Note – it is not a guarantee of a “sureshot win” to invest in companies that have a higher market value of quoted investments than their market capitalization.
While a higher market value of quoted investments can indicate that the company’s assets are undervalued by the market, it is not the only factor to consider when making investment decisions.
Scanner Rules:
- Market value of quoted investments > 0.2*Market Capitalization
- Price to book value < .2
- Book value > 0
Market value of quoted investments refers to the total value of a company’s investments that are traded on a public market, such as stocks or bonds. It is calculated by multiplying the number of shares or bonds held by the current market price of those securities.
This figure represents the value of a company’s investments that can be easily bought or sold on the open market.
Market capitalization refers to the total value of a company’s outstanding shares of stock.
It is calculated by multiplying the number of shares outstanding by the current market price of those shares.