In an environment of rising inflation and interest rates, most new-age stocks are struggling. In recent times, backed by expectations of a bright future, these stocks were being priced aggressively, especially when seen on traditional valuation metrics. Most of these companies are loss-making even at the operating level. Not surprisingly, price-to-sales (P/S) is the most commonly used valuation metric to evaluate them.
The P/S multiple shrinkage has…
>>>read full article here<<<
Together, the two nations used to export nearly a third of the world’s wheat and barley produce – key raw materials for liquor companies. Rice, a third major raw material, was also exported heavily […]
Inflation Hits 8.5% – Now Officially Out Of Control Barchart >>>read full article here
Bitcoin advocates have stressed for some time that the world’s biggest digital currency can hedge against inflation and declines by stocks and bonds. But that hasn’t happened this year, as stocks, bonds and bitcoin have dropped […]
Copyright © 2021 | BitcoinPress