Archive: August 2014

Market Cap to Book Correlates to ROE less COE

Large Cap Bank Stocks Continue to Price Equity Market Capital to Book Value Compared to Return on Equity (ROE) less IDC’s Cost of Equity Capital on a Straight Line (See Chart) Banks as custodians for large portfolios, such as Bank of New York Mellon Corp (BK) and State Street Corp (STT)…

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