Monday, November 01, 2004

Why is General Motors worth only 1/7th of Toyota?

The total market value of all of General Motor's stock (market cap) is about $22 Billion. Toyota's market cap is $140 billion. Why the difference? It has to do with profitability. General Motor's stock is trading for less than the book value of its assets.

The New York Times > Business > Your Money > Investing: G.M. vs. Toyota: This Time, the Hare May Win

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.