And is there any mistake in the writer's using "a year from now" here? I think it should be "a year ago".

"Then there's the valuation to consider. Deutsche Bank shares are selling at half their expected book value a year from now, while UBS looked like a bargain to GIC at 2 times book."

Source: https://www.bloomberg.com/gadfly/articles/2017-05-16/hna-can-avoid-singapore-s-ubs-sour-grapes


... half their expected book value a year from now...

This is correct, meaning the price at which they are predicted to be selling a year from now is twice what they are selling for today.

... at 2 times book. means at twice the book value, or twice the generally accepted value based on a valuation according to traditional accounting practices.

  • Why does the author shift to past tense "... while UBS looked like a bargain"? "are selling ... while UBS looked" is an odd construction. – Tᴚoɯɐuo May 16 '17 at 13:43
  • Agreed, odd choice. I decline to speculate on the reasons, but there may be some. – Davo May 16 '17 at 13:53

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