Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Key Takeaways Warren Buffett has pointed out that book value can significantly misstate the intrinsic value of a business.He prefers using intrinsic value, "the discounted value of the cash that can ...

The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book ...

Among valuation metrics, price-to-earnings (P/E) and price-to-sales (P/S) are more commonly used for stock selection. This is because calculations based on earnings and to some extent sales are easy ...

We all love a good deal — and value investors believe there are plenty of them to be found in the stock market. Value investing is a strategy made famous by iconic investors like Benjamin Graham and ...