this post was submitted on 07 Oct 2024
361 points (96.9% liked)
Technology
58743 readers
4330 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well, while outstanding in current (we are living in a 20++ year bubble without much correction - no, when market values/indexes/cap rebound within a year, or month, with mostly the same main players) times, and especially for a successful company in the tech sector, having more assets than market cap isn't that weird.
As long as market value is above book value, it's fine.
And when it's not, it's prob a bank after 2012 (tho prices are generally way closer to book than they were before) :D.