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To SA jacob maltz-confirmed. Should there be more information under valuation data?

badford's IRA 9 months ago updated by SA Jacob Maltz 9 months ago 3

Answer

Answer

We only cover the USA traded market so we have USA prices only.  Your portfolio contains mostly ADRs so we have the price for the ADR but not for the major market security (I see a lot of TSX listed mining companies) . Now, the denominator of these calculations e.g. Book value per share,  Revenue per share, Tang Book per share, are all based on the shares outstanding of the primary market security, not the ADR, so we cannot divide the ADR price by a non matching denominator.  Therefore, we decided not to show price ratios for ADRs until we can determine the best way to calculate them.  Hope this is clear and sorry for the inconvenience.

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Could you please elaborate ?  what data are you looking for on which tickers ?

Go to valuation screen for portfolio 1 and all the data is missing in the middle except for Newmont Mining.  Why is this so?  It seems the other companies have a lot of data that could be placed here.

Thanks Brad.

Answer

We only cover the USA traded market so we have USA prices only.  Your portfolio contains mostly ADRs so we have the price for the ADR but not for the major market security (I see a lot of TSX listed mining companies) . Now, the denominator of these calculations e.g. Book value per share,  Revenue per share, Tang Book per share, are all based on the shares outstanding of the primary market security, not the ADR, so we cannot divide the ADR price by a non matching denominator.  Therefore, we decided not to show price ratios for ADRs until we can determine the best way to calculate them.  Hope this is clear and sorry for the inconvenience.