Tobin Q : 1.43 (As of 2023-04-01)
Historical Data
Basic Info
Tobin Q was 1.43 as of 2023-04-01, according to Investopedia. Historically, Tobin Q reached a record high of 2.15 and a record low of 0.28, the median value is 0.76. Typical value range is from 1.05 to 1.65. The Year-Over-Year growth is 9.16%. GuruFocus provides the current actual value, an historical data chart and related indicators for Tobin Q - last updated from the United States Federal Reserve on 2023-04-01.
The Tobin's Q ratio is a ratio devised by James Tobin of Yale University, Nobel laureate in economics, who hypothesized that the combined market value of all the companies on the stock market should be about equal to their replacement costs. The Q ratio is calculated as the market value of a company divided by the replacement value of the firm's assets. Source: Investopedia. Link: http://www.investopedia.com/terms/q/qratio.asp
Category | Market Trend |
Region | USA |
Source | Investopedia |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 1.43 | ||
Latest Period | 2023-04-01 | ||
Long Term Average | 1.35 | ||
Average Annualized Growth Rate | +1.42% | ||
Value from 1 year ago | - | ||
Change from 1 year ago | % | ||
Frequency | Daily | ||
Unit |