BenGrahamReborn,
Regarding QBE book value; it is meaningless because so much of it is intangible based on past acquisitions.
Unless you want to value it based on NTA, which I don't think is a logical way to value an insurance company, the asset value of this company is meaningless for the purpose of valuation of the company.
Ben Graham's method is great if you want to buy asset in distress like Qantas or BlueSteel (althought in my opinion, book value does not represents market value when liquidation fire sale happens); but not service companies.
BenGrahamReborn,Regarding QBE book value; it is meaningless...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.49 |
Change
0.240(1.32%) |
Mkt cap ! $27.83B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.49 | $18.13 | $58.90M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 56 | $18.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 25787 | 11 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |