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单词 Tobin's q
释义 Tobin's q

A ratio used to explain investment. q is the ratio of the valuation shareholders put on a firm to the market value of its assets; at the margin the shareholders' valuation is shown by the share price. The theory is that if q > 1 a firm should invest; if q < 1 the firm should run down or sell off its capital equipment.

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更新时间:2025/4/15 19:49:39