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
Monday, November 01, 2004
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