Originally Posted by
jamesfly
I recognized it was by industry cap. Nothing really to do with travelers taken, or navy dimension or anything journey relevant. But I think a useful measurement to evaluate with all organizations.
Useful measurement for comparison at an instant. It's no more than the instantaneous valuation of a company, and it changes continuously.
Stock price has little value now. Look at what happened to face book IPO. Market cap has been hyped up by short term investors. Many metrics are in use that mislead people. Facebook used a metric to exaggerate footfall on it's site. Anyone who visited a site that was linked to, was counted as a hit by face book. If stock price reflected real strength of a company, market cap would be more reliable metric. Rising stock price is no guarantee of company growth.