The Stock Market Is More Overvalued Than It’s Been In A Decade: The Q Ratio Moves Yet Further Into Nosebleed Territory

The Q Ratio is a popular method of estimating the fair value of the stock market developed by Nobel Laureate James Tobin. It’s a fairly simple concept, but laborious to calculate. The Q Ratio is the total price of the market divided by the replacement cost of all its companies. Fortunately, the government does the [...] continue reading world news