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Book to market |
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Book to marketThe ratio of book value to market value of equity. A high ratio means is often interpreted as a value stock (the market is valuing equity relatively cheaply compared to book value). This is the same as a low price-to-book value ratio. Value managers often form portfolios of securities with high book to market values.Book to market Similar MatchesFourth marketFourth marketThe market of securities trading without the participation of brokers, thus obviating commission costs. The market, which is computer based, mainly comprises large institutional investors such as mutual funds and insurance companies. Asian dollar marketAsian dollar marketAsian banks that collect deposits and make loans denominated in US dollars. Direct search marketDirect search marketBuyers and sellers seek each other directly and transact directly. National Market SystemNational Market SystemA US national market system was mandated by the Securities Act Amendments of 1975, the most important federal securities legislation since the 1930s. At the heart of the national market is the ITS, which began operation in 1978. Nine markets - the American, Boston, Cincinnati, Chicago, New York, Pacific, and Philadelphia and NASD over-the-counter market - are linked electronically by ITS computers. This allows traders at any exchange to seek the best available price on all other exchanges that a particular security is eligible to trade on. The national market system also includes a consolidated electronic tape, which combines last-sale prices from all markets into a single stream of information. Market book ratioMarket book ratioMarket price of a share divided by book value per share. Further SuggestionsPermission MarketingMarket out clause Cash markets Intermarket sector spread Market Not Held Order Efficient market Eurocredit market London Bullion Market Association Market prices Leading the market Open markets Morgan Stanley Capital International Emerging Markets Global Index market price At the market Factor market Emerging market Marketability market value Perfectly competitive financial markets Aftermarket Bidding through the market Overlap the market Market tone corner a market Market price of risk |
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