book-to-market

Its book-to-market ratio is in the top 20% of the market (which is true for a company to be considered further by the Piotroski strategy), its return on assets is positive (4.63%), cash flow from operations is a positive $488 million, LTD/assets did not increase in the past year, the current ratio increased, and the shares outstanding has remained constant.

Winning With The Market's Losers John P. Reese 2006

His first criterion, as I understand his approach, is that the company be in the top 20% of the market based on the book-to-market ratio, which is the inverse of the more commonly used price-to-book P/B ratio.

Winning With The Market's Losers John P. Reese 2006

The book-to-market ratio seems to have weakened in recent data, With fresh data, new instruments seem to work.

Ferson et al. on Interactions between Data Mining and Spurious Regression « Climate Audit 2005

The lone bright spots in the analysis are a decent book-to-market ratio of 79.4%, which is in the top third of the universe, and a normalized 8yr average net income to market cap yield of 10.2%, which places it in the 92%ile, but given the earnings quality results above, it's hard to get too excited about this latter figure.

unknown title 2011

"One thing we did not find was support for the idea that a company's performance made it a target, and we also saw no effect of book-to-market ratios," said Ma.

StreetInsider.com News Articles 2010

Instead, he said, most of the variation could be explained by investments in hot stocks, large cap shares and firms with relatively high book-to-market equity valuations.

NationNews - Barbados 2010

MCt and BMt-k are natural logs of market cap and the book-to-market ratio, and the three change variables are changes in logs.

Recently Uploaded Slideshows 2009

These results suggest that for Tiny stocks dMt-k, t has more explanatory power than either the change in book equity, dBt-k, t, or the lagged book-to-market ratio, BMt-k.

Recently Uploaded Slideshows 2009

We argue that the evolution of the book-to-market ratio itself provides interesting candidates.

Recently Uploaded Slideshows 2009

Thus, like earlier work, we find that high book-to-market (value) stocks have higher average returns than low book-to-market

Recently Uploaded Slideshows 2009