id	sid	tid	token	lemma	pos
faba-239	1	1	180	180	NUM
faba-239	1	2	finance	finance	NOUN
faba-239	1	3	,	,	PUNCT
faba-239	1	4	accounting	accounting	NOUN
faba-239	1	5	and	and	CCONJ
faba-239	1	6	business	business	NOUN
faba-239	1	7	analysis	analysis	NOUN
faba-239	1	8	volume	volume	NOUN
faba-239	1	9	6	6	NUM
faba-239	1	10	issue	issue	NOUN
faba-239	1	11	2	2	NUM
faba-239	1	12	,	,	PUNCT
faba-239	1	13	2024	2024	NUM
faba-239	1	14	http://faba.bg/	http://faba.bg/	NOUN
faba-239	1	15	issn	issn	VERB
faba-239	1	16	2603	2603	NUM
faba-239	1	17	-	-	SYM
faba-239	1	18	5324	5324	NUM
faba-239	1	19	doi	doi	NOUN
faba-239	1	20	:	:	PUNCT
faba-239	1	21	https://doi.org/10.37075/faba.2024.2.07	https://doi.org/10.37075/faba.2024.2.07	ADJ
faba-239	1	22	“	"	PUNCT
faba-239	1	23	the	the	DET
faba-239	1	24	magnificent	magnificent	ADJ
faba-239	1	25	seven	seven	NUM
faba-239	1	26	”	"	PUNCT
faba-239	1	27	technology	technology	NOUN
faba-239	1	28	stocks	stock	NOUN
faba-239	1	29	and	and	CCONJ
faba-239	1	30	their	their	PRON
faba-239	1	31	impact	impact	NOUN
faba-239	1	32	on	on	ADP
faba-239	1	33	the	the	DET
faba-239	1	34	s&p	s&p	PROPN
faba-239	1	35	500	500	NUM
faba-239	1	36	:	:	PUNCT
faba-239	1	37	a	a	DET
faba-239	1	38	review	review	NOUN
faba-239	1	39	4	4	NUM
faba-239	1	40	years	year	NOUN
faba-239	1	41	later	later	ADV
faba-239	1	42	dimiter	dimiter	PROPN
faba-239	1	43	nenkov	nenkov	PROPN
faba-239	1	44	department	department	PROPN
faba-239	1	45	of	of	ADP
faba-239	1	46	finance	finance	NOUN
faba-239	1	47	,	,	PUNCT
faba-239	1	48	university	university	NOUN
faba-239	1	49	of	of	ADP
faba-239	1	50	national	national	ADJ
faba-239	1	51	and	and	CCONJ
faba-239	1	52	world	world	NOUN
faba-239	1	53	economy	economy	NOUN
faba-239	1	54	,	,	PUNCT
faba-239	1	55	sofia	sofia	PROPN
faba-239	1	56	,	,	PUNCT
faba-239	1	57	bulgaria	bulgaria	PROPN
faba-239	1	58	info	info	NOUN
faba-239	1	59	articles	article	NOUN
faba-239	1	60	abstract	abstract	ADJ
faba-239	1	61	history	history	NOUN
faba-239	1	62	article	article	NOUN
faba-239	1	63	:	:	PUNCT
faba-239	1	64	submitted	submit	VERB
faba-239	1	65	15	15	NUM
faba-239	1	66	october	october	PROPN
faba-239	1	67	2024	2024	NUM
faba-239	1	68	revised	revise	VERB
faba-239	1	69	26	26	NUM
faba-239	1	70	november	november	PROPN
faba-239	1	71	2024	2024	NUM
faba-239	1	72	accepted	accept	VERB
faba-239	1	73	2	2	NUM
faba-239	1	74	december	december	PROPN
faba-239	1	75	2024	2024	NUM
faba-239	1	76	purpose	purpose	NOUN
faba-239	1	77	:	:	PUNCT
faba-239	1	78	the	the	DET
faba-239	1	79	subject	subject	NOUN
faba-239	1	80	of	of	ADP
faba-239	1	81	this	this	DET
faba-239	1	82	research	research	NOUN
faba-239	1	83	is	be	AUX
faba-239	1	84	the	the	DET
faba-239	1	85	performance	performance	NOUN
faba-239	1	86	of	of	ADP
faba-239	1	87	the	the	DET
faba-239	1	88	s&p	s&p	PROPN
faba-239	1	89	500	500	NUM
faba-239	1	90	and	and	CCONJ
faba-239	1	91	the	the	DET
faba-239	1	92	influence	influence	NOUN
faba-239	1	93	of	of	ADP
faba-239	1	94	the	the	DET
faba-239	1	95	large	large	ADJ
faba-239	1	96	technology	technology	NOUN
faba-239	1	97	stocks	stock	NOUN
faba-239	1	98	on	on	ADP
faba-239	1	99	it	it	PRON
faba-239	1	100	.	.	PUNCT
faba-239	2	1	the	the	DET
faba-239	2	2	interest	interest	NOUN
faba-239	2	3	to	to	ADP
faba-239	2	4	this	this	DET
faba-239	2	5	issue	issue	NOUN
faba-239	2	6	is	be	AUX
faba-239	2	7	provoked	provoke	VERB
faba-239	2	8	by	by	ADP
faba-239	2	9	the	the	DET
faba-239	2	10	continued	continue	VERB
faba-239	2	11	record	record	NOUN
faba-239	2	12	-	-	PUNCT
faba-239	2	13	breaking	break	VERB
faba-239	2	14	process	process	NOUN
faba-239	2	15	in	in	ADP
faba-239	2	16	the	the	DET
faba-239	2	17	levels	level	NOUN
faba-239	2	18	of	of	ADP
faba-239	2	19	the	the	DET
faba-239	2	20	us	us	PROPN
faba-239	2	21	stock	stock	NOUN
faba-239	2	22	market	market	NOUN
faba-239	2	23	.	.	PUNCT
faba-239	3	1	the	the	DET
faba-239	3	2	purpose	purpose	NOUN
faba-239	3	3	of	of	ADP
faba-239	3	4	the	the	DET
faba-239	3	5	study	study	NOUN
faba-239	3	6	is	be	AUX
faba-239	3	7	to	to	PART
faba-239	3	8	find	find	VERB
faba-239	3	9	out	out	ADP
faba-239	3	10	:	:	PUNCT
faba-239	3	11	whether	whether	SCONJ
faba-239	3	12	recent	recent	ADJ
faba-239	3	13	growth	growth	NOUN
faba-239	3	14	of	of	ADP
faba-239	3	15	the	the	DET
faba-239	3	16	index	index	NOUN
faba-239	3	17	and	and	CCONJ
faba-239	3	18	of	of	ADP
faba-239	3	19	the	the	DET
faba-239	3	20	seven	seven	NUM
faba-239	3	21	large	large	ADJ
faba-239	3	22	companies	company	NOUN
faba-239	3	23	(	(	PUNCT
faba-239	3	24	apple	apple	NOUN
faba-239	3	25	,	,	PUNCT
faba-239	3	26	amazon	amazon	PROPN
faba-239	3	27	,	,	PUNCT
faba-239	3	28	microsoft	microsoft	PROPN
faba-239	3	29	,	,	PUNCT
faba-239	3	30	alphabet	alphabet	PROPN
faba-239	3	31	,	,	PUNCT
faba-239	3	32	meta	meta	PROPN
faba-239	3	33	platforms	platform	NOUN
faba-239	3	34	,	,	PUNCT
faba-239	3	35	nvidia	nvidia	PROPN
faba-239	3	36	и	и	PROPN
faba-239	3	37	tesla	tesla	PROPN
faba-239	3	38	)	)	PUNCT
faba-239	3	39	is	be	AUX
faba-239	3	40	supported	support	VERB
faba-239	3	41	or	or	CCONJ
faba-239	3	42	not	not	PART
faba-239	3	43	by	by	ADP
faba-239	3	44	the	the	DET
faba-239	3	45	key	key	ADJ
faba-239	3	46	financial	financial	ADJ
faba-239	3	47	indicators	indicator	NOUN
faba-239	3	48	,	,	PUNCT
faba-239	3	49	and	and	CCONJ
faba-239	3	50	to	to	ADP
faba-239	3	51	what	what	DET
faba-239	3	52	extent	extent	NOUN
faba-239	3	53	the	the	DET
faba-239	3	54	index	index	NOUN
faba-239	3	55	indicators	indicator	NOUN
faba-239	3	56	are	be	AUX
faba-239	3	57	influenced	influence	VERB
faba-239	3	58	by	by	ADP
faba-239	3	59	the	the	DET
faba-239	3	60	seven	seven	NUM
faba-239	3	61	large	large	ADJ
faba-239	3	62	technology	technology	NOUN
faba-239	3	63	stocks	stock	NOUN
faba-239	3	64	.	.	PUNCT
faba-239	4	1	design	design	NOUN
faba-239	4	2	/	/	SYM
faba-239	4	3	methodology	methodology	NOUN
faba-239	4	4	/	/	SYM
faba-239	4	5	approach	approach	NOUN
faba-239	4	6	:	:	PUNCT
faba-239	4	7	the	the	DET
faba-239	4	8	current	current	ADJ
faba-239	4	9	study	study	NOUN
faba-239	4	10	is	be	AUX
faba-239	4	11	a	a	DET
faba-239	4	12	kind	kind	NOUN
faba-239	4	13	of	of	ADP
faba-239	4	14	a	a	DET
faba-239	4	15	relook	relook	NOUN
faba-239	4	16	four	four	NUM
faba-239	4	17	years	year	NOUN
faba-239	4	18	later	later	ADV
faba-239	4	19	,	,	PUNCT
faba-239	4	20	of	of	ADP
faba-239	4	21	the	the	DET
faba-239	4	22	same	same	ADJ
faba-239	4	23	issues	issue	NOUN
faba-239	4	24	,	,	PUNCT
faba-239	4	25	explored	explore	VERB
faba-239	4	26	by	by	ADP
faba-239	4	27	the	the	DET
faba-239	4	28	author	author	NOUN
faba-239	4	29	during	during	ADP
faba-239	4	30	the	the	DET
faba-239	4	31	covid-19	covid-19	PROPN
faba-239	4	32	pandemic	pandemic	NOUN
faba-239	4	33	in	in	ADP
faba-239	4	34	2020	2020	NUM
faba-239	4	35	.	.	PUNCT
faba-239	5	1	historical	historical	ADJ
faba-239	5	2	performance	performance	NOUN
faba-239	5	3	of	of	ADP
faba-239	5	4	the	the	DET
faba-239	5	5	s&p	s&p	PROPN
faba-239	5	6	500	500	NUM
faba-239	5	7	is	be	AUX
faba-239	5	8	reviewed	review	VERB
faba-239	5	9	,	,	PUNCT
faba-239	5	10	using	use	VERB
faba-239	5	11	its	its	PRON
faba-239	5	12	key	key	ADJ
faba-239	5	13	financial	financial	ADJ
faba-239	5	14	indicators	indicator	NOUN
faba-239	5	15	,	,	PUNCT
faba-239	5	16	such	such	ADJ
faba-239	5	17	as	as	ADP
faba-239	5	18	eps	eps	PROPN
faba-239	5	19	,	,	PUNCT
faba-239	5	20	eps	eps	NOUN
faba-239	5	21	growth	growth	NOUN
faba-239	5	22	,	,	PUNCT
faba-239	5	23	roe	roe	NOUN
faba-239	5	24	,	,	PUNCT
faba-239	5	25	as	as	ADV
faba-239	5	26	well	well	ADV
faba-239	5	27	as	as	ADP
faba-239	5	28	“	"	PUNCT
faba-239	5	29	price	price	NOUN
faba-239	5	30	-	-	PUNCT
faba-239	5	31	to	to	ADP
faba-239	5	32	-	-	PUNCT
faba-239	5	33	earnings	earning	NOUN
faba-239	5	34	”	"	PUNCT
faba-239	5	35	(	(	PUNCT
faba-239	5	36	pe	pe	INTJ
faba-239	5	37	)	)	PUNCT
faba-239	5	38	and	and	CCONJ
faba-239	5	39	“	"	PUNCT
faba-239	5	40	price	price	NOUN
faba-239	5	41	-	-	PUNCT
faba-239	5	42	to	to	ADP
faba-239	5	43	-	-	PUNCT
faba-239	5	44	book	book	NOUN
faba-239	5	45	”	"	PUNCT
faba-239	5	46	(	(	PUNCT
faba-239	5	47	pbv	pbv	VERB
faba-239	5	48	)	)	PUNCT
faba-239	5	49	market	market	NOUN
faba-239	5	50	ratios	ratio	NOUN
faba-239	5	51	.	.	PUNCT
faba-239	6	1	the	the	DET
faba-239	6	2	performance	performance	NOUN
faba-239	6	3	of	of	ADP
faba-239	6	4	the	the	DET
faba-239	6	5	seven	seven	NUM
faba-239	6	6	large	large	ADJ
faba-239	6	7	technology	technology	NOUN
faba-239	6	8	stocks	stock	NOUN
faba-239	6	9	(	(	PUNCT
faba-239	6	10	apple	apple	NOUN
faba-239	6	11	,	,	PUNCT
faba-239	6	12	amazon	amazon	PROPN
faba-239	6	13	,	,	PUNCT
faba-239	6	14	microsoft	microsoft	PROPN
faba-239	6	15	,	,	PUNCT
faba-239	6	16	alphabet	alphabet	PROPN
faba-239	6	17	,	,	PUNCT
faba-239	6	18	meta	meta	PROPN
faba-239	6	19	platforms	platform	NOUN
faba-239	6	20	,	,	PUNCT
faba-239	6	21	nvidia	nvidia	PROPN
faba-239	6	22	and	and	CCONJ
faba-239	6	23	tesla	tesla	PROPN
faba-239	6	24	)	)	PUNCT
faba-239	6	25	is	be	AUX
faba-239	6	26	reviewed	review	VERB
faba-239	6	27	in	in	ADP
faba-239	6	28	parallel	parallel	NOUN
faba-239	6	29	.	.	PUNCT
faba-239	7	1	findings	finding	NOUN
faba-239	7	2	:	:	PUNCT
faba-239	7	3	the	the	DET
faba-239	7	4	elaborate	elaborate	ADJ
faba-239	7	5	comparative	comparative	ADJ
faba-239	7	6	analysis	analysis	NOUN
faba-239	7	7	of	of	ADP
faba-239	7	8	the	the	DET
faba-239	7	9	above	above	ADJ
faba-239	7	10	set	set	NOUN
faba-239	7	11	of	of	ADP
faba-239	7	12	fundamental	fundamental	ADJ
faba-239	7	13	indicators	indicator	NOUN
faba-239	7	14	does	do	AUX
faba-239	7	15	not	not	PART
faba-239	7	16	seem	seem	VERB
faba-239	7	17	to	to	PART
faba-239	7	18	support	support	VERB
faba-239	7	19	the	the	DET
faba-239	7	20	high	high	ADJ
faba-239	7	21	current	current	ADJ
faba-239	7	22	levels	level	NOUN
faba-239	7	23	of	of	ADP
faba-239	7	24	the	the	DET
faba-239	7	25	s&p	s&p	PROPN
faba-239	7	26	500	500	NUM
faba-239	7	27	as	as	ADP
faba-239	7	28	a	a	DET
faba-239	7	29	whole	whole	NOUN
faba-239	7	30	and	and	CCONJ
faba-239	7	31	of	of	ADP
faba-239	7	32	most	most	ADJ
faba-239	7	33	of	of	ADP
faba-239	7	34	the	the	DET
faba-239	7	35	companies	company	NOUN
faba-239	7	36	from	from	ADP
faba-239	7	37	“	"	PUNCT
faba-239	7	38	the	the	DET
faba-239	7	39	magnificent	magnificent	ADJ
faba-239	7	40	seven	seven	NUM
faba-239	7	41	”	"	PUNCT
faba-239	7	42	.	.	PUNCT
faba-239	8	1	the	the	DET
faba-239	8	2	major	major	ADJ
faba-239	8	3	doubt	doubt	NOUN
faba-239	8	4	comes	come	VERB
faba-239	8	5	because	because	SCONJ
faba-239	8	6	of	of	ADP
faba-239	8	7	the	the	DET
faba-239	8	8	unreasonably	unreasonably	ADV
faba-239	8	9	high	high	ADJ
faba-239	8	10	levels	level	NOUN
faba-239	8	11	of	of	ADP
faba-239	8	12	most	most	ADV
faba-239	8	13	reported	report	VERB
faba-239	8	14	pe	pe	INTJ
faba-239	8	15	and	and	CCONJ
faba-239	8	16	pbv	pbv	VERB
faba-239	8	17	ratios	ratio	NOUN
faba-239	8	18	,	,	PUNCT
faba-239	8	19	as	as	SCONJ
faba-239	8	20	compared	compare	VERB
faba-239	8	21	with	with	ADP
faba-239	8	22	historic	historic	ADJ
faba-239	8	23	average	average	ADJ
faba-239	8	24	levels	level	NOUN
faba-239	8	25	for	for	ADP
faba-239	8	26	the	the	DET
faba-239	8	27	market	market	NOUN
faba-239	8	28	.	.	PUNCT
faba-239	9	1	at	at	ADP
faba-239	9	2	the	the	DET
faba-239	9	3	end	end	NOUN
faba-239	9	4	,	,	PUNCT
faba-239	9	5	fundamental	fundamental	ADJ
faba-239	9	6	pe	pe	NOUN
faba-239	9	7	and	and	CCONJ
faba-239	9	8	pbv	pbv	VERB
faba-239	9	9	ratios	ratio	NOUN
faba-239	9	10	are	be	AUX
faba-239	9	11	also	also	ADV
faba-239	9	12	derived	derive	VERB
faba-239	9	13	and	and	CCONJ
faba-239	9	14	compared	compare	VERB
faba-239	9	15	with	with	ADP
faba-239	9	16	the	the	DET
faba-239	9	17	actual	actual	ADJ
faba-239	9	18	market	market	NOUN
faba-239	9	19	pes	pe	NOUN
faba-239	9	20	and	and	CCONJ
faba-239	9	21	pbvs	pbvs	NOUN
faba-239	9	22	of	of	ADP
faba-239	9	23	the	the	DET
faba-239	9	24	index	index	NOUN
faba-239	9	25	and	and	CCONJ
faba-239	9	26	of	of	ADP
faba-239	9	27	the	the	DET
faba-239	9	28	seven	seven	NUM
faba-239	9	29	companies	company	NOUN
faba-239	9	30	.	.	PUNCT
faba-239	10	1	the	the	DET
faba-239	10	2	derived	derive	VERB
faba-239	10	3	fundamental	fundamental	ADJ
faba-239	10	4	pe	pe	NOUN
faba-239	10	5	and	and	CCONJ
faba-239	10	6	pbv	pbv	VERB
faba-239	10	7	ratios	ratio	NOUN
faba-239	10	8	also	also	ADV
faba-239	10	9	do	do	AUX
faba-239	10	10	not	not	PART
faba-239	10	11	support	support	VERB
faba-239	10	12	the	the	DET
faba-239	10	13	high	high	ADJ
faba-239	10	14	levels	level	NOUN
faba-239	10	15	of	of	ADP
faba-239	10	16	the	the	DET
faba-239	10	17	s&p	s&p	PROPN
faba-239	10	18	500	500	NUM
faba-239	10	19	as	as	ADP
faba-239	10	20	a	a	DET
faba-239	10	21	whole	whole	NOUN
faba-239	10	22	,	,	PUNCT
faba-239	10	23	and	and	CCONJ
faba-239	10	24	the	the	DET
faba-239	10	25	prices	price	NOUN
faba-239	10	26	of	of	ADP
faba-239	10	27	most	most	ADJ
faba-239	10	28	of	of	ADP
faba-239	10	29	“	"	PUNCT
faba-239	10	30	the	the	DET
faba-239	10	31	magnificent	magnificent	ADJ
faba-239	10	32	seven	seven	NUM
faba-239	10	33	”	"	PUNCT
faba-239	10	34	technology	technology	NOUN
faba-239	10	35	stocks	stock	NOUN
faba-239	10	36	.	.	PUNCT
faba-239	11	1	practical	practical	ADJ
faba-239	11	2	implications	implication	NOUN
faba-239	11	3	:	:	PUNCT
faba-239	11	4	the	the	DET
faba-239	11	5	important	important	ADJ
faba-239	11	6	implications	implication	NOUN
faba-239	11	7	for	for	ADP
faba-239	11	8	investors	investor	NOUN
faba-239	11	9	are	be	AUX
faba-239	11	10	that	that	SCONJ
faba-239	11	11	the	the	DET
faba-239	11	12	s&p	s&p	PROPN
faba-239	11	13	500	500	NUM
faba-239	11	14	as	as	ADP
faba-239	11	15	a	a	DET
faba-239	11	16	whole	whole	NOUN
faba-239	11	17	and	and	CCONJ
faba-239	11	18	most	most	ADJ
faba-239	11	19	of	of	ADP
faba-239	11	20	“	"	PUNCT
faba-239	11	21	the	the	DET
faba-239	11	22	magnificent	magnificent	ADJ
faba-239	11	23	seven	seven	NUM
faba-239	11	24	”	"	PUNCT
faba-239	11	25	stocks	stock	NOUN
faba-239	11	26	look	look	VERB
faba-239	11	27	significantly	significantly	ADV
faba-239	11	28	overpriced	overpriced	ADJ
faba-239	11	29	at	at	ADP
faba-239	11	30	the	the	DET
faba-239	11	31	background	background	NOUN
faba-239	11	32	of	of	ADP
faba-239	11	33	fundamentals	fundamental	NOUN
faba-239	11	34	in	in	ADP
faba-239	11	35	2024	2024	NUM
faba-239	11	36	.	.	PUNCT
faba-239	12	1	originality	originality	NOUN
faba-239	12	2	/	/	SYM
faba-239	12	3	value	value	NOUN
faba-239	12	4	:	:	PUNCT
faba-239	12	5	the	the	DET
faba-239	12	6	analyses	analysis	NOUN
faba-239	12	7	of	of	ADP
faba-239	12	8	this	this	DET
faba-239	12	9	type	type	NOUN
faba-239	12	10	are	be	AUX
faba-239	12	11	normally	normally	ADV
faba-239	12	12	of	of	ADP
faba-239	12	13	private	private	ADJ
faba-239	12	14	character	character	NOUN
faba-239	12	15	,	,	PUNCT
faba-239	12	16	done	do	VERB
faba-239	12	17	mainly	mainly	ADV
faba-239	12	18	within	within	ADP
faba-239	12	19	business	business	NOUN
faba-239	12	20	entities	entity	NOUN
faba-239	12	21	,	,	PUNCT
faba-239	12	22	specialized	specialize	VERB
faba-239	12	23	on	on	ADP
faba-239	12	24	financial	financial	ADJ
faba-239	12	25	markets	market	NOUN
faba-239	12	26	.	.	PUNCT
faba-239	13	1	academic	academic	ADJ
faba-239	13	2	research	research	NOUN
faba-239	13	3	of	of	ADP
faba-239	13	4	this	this	DET
faba-239	13	5	matter	matter	NOUN
faba-239	13	6	,	,	PUNCT
faba-239	13	7	which	which	PRON
faba-239	13	8	is	be	AUX
faba-239	13	9	publicly	publicly	ADV
faba-239	13	10	available	available	ADJ
faba-239	13	11	,	,	PUNCT
faba-239	13	12	and	and	CCONJ
faba-239	13	13	following	follow	VERB
faba-239	13	14	the	the	DET
faba-239	13	15	approach	approach	NOUN
faba-239	13	16	of	of	ADP
faba-239	13	17	the	the	DET
faba-239	13	18	current	current	ADJ
faba-239	13	19	study	study	NOUN
faba-239	13	20	,	,	PUNCT
faba-239	13	21	is	be	AUX
faba-239	13	22	extremely	extremely	ADV
faba-239	13	23	limited	limited	ADJ
faba-239	13	24	.	.	PUNCT
faba-239	14	1	paper	paper	NOUN
faba-239	14	2	type	type	NOUN
faba-239	14	3	:	:	PUNCT
faba-239	14	4	research	research	NOUN
faba-239	14	5	paper	paper	NOUN
faba-239	14	6	keywords	keyword	NOUN
faba-239	14	7	:	:	PUNCT
faba-239	14	8	stock	stock	NOUN
faba-239	14	9	market	market	NOUN
faba-239	14	10	,	,	PUNCT
faba-239	14	11	s&p	s&p	PROPN
faba-239	14	12	500	500	NUM
faba-239	14	13	,	,	PUNCT
faba-239	14	14	the	the	DET
faba-239	14	15	magnificent	magnificent	ADJ
faba-239	14	16	seven	seven	NUM
faba-239	14	17	technology	technology	NOUN
faba-239	14	18	stocks	stock	NOUN
faba-239	14	19	,	,	PUNCT
faba-239	14	20	eps	eps	NOUN
faba-239	14	21	growth	growth	NOUN
faba-239	14	22	,	,	PUNCT
faba-239	14	23	roe	roe	NOUN
faba-239	14	24	,	,	PUNCT
faba-239	14	25	pe	pe	PROPN
faba-239	14	26	and	and	CCONJ
faba-239	14	27	pbv	pbv	VERB
faba-239	14	28	ratios	ratio	NOUN
faba-239	14	29	,	,	PUNCT
faba-239	14	30	fundamental	fundamental	ADJ
faba-239	14	31	pe	pe	X
faba-239	14	32	and	and	CCONJ
faba-239	14	33	pbv	pbv	VERB
faba-239	14	34	jel	jel	PROPN
faba-239	14	35	:	:	PUNCT
faba-239	14	36	g11	g11	PROPN
faba-239	14	37	,	,	PUNCT
faba-239	14	38	g12	g12	NOUN
faba-239	14	39	,	,	PUNCT
faba-239	14	40	g15	g15	PROPN
faba-239	14	41	address	address	NOUN
faba-239	14	42	correspondence	correspondence	NOUN
faba-239	14	43	:	:	PUNCT
faba-239	15	1	e	e	X
faba-239	15	2	-	-	NOUN
faba-239	15	3	mail	mail	NOUN
faba-239	15	4	:	:	PUNCT
faba-239	15	5	dnenkov@unwe.eu	dnenkov@unwe.eu	PUNCT
faba-239	15	6	https://doi.org/10.37075/faba.2024.2.07	https://doi.org/10.37075/faba.2024.2.07	PROPN
faba-239	15	7	mailto:dnenkov@unwe.eu	mailto:dnenkov@unwe.eu	NOUN
faba-239	15	8	https://orcid.org/0009-0007-9142-1570	https://orcid.org/0009-0007-9142-1570	VERB
faba-239	15	9	dimiter	dimiter	NOUN
faba-239	15	10	nenkov	nenkov	NOUN
faba-239	15	11	/	/	SYM
faba-239	15	12	finance	finance	NOUN
faba-239	15	13	,	,	PUNCT
faba-239	15	14	accounting	accounting	NOUN
faba-239	15	15	and	and	CCONJ
faba-239	15	16	business	business	NOUN
faba-239	15	17	analysis	analysis	NOUN
faba-239	15	18	,	,	PUNCT
faba-239	15	19	volume	volume	NOUN
faba-239	15	20	6	6	NUM
faba-239	15	21	,	,	PUNCT
faba-239	15	22	issue	issue	NOUN
faba-239	15	23	2	2	NUM
faba-239	15	24	,	,	PUNCT
faba-239	15	25	2024	2024	NUM
faba-239	15	26	181	181	NUM
faba-239	15	27	introduction	introduction	NOUN
faba-239	15	28	the	the	DET
faba-239	15	29	achievement	achievement	NOUN
faba-239	15	30	of	of	ADP
faba-239	15	31	record	record	NOUN
faba-239	15	32	-	-	PUNCT
faba-239	15	33	after	after	ADP
faba-239	15	34	-	-	PUNCT
faba-239	15	35	record	record	NOUN
faba-239	15	36	high	high	ADJ
faba-239	15	37	levels	level	NOUN
faba-239	15	38	by	by	ADP
faba-239	15	39	the	the	DET
faba-239	15	40	indices	index	NOUN
faba-239	15	41	of	of	ADP
faba-239	15	42	the	the	DET
faba-239	15	43	developed	develop	VERB
faba-239	15	44	stock	stock	NOUN
faba-239	15	45	markets	market	NOUN
faba-239	15	46	and	and	CCONJ
faba-239	15	47	in	in	ADP
faba-239	15	48	the	the	DET
faba-239	15	49	first	first	ADJ
faba-239	15	50	place	place	NOUN
faba-239	15	51	the	the	DET
faba-239	15	52	us	us	PROPN
faba-239	15	53	market	market	NOUN
faba-239	15	54	,	,	PUNCT
faba-239	15	55	continues	continue	VERB
faba-239	15	56	at	at	ADP
faba-239	15	57	this	this	DET
faba-239	15	58	stage	stage	NOUN
faba-239	15	59	.	.	PUNCT
faba-239	16	1	this	this	PRON
faba-239	16	2	naturally	naturally	ADV
faba-239	16	3	raises	raise	VERB
faba-239	16	4	the	the	DET
faba-239	16	5	question	question	NOUN
faba-239	16	6	of	of	ADP
faba-239	16	7	whether	whether	SCONJ
faba-239	16	8	the	the	DET
faba-239	16	9	current	current	ADJ
faba-239	16	10	high	high	ADJ
faba-239	16	11	levels	level	NOUN
faba-239	16	12	of	of	ADP
faba-239	16	13	market	market	NOUN
faba-239	16	14	indices	index	NOUN
faba-239	16	15	are	be	AUX
faba-239	16	16	justified	justified	ADJ
faba-239	16	17	.	.	PUNCT
faba-239	17	1	this	this	DET
faba-239	17	2	question	question	NOUN
faba-239	17	3	explains	explain	VERB
faba-239	17	4	the	the	DET
faba-239	17	5	relevance	relevance	NOUN
faba-239	17	6	of	of	ADP
faba-239	17	7	the	the	DET
faba-239	17	8	present	present	ADJ
faba-239	17	9	study	study	NOUN
faba-239	17	10	.	.	PUNCT
faba-239	18	1	the	the	DET
faba-239	18	2	current	current	ADJ
faba-239	18	3	research	research	NOUN
faba-239	18	4	paper	paper	NOUN
faba-239	18	5	steps	step	NOUN
faba-239	18	6	on	on	ADP
faba-239	18	7	the	the	DET
faba-239	18	8	logic	logic	NOUN
faba-239	18	9	of	of	ADP
faba-239	18	10	a	a	DET
faba-239	18	11	previous	previous	ADJ
faba-239	18	12	similar	similar	ADJ
faba-239	18	13	research	research	NOUN
faba-239	18	14	on	on	ADP
faba-239	18	15	this	this	DET
faba-239	18	16	matter	matter	NOUN
faba-239	18	17	by	by	ADP
faba-239	18	18	the	the	DET
faba-239	18	19	author	author	NOUN
faba-239	18	20	amidst	amidst	ADP
faba-239	18	21	the	the	DET
faba-239	18	22	covid-19	covid-19	PROPN
faba-239	18	23	pandemic	pandemic	NOUN
faba-239	18	24	in	in	ADP
faba-239	18	25	2020	2020	NUM
faba-239	18	26	(	(	PUNCT
faba-239	18	27	nenkov	nenkov	PROPN
faba-239	18	28	2021a	2021a	NUM
faba-239	18	29	)	)	PUNCT
faba-239	18	30	.	.	PUNCT
faba-239	19	1	the	the	DET
faba-239	19	2	new	new	ADJ
faba-239	19	3	research	research	NOUN
faba-239	19	4	is	be	AUX
faba-239	19	5	a	a	DET
faba-239	19	6	re	re	NOUN
faba-239	19	7	-	-	NOUN
faba-239	19	8	look	look	NOUN
faba-239	19	9	at	at	ADP
faba-239	19	10	the	the	DET
faba-239	19	11	previous	previous	ADJ
faba-239	19	12	issues	issue	NOUN
faba-239	19	13	four	four	NUM
faba-239	19	14	years	year	NOUN
faba-239	19	15	later	later	ADV
faba-239	19	16	.	.	PUNCT
faba-239	20	1	one	one	NUM
faba-239	20	2	of	of	ADP
faba-239	20	3	the	the	DET
faba-239	20	4	curious	curious	ADJ
faba-239	20	5	stock	stock	NOUN
faba-239	20	6	-	-	PUNCT
faba-239	20	7	market	market	NOUN
faba-239	20	8	phenomena	phenomenon	NOUN
faba-239	20	9	in	in	ADP
faba-239	20	10	the	the	DET
faba-239	20	11	conditions	condition	NOUN
faba-239	20	12	of	of	ADP
faba-239	20	13	the	the	DET
faba-239	20	14	pandemic	pandemic	NOUN
faba-239	20	15	of	of	ADP
faba-239	20	16	covid-19	covid-19	PROPN
faba-239	20	17	in	in	ADP
faba-239	20	18	2020	2020	NUM
faba-239	20	19	were	be	AUX
faba-239	20	20	the	the	DET
faba-239	20	21	consecutive	consecutive	ADJ
faba-239	20	22	price	price	NOUN
faba-239	20	23	records	record	NOUN
faba-239	20	24	on	on	ADP
faba-239	20	25	the	the	DET
faba-239	20	26	us	us	PROPN
faba-239	20	27	stock	stock	NOUN
faba-239	20	28	market	market	NOUN
faba-239	20	29	.	.	PUNCT
faba-239	21	1	despite	despite	SCONJ
faba-239	21	2	the	the	DET
faba-239	21	3	severe	severe	ADJ
faba-239	21	4	damage	damage	NOUN
faba-239	21	5	the	the	DET
faba-239	21	6	pandemic	pandemic	NOUN
faba-239	21	7	had	have	AUX
faba-239	21	8	inflicted	inflict	VERB
faba-239	21	9	on	on	ADP
faba-239	21	10	the	the	DET
faba-239	21	11	global	global	ADJ
faba-239	21	12	economy	economy	NOUN
faba-239	21	13	,	,	PUNCT
faba-239	21	14	in	in	ADP
faba-239	21	15	august	august	PROPN
faba-239	21	16	2020	2020	NUM
faba-239	21	17	,	,	PUNCT
faba-239	21	18	us	us	PROPN
faba-239	21	19	indices	indice	VERB
faba-239	21	20	improved	improve	VERB
faba-239	21	21	pre	pre	ADJ
faba-239	21	22	-	-	ADJ
faba-239	21	23	pandemic	pandemic	ADJ
faba-239	21	24	records	record	NOUN
faba-239	21	25	of	of	ADP
faba-239	21	26	february	february	PROPN
faba-239	21	27	2020	2020	NUM
faba-239	21	28	,	,	PUNCT
faba-239	21	29	and	and	CCONJ
faba-239	21	30	continued	continue	VERB
faba-239	21	31	further	far	ADV
faba-239	21	32	with	with	ADP
faba-239	21	33	their	their	PRON
faba-239	21	34	upward	upward	ADJ
faba-239	21	35	trend	trend	NOUN
faba-239	21	36	until	until	ADP
faba-239	21	37	the	the	DET
faba-239	21	38	end	end	NOUN
faba-239	21	39	of	of	ADP
faba-239	21	40	2021	2021	NUM
faba-239	21	41	.	.	PUNCT
faba-239	22	1	the	the	DET
faba-239	22	2	study	study	NOUN
faba-239	22	3	in	in	ADP
faba-239	22	4	2020	2020	NUM
faba-239	22	5	did	do	AUX
faba-239	22	6	not	not	PART
faba-239	22	7	quite	quite	ADV
faba-239	22	8	confirm	confirm	VERB
faba-239	22	9	the	the	DET
faba-239	22	10	validity	validity	NOUN
faba-239	22	11	of	of	ADP
faba-239	22	12	the	the	DET
faba-239	22	13	s&p	s&p	PROPN
faba-239	22	14	500	500	NUM
faba-239	22	15	levels	level	NOUN
faba-239	22	16	then	then	ADV
faba-239	22	17	.	.	PUNCT
faba-239	23	1	neither	neither	CCONJ
faba-239	23	2	the	the	DET
faba-239	23	3	growth	growth	NOUN
faba-239	23	4	rate	rate	NOUN
faba-239	23	5	of	of	ADP
faba-239	23	6	eps	eps	PROPN
faba-239	23	7	supported	support	VERB
faba-239	23	8	the	the	DET
faba-239	23	9	growth	growth	NOUN
faba-239	23	10	rate	rate	NOUN
faba-239	23	11	of	of	ADP
faba-239	23	12	prices	price	NOUN
faba-239	23	13	,	,	PUNCT
faba-239	23	14	nor	nor	CCONJ
faba-239	23	15	the	the	DET
faba-239	23	16	average	average	ADJ
faba-239	23	17	historical	historical	ADJ
faba-239	23	18	values	value	NOUN
faba-239	23	19	of	of	ADP
faba-239	23	20	the	the	DET
faba-239	23	21	“	"	PUNCT
faba-239	23	22	price	price	NOUN
faba-239	23	23	-	-	PUNCT
faba-239	23	24	to	to	ADP
faba-239	23	25	-	-	PUNCT
faba-239	23	26	earnings	earning	NOUN
faba-239	23	27	”	"	PUNCT
faba-239	23	28	(	(	PUNCT
faba-239	23	29	pe	pe	INTJ
faba-239	23	30	)	)	PUNCT
faba-239	23	31	and	and	CCONJ
faba-239	23	32	“	"	PUNCT
faba-239	23	33	price	price	NOUN
faba-239	23	34	-	-	PUNCT
faba-239	23	35	to	to	ADP
faba-239	23	36	-	-	PUNCT
faba-239	23	37	book	book	NOUN
faba-239	23	38	”	"	PUNCT
faba-239	23	39	(	(	PUNCT
faba-239	23	40	pbv	pbv	VERB
faba-239	23	41	)	)	PUNCT
faba-239	23	42	ratios	ratio	NOUN
faba-239	23	43	supported	support	VERB
faba-239	23	44	the	the	DET
faba-239	23	45	significantly	significantly	ADV
faba-239	23	46	higher	high	ADJ
faba-239	23	47	price	price	NOUN
faba-239	23	48	levels	level	NOUN
faba-239	23	49	of	of	ADP
faba-239	23	50	the	the	DET
faba-239	23	51	index	index	NOUN
faba-239	23	52	at	at	ADP
faba-239	23	53	that	that	DET
faba-239	23	54	time	time	NOUN
faba-239	23	55	(	(	PUNCT
faba-239	23	56	as	as	ADP
faba-239	23	57	of	of	ADP
faba-239	23	58	21	21	NUM
faba-239	23	59	august	august	PROPN
faba-239	23	60	,	,	PUNCT
faba-239	23	61	2020	2020	NUM
faba-239	23	62	)	)	PUNCT
faba-239	23	63	(	(	PUNCT
faba-239	23	64	nenkov	nenkov	PROPN
faba-239	23	65	2021a	2021a	NUM
faba-239	23	66	)	)	PUNCT
faba-239	23	67	.	.	PUNCT
faba-239	24	1	another	another	DET
faba-239	24	2	important	important	ADJ
faba-239	24	3	conclusion	conclusion	NOUN
faba-239	24	4	of	of	ADP
faba-239	24	5	the	the	DET
faba-239	24	6	previous	previous	ADJ
faba-239	24	7	study	study	NOUN
faba-239	24	8	was	be	AUX
faba-239	24	9	that	that	SCONJ
faba-239	24	10	the	the	DET
faba-239	24	11	so	so	ADV
faba-239	24	12	called	call	VERB
faba-239	24	13	“	"	PUNCT
faba-239	24	14	super	super	ADJ
faba-239	24	15	six	six	NUM
faba-239	24	16	”	"	PUNCT
faba-239	24	17	large	large	ADJ
faba-239	24	18	technology	technology	NOUN
faba-239	24	19	companies	company	NOUN
faba-239	24	20	of	of	ADP
faba-239	24	21	that	that	DET
faba-239	24	22	time	time	NOUN
faba-239	24	23	had	have	VERB
faba-239	24	24	an	an	DET
faba-239	24	25	extremely	extremely	ADV
faba-239	24	26	large	large	ADJ
faba-239	24	27	impact	impact	NOUN
faba-239	24	28	on	on	ADP
faba-239	24	29	the	the	DET
faba-239	24	30	overall	overall	ADJ
faba-239	24	31	performance	performance	NOUN
faba-239	24	32	of	of	ADP
faba-239	24	33	the	the	DET
faba-239	24	34	s&p	s&p	PROPN
faba-239	24	35	500	500	NUM
faba-239	24	36	.	.	PUNCT
faba-239	25	1	the	the	DET
faba-239	25	2	high	high	ADJ
faba-239	25	3	prices	price	NOUN
faba-239	25	4	of	of	ADP
faba-239	25	5	these	these	DET
faba-239	25	6	six	six	NUM
faba-239	25	7	technology	technology	NOUN
faba-239	25	8	giants	giant	NOUN
faba-239	25	9	were	be	AUX
faba-239	25	10	indeed	indeed	ADV
faba-239	25	11	the	the	DET
faba-239	25	12	most	most	ADV
faba-239	25	13	important	important	ADJ
faba-239	25	14	factor	factor	NOUN
faba-239	25	15	for	for	ADP
faba-239	25	16	the	the	DET
faba-239	25	17	impressive	impressive	ADJ
faba-239	25	18	rise	rise	NOUN
faba-239	25	19	of	of	ADP
faba-239	25	20	the	the	DET
faba-239	25	21	index	index	NOUN
faba-239	25	22	during	during	ADP
faba-239	25	23	the	the	DET
faba-239	25	24	pandemic	pandemic	NOUN
faba-239	25	25	of	of	ADP
faba-239	25	26	2020	2020	NUM
faba-239	25	27	and	and	CCONJ
faba-239	25	28	later	later	ADV
faba-239	25	29	on	on	ADV
faba-239	25	30	.	.	PUNCT
faba-239	26	1	the	the	DET
faba-239	26	2	“	"	PUNCT
faba-239	26	3	super	super	ADJ
faba-239	26	4	six	six	NUM
faba-239	26	5	”	"	PUNCT
faba-239	26	6	companies	company	NOUN
faba-239	26	7	were	be	AUX
faba-239	26	8	as	as	SCONJ
faba-239	26	9	follows	follow	VERB
faba-239	26	10	:	:	PUNCT
faba-239	26	11	facebook	facebook	NOUN
faba-239	26	12	,	,	PUNCT
faba-239	26	13	apple	apple	NOUN
faba-239	26	14	,	,	PUNCT
faba-239	26	15	amazon	amazon	NOUN
faba-239	26	16	,	,	PUNCT
faba-239	26	17	alphabet	alphabet	NOUN
faba-239	26	18	,	,	PUNCT
faba-239	26	19	netflix	netflix	PROPN
faba-239	26	20	and	and	CCONJ
faba-239	26	21	microsoft	microsoft	PROPN
faba-239	26	22	(	(	PUNCT
faba-239	26	23	faaanm	faaanm	ADJ
faba-239	26	24	or	or	CCONJ
faba-239	26	25	fangam	fangam	PRON
faba-239	26	26	)	)	PUNCT
faba-239	26	27	.	.	PUNCT
faba-239	27	1	the	the	DET
faba-239	27	2	analysis	analysis	NOUN
faba-239	27	3	of	of	ADP
faba-239	27	4	the	the	DET
faba-239	27	5	performance	performance	NOUN
faba-239	27	6	of	of	ADP
faba-239	27	7	the	the	DET
faba-239	27	8	six	six	NUM
faba-239	27	9	companies	company	NOUN
faba-239	27	10	showed	show	VERB
faba-239	27	11	that	that	SCONJ
faba-239	27	12	these	these	DET
faba-239	27	13	companies	company	NOUN
faba-239	27	14	had	have	VERB
faba-239	27	15	really	really	ADV
faba-239	27	16	impressive	impressive	ADJ
faba-239	27	17	indicators	indicator	NOUN
faba-239	27	18	for	for	ADP
faba-239	27	19	the	the	DET
faba-239	27	20	growth	growth	NOUN
faba-239	27	21	of	of	ADP
faba-239	27	22	eps	eps	PROPN
faba-239	27	23	and	and	CCONJ
faba-239	27	24	return	return	NOUN
faba-239	27	25	on	on	ADP
faba-239	27	26	equity	equity	NOUN
faba-239	27	27	(	(	PUNCT
faba-239	27	28	roe	roe	PROPN
faba-239	27	29	)	)	PUNCT
faba-239	27	30	.	.	PUNCT
faba-239	28	1	regardless	regardless	ADV
faba-239	28	2	of	of	ADP
faba-239	28	3	this	this	PRON
faba-239	28	4	,	,	PUNCT
faba-239	28	5	however	however	ADV
faba-239	28	6	,	,	PUNCT
faba-239	28	7	the	the	DET
faba-239	28	8	average	average	ADJ
faba-239	28	9	pe	pe	X
faba-239	28	10	and	and	CCONJ
faba-239	28	11	pbv	pbv	VERB
faba-239	28	12	ratios	ratio	NOUN
faba-239	28	13	for	for	ADP
faba-239	28	14	the	the	DET
faba-239	28	15	“	"	PUNCT
faba-239	28	16	super	super	ADJ
faba-239	28	17	six	six	NUM
faba-239	28	18	”	"	PUNCT
faba-239	28	19	as	as	ADP
faba-239	28	20	a	a	DET
faba-239	28	21	whole	whole	NOUN
faba-239	28	22	for	for	ADP
faba-239	28	23	the	the	DET
faba-239	28	24	period	period	NOUN
faba-239	28	25	2006	2006	NUM
faba-239	28	26	-	-	SYM
faba-239	28	27	2020	2020	NUM
faba-239	28	28	were	be	AUX
faba-239	28	29	defined	define	VERB
faba-239	28	30	as	as	ADP
faba-239	28	31	illogically	illogically	ADV
faba-239	28	32	high	high	ADJ
faba-239	28	33	for	for	ADP
faba-239	28	34	4	4	NUM
faba-239	28	35	of	of	ADP
faba-239	28	36	the	the	DET
faba-239	28	37	companies	company	NOUN
faba-239	28	38	and	and	CCONJ
faba-239	28	39	for	for	ADP
faba-239	28	40	the	the	DET
faba-239	28	41	group	group	NOUN
faba-239	28	42	as	as	ADP
faba-239	28	43	a	a	DET
faba-239	28	44	whole	whole	NOUN
faba-239	28	45	.	.	PUNCT
faba-239	29	1	the	the	DET
faba-239	29	2	current	current	ADJ
faba-239	29	3	pe	pe	X
faba-239	29	4	and	and	CCONJ
faba-239	29	5	pbv	pbv	VERB
faba-239	29	6	as	as	ADP
faba-239	29	7	of	of	ADP
faba-239	29	8	august	august	PROPN
faba-239	29	9	21	21	NUM
faba-239	29	10	,	,	PUNCT
faba-239	29	11	2020	2020	NUM
faba-239	29	12	were	be	AUX
faba-239	29	13	even	even	ADV
faba-239	29	14	higher	high	ADJ
faba-239	29	15	and	and	CCONJ
faba-239	29	16	illogical	illogical	ADJ
faba-239	29	17	.	.	PUNCT
faba-239	30	1	in	in	ADP
faba-239	30	2	other	other	ADJ
faba-239	30	3	words	word	NOUN
faba-239	30	4	,	,	PUNCT
faba-239	30	5	market	market	NOUN
faba-239	30	6	ratios	ratio	NOUN
faba-239	30	7	did	do	AUX
faba-239	30	8	not	not	PART
faba-239	30	9	support	support	VERB
faba-239	30	10	the	the	DET
faba-239	30	11	price	price	NOUN
faba-239	30	12	levels	level	NOUN
faba-239	30	13	of	of	ADP
faba-239	30	14	faaanm	faaanm	ADJ
faba-239	30	15	shares	share	NOUN
faba-239	30	16	as	as	ADP
faba-239	30	17	a	a	DET
faba-239	30	18	whole	whole	NOUN
faba-239	30	19	at	at	ADP
faba-239	30	20	that	that	DET
faba-239	30	21	time	time	NOUN
faba-239	30	22	(	(	PUNCT
faba-239	30	23	nenkov	nenkov	PROPN
faba-239	30	24	2021a	2021a	NUM
faba-239	30	25	)	)	PUNCT
faba-239	30	26	.	.	PUNCT
faba-239	31	1	the	the	DET
faba-239	31	2	above	above	ADJ
faba-239	31	3	conclusions	conclusion	NOUN
faba-239	31	4	are	be	AUX
faba-239	31	5	another	another	DET
faba-239	31	6	reason	reason	NOUN
faba-239	31	7	to	to	PART
faba-239	31	8	thoroughly	thoroughly	ADV
faba-239	31	9	research	research	VERB
faba-239	31	10	current	current	ADJ
faba-239	31	11	s&p	s&p	PROPN
faba-239	31	12	500	500	NUM
faba-239	31	13	levels	level	NOUN
faba-239	31	14	and	and	CCONJ
faba-239	31	15	the	the	DET
faba-239	31	16	impact	impact	NOUN
faba-239	31	17	of	of	ADP
faba-239	31	18	the	the	DET
faba-239	31	19	large	large	ADJ
faba-239	31	20	technology	technology	NOUN
faba-239	31	21	stocks	stock	NOUN
faba-239	31	22	on	on	ADP
faba-239	31	23	the	the	DET
faba-239	31	24	index	index	NOUN
faba-239	31	25	in	in	ADP
faba-239	31	26	2024	2024	NUM
faba-239	31	27	.	.	PUNCT
faba-239	32	1	this	this	PRON
faba-239	32	2	must	must	AUX
faba-239	32	3	include	include	VERB
faba-239	32	4	also	also	ADV
faba-239	32	5	a	a	DET
faba-239	32	6	research	research	NOUN
faba-239	32	7	of	of	ADP
faba-239	32	8	the	the	DET
faba-239	32	9	validity	validity	NOUN
faba-239	32	10	of	of	ADP
faba-239	32	11	price	price	NOUN
faba-239	32	12	levels	level	NOUN
faba-239	32	13	of	of	ADP
faba-239	32	14	us	us	PROPN
faba-239	32	15	indices	indice	VERB
faba-239	32	16	in	in	ADP
faba-239	32	17	the	the	DET
faba-239	32	18	longer	long	ADJ
faba-239	32	19	term	term	NOUN
faba-239	32	20	.	.	PUNCT
faba-239	33	1	these	these	DET
faba-239	33	2	issues	issue	NOUN
faba-239	33	3	have	have	AUX
faba-239	33	4	been	be	AUX
faba-239	33	5	relevant	relevant	ADJ
faba-239	33	6	throughout	throughout	ADP
faba-239	33	7	the	the	DET
faba-239	33	8	period	period	NOUN
faba-239	33	9	since	since	SCONJ
faba-239	33	10	the	the	DET
faba-239	33	11	global	global	ADJ
faba-239	33	12	financial	financial	ADJ
faba-239	33	13	crisis	crisis	NOUN
faba-239	33	14	(	(	PUNCT
faba-239	33	15	blodget	blodget	NOUN
faba-239	33	16	2011	2011	NUM
faba-239	33	17	)	)	PUNCT
faba-239	33	18	.	.	PUNCT
faba-239	34	1	according	accord	VERB
faba-239	34	2	to	to	ADP
faba-239	34	3	robert	robert	PROPN
faba-239	34	4	shiller	shiller	PROPN
faba-239	34	5	,	,	PUNCT
faba-239	34	6	during	during	ADP
faba-239	34	7	this	this	DET
faba-239	34	8	period	period	NOUN
faba-239	34	9	there	there	PRON
faba-239	34	10	have	have	AUX
faba-239	34	11	been	be	AUX
faba-239	34	12	indications	indication	NOUN
faba-239	34	13	that	that	SCONJ
faba-239	34	14	some	some	DET
faba-239	34	15	stock	stock	NOUN
faba-239	34	16	markets	market	NOUN
faba-239	34	17	,	,	PUNCT
faba-239	34	18	most	most	ADV
faba-239	34	19	notably	notably	ADV
faba-239	34	20	the	the	DET
faba-239	34	21	us	us	PROPN
faba-239	34	22	,	,	PUNCT
faba-239	34	23	were	be	AUX
faba-239	34	24	growing	grow	VERB
faba-239	34	25	at	at	ADP
faba-239	34	26	a	a	DET
faba-239	34	27	higher	high	ADJ
faba-239	34	28	speed	speed	NOUN
faba-239	34	29	,	,	PUNCT
faba-239	34	30	while	while	SCONJ
faba-239	34	31	the	the	DET
faba-239	34	32	global	global	ADJ
faba-239	34	33	economic	economic	ADJ
faba-239	34	34	recovery	recovery	NOUN
faba-239	34	35	was	be	AUX
faba-239	34	36	slower	slow	ADJ
faba-239	34	37	(	(	PUNCT
faba-239	34	38	shiller	shiller	PROPN
faba-239	34	39	2014	2014	NUM
faba-239	34	40	)	)	PUNCT
faba-239	34	41	.	.	PUNCT
faba-239	35	1	thus	thus	ADV
faba-239	35	2	,	,	PUNCT
faba-239	35	3	for	for	ADP
faba-239	35	4	most	most	ADJ
faba-239	35	5	of	of	ADP
faba-239	35	6	the	the	DET
faba-239	35	7	last	last	ADJ
faba-239	35	8	decade	decade	NOUN
faba-239	35	9	,	,	PUNCT
faba-239	35	10	there	there	PRON
faba-239	35	11	has	have	AUX
faba-239	35	12	been	be	AUX
faba-239	35	13	an	an	DET
faba-239	35	14	intense	intense	ADJ
faba-239	35	15	debate	debate	NOUN
faba-239	35	16	about	about	ADP
faba-239	35	17	the	the	DET
faba-239	35	18	validity	validity	NOUN
faba-239	35	19	of	of	ADP
faba-239	35	20	high	high	ADJ
faba-239	35	21	levels	level	NOUN
faba-239	35	22	of	of	ADP
faba-239	35	23	many	many	ADJ
faba-239	35	24	stock	stock	NOUN
faba-239	35	25	market	market	NOUN
faba-239	35	26	indices	index	NOUN
faba-239	35	27	(	(	PUNCT
faba-239	35	28	nenkov	nenkov	PROPN
faba-239	35	29	2017	2017	NUM
faba-239	35	30	;	;	PUNCT
faba-239	35	31	2018	2018	NUM
faba-239	35	32	)	)	PUNCT
faba-239	35	33	.	.	PUNCT
faba-239	36	1	the	the	DET
faba-239	36	2	purpose	purpose	NOUN
faba-239	36	3	of	of	ADP
faba-239	36	4	this	this	DET
faba-239	36	5	research	research	NOUN
faba-239	36	6	is	be	AUX
faba-239	36	7	to	to	PART
faba-239	36	8	examine	examine	VERB
faba-239	36	9	how	how	SCONJ
faba-239	36	10	far	far	ADV
faba-239	36	11	the	the	DET
faba-239	36	12	current	current	ADJ
faba-239	36	13	price	price	NOUN
faba-239	36	14	levels	level	NOUN
faba-239	36	15	of	of	ADP
faba-239	36	16	the	the	DET
faba-239	36	17	s&p	s&p	PROPN
faba-239	36	18	500	500	NUM
faba-239	36	19	as	as	ADP
faba-239	36	20	a	a	DET
faba-239	36	21	whole	whole	NOUN
faba-239	36	22	and	and	CCONJ
faba-239	36	23	of	of	ADP
faba-239	36	24	the	the	DET
faba-239	36	25	largest	large	ADJ
faba-239	36	26	technology	technology	NOUN
faba-239	36	27	stocks	stock	NOUN
faba-239	36	28	are	be	AUX
faba-239	36	29	justified	justify	VERB
faba-239	36	30	against	against	ADP
faba-239	36	31	the	the	DET
faba-239	36	32	backdrop	backdrop	NOUN
faba-239	36	33	of	of	ADP
faba-239	36	34	their	their	PRON
faba-239	36	35	fundamentals	fundamental	NOUN
faba-239	36	36	.	.	PUNCT
faba-239	37	1	the	the	DET
faba-239	37	2	object	object	NOUN
faba-239	37	3	of	of	ADP
faba-239	37	4	the	the	DET
faba-239	37	5	study	study	NOUN
faba-239	37	6	is	be	AUX
faba-239	37	7	the	the	DET
faba-239	37	8	level	level	NOUN
faba-239	37	9	and	and	CCONJ
faba-239	37	10	dynamics	dynamic	NOUN
faba-239	37	11	of	of	ADP
faba-239	37	12	the	the	DET
faba-239	37	13	s&p	s&p	PROPN
faba-239	37	14	500	500	NUM
faba-239	37	15	,	,	PUNCT
faba-239	37	16	as	as	ADV
faba-239	37	17	well	well	ADV
faba-239	37	18	as	as	ADP
faba-239	37	19	the	the	DET
faba-239	37	20	price	price	NOUN
faba-239	37	21	levels	level	NOUN
faba-239	37	22	of	of	ADP
faba-239	37	23	the	the	DET
faba-239	37	24	large	large	ADJ
faba-239	37	25	technology	technology	NOUN
faba-239	37	26	stocks	stock	NOUN
faba-239	37	27	in	in	ADP
faba-239	37	28	the	the	DET
faba-239	37	29	index	index	NOUN
faba-239	37	30	.	.	PUNCT
faba-239	38	1	the	the	DET
faba-239	38	2	subject	subject	NOUN
faba-239	38	3	of	of	ADP
faba-239	38	4	the	the	DET
faba-239	38	5	research	research	NOUN
faba-239	38	6	are	be	AUX
faba-239	38	7	the	the	DET
faba-239	38	8	fundamental	fundamental	ADJ
faba-239	38	9	indicators	indicator	NOUN
faba-239	38	10	,	,	PUNCT
faba-239	38	11	relevant	relevant	ADJ
faba-239	38	12	to	to	ADP
faba-239	38	13	the	the	DET
faba-239	38	14	value	value	NOUN
faba-239	38	15	of	of	ADP
faba-239	38	16	the	the	DET
faba-239	38	17	index	index	NOUN
faba-239	38	18	and	and	CCONJ
faba-239	38	19	of	of	ADP
faba-239	38	20	the	the	DET
faba-239	38	21	group	group	NOUN
faba-239	38	22	of	of	ADP
faba-239	38	23	large	large	ADJ
faba-239	38	24	technology	technology	NOUN
faba-239	38	25	stocks	stock	NOUN
faba-239	38	26	.	.	PUNCT
faba-239	39	1	large	large	ADJ
faba-239	39	2	technology	technology	NOUN
faba-239	39	3	stocks	stock	NOUN
faba-239	39	4	are	be	AUX
faba-239	39	5	now	now	ADV
faba-239	39	6	presented	present	VERB
faba-239	39	7	by	by	ADP
faba-239	39	8	the	the	DET
faba-239	39	9	so	so	ADV
faba-239	39	10	called	call	VERB
faba-239	39	11	“	"	PUNCT
faba-239	39	12	magnificent	magnificent	ADJ
faba-239	39	13	seven	seven	NUM
faba-239	39	14	”	"	PUNCT
faba-239	39	15	,	,	PUNCT
faba-239	39	16	including	include	VERB
faba-239	39	17	:	:	PUNCT
faba-239	39	18	apple	apple	PROPN
faba-239	39	19	(	(	PUNCT
faba-239	39	20	aapl	aapl	PROPN
faba-239	39	21	)	)	PUNCT
faba-239	39	22	,	,	PUNCT
faba-239	39	23	amazon	amazon	NOUN
faba-239	39	24	(	(	PUNCT
faba-239	39	25	amzn	amzn	PROPN
faba-239	39	26	)	)	PUNCT
faba-239	39	27	,	,	PUNCT
faba-239	39	28	microsoft	microsoft	PROPN
faba-239	39	29	(	(	PUNCT
faba-239	39	30	msft	msft	PROPN
faba-239	39	31	)	)	PUNCT
faba-239	39	32	,	,	PUNCT
faba-239	39	33	alphabet	alphabet	NOUN
faba-239	39	34	(	(	PUNCT
faba-239	39	35	googl	googl	PROPN
faba-239	39	36	;	;	PUNCT
faba-239	39	37	goog	goog	PROPN
faba-239	39	38	)	)	PUNCT
faba-239	39	39	,	,	PUNCT
faba-239	39	40	meta	meta	PROPN
faba-239	39	41	platforms	platform	NOUN
faba-239	39	42	(	(	PUNCT
faba-239	39	43	meta	meta	X
faba-239	39	44	)	)	PUNCT
faba-239	39	45	,	,	PUNCT
faba-239	39	46	nvidia	nvidia	PROPN
faba-239	39	47	(	(	PUNCT
faba-239	39	48	nvda	nvda	PROPN
faba-239	39	49	)	)	PUNCT
faba-239	39	50	tesla	tesla	PROPN
faba-239	39	51	(	(	PUNCT
faba-239	39	52	tsla	tsla	PROPN
faba-239	39	53	)	)	PUNCT
faba-239	39	54	.	.	PUNCT
faba-239	40	1	they	they	PRON
faba-239	40	2	are	be	AUX
faba-239	40	3	essentially	essentially	ADV
faba-239	40	4	the	the	DET
faba-239	40	5	previous	previous	ADJ
faba-239	40	6	“	"	PUNCT
faba-239	40	7	super	super	ADJ
faba-239	40	8	six	six	NUM
faba-239	40	9	”	"	PUNCT
faba-239	40	10	,	,	PUNCT
faba-239	40	11	but	but	CCONJ
faba-239	40	12	without	without	ADP
faba-239	40	13	netflix	netflix	NOUN
faba-239	40	14	,	,	PUNCT
faba-239	40	15	and	and	CCONJ
faba-239	40	16	with	with	ADP
faba-239	40	17	added	add	VERB
faba-239	40	18	nvidia	nvidia	PROPN
faba-239	40	19	and	and	CCONJ
faba-239	40	20	tesla	tesla	PROPN
faba-239	40	21	.	.	PUNCT
faba-239	41	1	the	the	DET
faba-239	41	2	main	main	ADJ
faba-239	41	3	hypothesis	hypothesis	NOUN
faba-239	41	4	is	be	AUX
faba-239	41	5	that	that	SCONJ
faba-239	41	6	“	"	PUNCT
faba-239	41	7	the	the	DET
faba-239	41	8	magnificent	magnificent	ADJ
faba-239	41	9	seven	seven	NUM
faba-239	41	10	”	"	PUNCT
faba-239	41	11	above	above	ADV
faba-239	41	12	explain	explain	VERB
faba-239	41	13	indeed	indeed	ADV
faba-239	41	14	the	the	DET
faba-239	41	15	high	high	ADJ
faba-239	41	16	current	current	ADJ
faba-239	41	17	levels	level	NOUN
faba-239	41	18	of	of	ADP
faba-239	41	19	the	the	DET
faba-239	41	20	s&p	s&p	PROPN
faba-239	41	21	500	500	NUM
faba-239	41	22	,	,	PUNCT
faba-239	41	23	but	but	CCONJ
faba-239	41	24	at	at	ADP
faba-239	41	25	the	the	DET
faba-239	41	26	same	same	ADJ
faba-239	41	27	time	time	NOUN
faba-239	41	28	fundamentals	fundamental	NOUN
faba-239	41	29	do	do	AUX
faba-239	41	30	not	not	PART
faba-239	41	31	support	support	VERB
faba-239	41	32	the	the	DET
faba-239	41	33	high	high	ADJ
faba-239	41	34	stock	stock	NOUN
faba-239	41	35	prices	price	NOUN
faba-239	41	36	of	of	ADP
faba-239	41	37	the	the	DET
faba-239	41	38	companies	company	NOUN
faba-239	41	39	in	in	ADP
faba-239	41	40	the	the	DET
faba-239	41	41	group	group	NOUN
faba-239	41	42	of	of	ADP
faba-239	41	43	“	"	PUNCT
faba-239	41	44	the	the	DET
faba-239	41	45	magnificent	magnificent	ADJ
faba-239	41	46	seven	seven	NUM
faba-239	41	47	”	"	PUNCT
faba-239	41	48	.	.	PUNCT
faba-239	42	1	the	the	DET
faba-239	42	2	motives	motive	NOUN
faba-239	42	3	to	to	PART
faba-239	42	4	focus	focus	VERB
faba-239	42	5	the	the	DET
faba-239	42	6	analysis	analysis	NOUN
faba-239	42	7	on	on	ADP
faba-239	42	8	the	the	DET
faba-239	42	9	s&p	s&p	PROPN
faba-239	42	10	500	500	NUM
faba-239	42	11	among	among	ADP
faba-239	42	12	so	so	ADV
faba-239	42	13	many	many	ADJ
faba-239	42	14	stock	stock	NOUN
faba-239	42	15	indexes	index	NOUN
faba-239	42	16	are	be	AUX
faba-239	42	17	as	as	SCONJ
faba-239	42	18	follows	follow	VERB
faba-239	42	19	:	:	PUNCT
faba-239	42	20	for	for	ADP
faba-239	42	21	most	most	ADJ
faba-239	42	22	of	of	ADP
faba-239	42	23	the	the	DET
faba-239	42	24	period	period	NOUN
faba-239	42	25	from	from	ADP
faba-239	42	26	the	the	DET
faba-239	42	27	beginning	beginning	NOUN
faba-239	42	28	of	of	ADP
faba-239	42	29	this	this	DET
faba-239	42	30	century	century	NOUN
faba-239	42	31	until	until	ADP
faba-239	42	32	now	now	ADV
faba-239	42	33	,	,	PUNCT
faba-239	42	34	the	the	DET
faba-239	42	35	us	us	PROPN
faba-239	42	36	market	market	NOUN
faba-239	42	37	has	have	AUX
faba-239	42	38	been	be	AUX
faba-239	42	39	the	the	DET
faba-239	42	40	one	one	NOUN
faba-239	42	41	that	that	PRON
faba-239	42	42	recorded	record	VERB
faba-239	42	43	the	the	DET
faba-239	42	44	most	most	ADV
faba-239	42	45	remarkable	remarkable	ADJ
faba-239	42	46	price	price	NOUN
faba-239	42	47	records	record	NOUN
faba-239	42	48	.	.	PUNCT
faba-239	43	1	in	in	ADP
faba-239	43	2	principle	principle	NOUN
faba-239	43	3	,	,	PUNCT
faba-239	43	4	s&p	s&p	PROPN
faba-239	43	5	500	500	NUM
faba-239	43	6	is	be	AUX
faba-239	43	7	one	one	NUM
faba-239	43	8	of	of	ADP
faba-239	43	9	the	the	DET
faba-239	43	10	most	most	ADV
faba-239	43	11	widely	widely	ADV
faba-239	43	12	monitored	monitor	VERB
faba-239	43	13	indices	index	NOUN
faba-239	43	14	in	in	ADP
faba-239	43	15	the	the	DET
faba-239	43	16	world	world	NOUN
faba-239	43	17	.	.	PUNCT
faba-239	44	1	it	it	PRON
faba-239	44	2	is	be	AUX
faba-239	44	3	a	a	DET
faba-239	44	4	very	very	ADV
faba-239	44	5	broad	broad	ADJ
faba-239	44	6	index	index	NOUN
faba-239	44	7	,	,	PUNCT
faba-239	44	8	including	include	VERB
faba-239	44	9	500	500	NUM
faba-239	44	10	large	large	ADJ
faba-239	44	11	public	public	ADJ
faba-239	44	12	companies	company	NOUN
faba-239	44	13	(	(	PUNCT
faba-239	44	14	503	503	NUM
faba-239	44	15	constituents	constituent	NOUN
faba-239	44	16	currently	currently	ADV
faba-239	44	17	)	)	PUNCT
faba-239	44	18	in	in	ADP
faba-239	44	19	the	the	DET
faba-239	44	20	us	us	PROPN
faba-239	44	21	,	,	PUNCT
faba-239	44	22	traded	trade	VERB
faba-239	44	23	on	on	ADP
faba-239	44	24	us	us	PROPN
faba-239	44	25	stock	stock	NOUN
faba-239	44	26	exchanges	exchange	NOUN
faba-239	44	27	(	(	PUNCT
faba-239	44	28	nyse	nyse	PROPN
faba-239	44	29	,	,	PUNCT
faba-239	44	30	nasdaq	nasdaq	PROPN
faba-239	44	31	,	,	PUNCT
faba-239	44	32	cboe	cboe	PROPN
faba-239	44	33	bzx	bzx	PROPN
faba-239	44	34	exchange	exchange	PROPN
faba-239	44	35	)	)	PUNCT
faba-239	44	36	and	and	CCONJ
faba-239	44	37	according	accord	VERB
faba-239	44	38	to	to	ADP
faba-239	44	39	many	many	ADJ
faba-239	44	40	experts	expert	NOUN
faba-239	44	41	is	be	AUX
faba-239	44	42	the	the	DET
faba-239	44	43	most	most	ADV
faba-239	44	44	representative	representative	NOUN
faba-239	44	45	of	of	ADP
faba-239	44	46	the	the	DET
faba-239	44	47	us	us	PROPN
faba-239	44	48	stock	stock	NOUN
faba-239	44	49	market	market	NOUN
faba-239	44	50	as	as	ADP
faba-239	44	51	a	a	DET
faba-239	44	52	whole	whole	NOUN
faba-239	44	53	.	.	PUNCT
faba-239	45	1	it	it	PRON
faba-239	45	2	is	be	AUX
faba-239	45	3	considered	consider	VERB
faba-239	45	4	that	that	SCONJ
faba-239	45	5	its	its	PRON
faba-239	45	6	structure	structure	NOUN
faba-239	45	7	by	by	ADP
faba-239	45	8	sectors	sector	NOUN
faba-239	45	9	and	and	CCONJ
faba-239	45	10	industries	industry	NOUN
faba-239	45	11	replicates	replicate	VERB
faba-239	45	12	the	the	DET
faba-239	45	13	structure	structure	NOUN
faba-239	45	14	of	of	ADP
faba-239	45	15	the	the	DET
faba-239	45	16	us	us	PROPN
faba-239	45	17	economy	economy	NOUN
faba-239	45	18	as	as	ADP
faba-239	45	19	a	a	DET
faba-239	45	20	whole	whole	NOUN
faba-239	45	21	;	;	PUNCT
faba-239	45	22	dimiter	dimiter	NOUN
faba-239	45	23	nenkov	nenkov	PROPN
faba-239	45	24	/	/	SYM
faba-239	45	25	finance	finance	NOUN
faba-239	45	26	,	,	PUNCT
faba-239	45	27	accounting	accounting	NOUN
faba-239	45	28	and	and	CCONJ
faba-239	45	29	business	business	NOUN
faba-239	45	30	analysis	analysis	NOUN
faba-239	45	31	,	,	PUNCT
faba-239	45	32	volume	volume	NOUN
faba-239	45	33	6	6	NUM
faba-239	45	34	,	,	PUNCT
faba-239	45	35	issue	issue	NOUN
faba-239	45	36	2	2	NUM
faba-239	45	37	,	,	PUNCT
faba-239	45	38	2024	2024	NUM
faba-239	45	39	182	182	NUM
faba-239	45	40	the	the	DET
faba-239	45	41	s&p	s&p	PROPN
faba-239	45	42	500	500	NUM
faba-239	45	43	is	be	AUX
faba-239	45	44	also	also	ADV
faba-239	45	45	highly	highly	ADV
faba-239	45	46	representative	representative	ADJ
faba-239	45	47	of	of	ADP
faba-239	45	48	the	the	DET
faba-239	45	49	global	global	ADJ
faba-239	45	50	stock	stock	NOUN
faba-239	45	51	market	market	NOUN
faba-239	45	52	,	,	PUNCT
faba-239	45	53	as	as	SCONJ
faba-239	45	54	it	it	PRON
faba-239	45	55	represents	represent	VERB
faba-239	45	56	over	over	ADP
faba-239	45	57	30	30	NUM
faba-239	45	58	%	%	NOUN
faba-239	45	59	of	of	ADP
faba-239	45	60	the	the	DET
faba-239	45	61	market	market	NOUN
faba-239	45	62	capitalization	capitalization	NOUN
faba-239	45	63	of	of	ADP
faba-239	45	64	all	all	DET
faba-239	45	65	public	public	ADJ
faba-239	45	66	companies	company	NOUN
faba-239	45	67	in	in	ADP
faba-239	45	68	the	the	DET
faba-239	45	69	world	world	NOUN
faba-239	45	70	.	.	PUNCT
faba-239	46	1	the	the	DET
faba-239	46	2	total	total	ADJ
faba-239	46	3	market	market	NOUN
faba-239	46	4	capitalization	capitalization	NOUN
faba-239	46	5	of	of	ADP
faba-239	46	6	the	the	DET
faba-239	46	7	s&p	s&p	PROPN
faba-239	46	8	500	500	NUM
faba-239	46	9	is	be	AUX
faba-239	46	10	about	about	ADV
faba-239	46	11	75	75	NUM
faba-239	46	12	%	%	NOUN
faba-239	46	13	of	of	ADP
faba-239	46	14	the	the	DET
faba-239	46	15	total	total	ADJ
faba-239	46	16	market	market	NOUN
faba-239	46	17	capitalization	capitalization	NOUN
faba-239	46	18	in	in	ADP
faba-239	46	19	the	the	DET
faba-239	46	20	united	united	PROPN
faba-239	46	21	states	states	PROPN
faba-239	46	22	(	(	PUNCT
faba-239	46	23	data	datum	NOUN
faba-239	46	24	sources	source	NOUN
faba-239	46	25	are	be	AUX
faba-239	46	26	pointed	point	VERB
faba-239	46	27	out	out	ADP
faba-239	46	28	in	in	ADP
faba-239	46	29	references	reference	NOUN
faba-239	46	30	)	)	PUNCT
faba-239	46	31	.	.	PUNCT
faba-239	47	1	dynamics	dynamic	NOUN
faba-239	47	2	of	of	ADP
faba-239	47	3	the	the	DET
faba-239	47	4	s&p	s&p	PROPN
faba-239	47	5	500	500	NUM
faba-239	47	6	index	index	NOUN
faba-239	47	7	in	in	ADP
faba-239	47	8	the	the	DET
faba-239	47	9	period	period	NOUN
faba-239	47	10	1999	1999	NUM
faba-239	47	11	-	-	SYM
faba-239	47	12	2024	2024	NUM
faba-239	47	13	and	and	CCONJ
faba-239	47	14	the	the	DET
faba-239	47	15	impact	impact	NOUN
faba-239	47	16	of	of	ADP
faba-239	47	17	“	"	PUNCT
faba-239	47	18	the	the	DET
faba-239	47	19	magnificent	magnificent	ADJ
faba-239	47	20	seven	seven	NUM
faba-239	47	21	”	"	PUNCT
faba-239	47	22	since	since	SCONJ
faba-239	47	23	the	the	DET
faba-239	47	24	beginning	beginning	NOUN
faba-239	47	25	of	of	ADP
faba-239	47	26	this	this	DET
faba-239	47	27	century	century	NOUN
faba-239	47	28	,	,	PUNCT
faba-239	47	29	the	the	DET
faba-239	47	30	stock	stock	NOUN
faba-239	47	31	markets	market	NOUN
faba-239	47	32	have	have	AUX
faba-239	47	33	gone	go	VERB
faba-239	47	34	through	through	ADP
faba-239	47	35	many	many	ADJ
faba-239	47	36	dramatic	dramatic	ADJ
faba-239	47	37	events	event	NOUN
faba-239	47	38	and	and	CCONJ
faba-239	47	39	developments	development	NOUN
faba-239	47	40	.	.	PUNCT
faba-239	48	1	figure	figure	NOUN
faba-239	48	2	1	1	NUM
faba-239	48	3	shows	show	VERB
faba-239	48	4	the	the	DET
faba-239	48	5	dynamics	dynamic	NOUN
faba-239	48	6	of	of	ADP
faba-239	48	7	the	the	DET
faba-239	48	8	s&p	s&p	PROPN
faba-239	48	9	500	500	NUM
faba-239	48	10	index	index	NOUN
faba-239	48	11	in	in	ADP
faba-239	48	12	the	the	DET
faba-239	48	13	period	period	NOUN
faba-239	48	14	january	january	PROPN
faba-239	48	15	1	1	NUM
faba-239	48	16	,	,	PUNCT
faba-239	48	17	2000	2000	NUM
faba-239	48	18	–	–	PUNCT
faba-239	48	19	september	september	PROPN
faba-239	48	20	1	1	NUM
faba-239	48	21	,	,	PUNCT
faba-239	48	22	2024	2024	NUM
faba-239	48	23	.	.	PUNCT
faba-239	49	1	the	the	DET
faba-239	49	2	values	value	NOUN
faba-239	49	3	included	include	VERB
faba-239	49	4	in	in	ADP
faba-239	49	5	the	the	DET
faba-239	49	6	chart	chart	NOUN
faba-239	49	7	are	be	AUX
faba-239	49	8	at	at	ADP
faba-239	49	9	the	the	DET
faba-239	49	10	beginning	beginning	NOUN
faba-239	49	11	of	of	ADP
faba-239	49	12	each	each	DET
faba-239	49	13	month	month	NOUN
faba-239	49	14	.	.	PUNCT
faba-239	50	1	the	the	DET
faba-239	50	2	graph	graph	NOUN
faba-239	50	3	outlines	outline	VERB
faba-239	50	4	very	very	ADV
faba-239	50	5	well	well	ADV
faba-239	50	6	the	the	DET
faba-239	50	7	most	most	ADV
faba-239	50	8	significant	significant	ADJ
faba-239	50	9	peaks	peak	NOUN
faba-239	50	10	and	and	CCONJ
faba-239	50	11	falls	fall	NOUN
faba-239	50	12	of	of	ADP
faba-239	50	13	the	the	DET
faba-239	50	14	index	index	NOUN
faba-239	50	15	since	since	SCONJ
faba-239	50	16	the	the	DET
faba-239	50	17	beginning	beginning	NOUN
faba-239	50	18	of	of	ADP
faba-239	50	19	this	this	DET
faba-239	50	20	century	century	NOUN
faba-239	50	21	.	.	PUNCT
faba-239	51	1	the	the	DET
faba-239	51	2	first	first	ADJ
faba-239	51	3	peak	peak	NOUN
faba-239	51	4	is	be	AUX
faba-239	51	5	in	in	ADP
faba-239	51	6	the	the	DET
faba-239	51	7	beginning	beginning	NOUN
faba-239	51	8	of	of	ADP
faba-239	51	9	2000	2000	NUM
faba-239	51	10	,	,	PUNCT
faba-239	51	11	the	the	DET
faba-239	51	12	next	next	ADJ
faba-239	51	13	one	one	NUM
faba-239	51	14	in	in	ADP
faba-239	51	15	october	october	PROPN
faba-239	51	16	2007	2007	NUM
faba-239	51	17	,	,	PUNCT
faba-239	51	18	then	then	ADV
faba-239	51	19	in	in	ADP
faba-239	51	20	2015	2015	NUM
faba-239	51	21	,	,	PUNCT
faba-239	51	22	and	and	CCONJ
faba-239	51	23	2018	2018	NUM
faba-239	51	24	,	,	PUNCT
faba-239	51	25	february	february	PROPN
faba-239	51	26	2020	2020	NUM
faba-239	51	27	,	,	PUNCT
faba-239	51	28	january	january	PROPN
faba-239	51	29	2022	2022	NUM
faba-239	51	30	.	.	PUNCT
faba-239	52	1	the	the	DET
faba-239	52	2	highest	high	ADJ
faba-239	52	3	value	value	NOUN
faba-239	52	4	of	of	ADP
faba-239	52	5	5	5	NUM
faba-239	52	6	528.93	528.93	NUM
faba-239	52	7	is	be	AUX
faba-239	52	8	at	at	ADP
faba-239	52	9	the	the	DET
faba-239	52	10	very	very	ADJ
faba-239	52	11	end	end	NOUN
faba-239	52	12	of	of	ADP
faba-239	52	13	the	the	DET
faba-239	52	14	period	period	NOUN
faba-239	52	15	–	–	PUNCT
faba-239	52	16	on	on	ADP
faba-239	52	17	september	september	PROPN
faba-239	52	18	1	1	NUM
faba-239	52	19	,	,	PUNCT
faba-239	52	20	2024	2024	NUM
faba-239	52	21	.	.	PUNCT
faba-239	53	1	the	the	DET
faba-239	53	2	significant	significant	ADJ
faba-239	53	3	declines	decline	NOUN
faba-239	53	4	are	be	AUX
faba-239	53	5	respectively	respectively	ADV
faba-239	53	6	in	in	ADP
faba-239	53	7	2002	2002	NUM
faba-239	53	8	-	-	SYM
faba-239	53	9	2003	2003	NUM
faba-239	53	10	,	,	PUNCT
faba-239	53	11	march	march	PROPN
faba-239	53	12	2009	2009	NUM
faba-239	53	13	,	,	PUNCT
faba-239	53	14	the	the	DET
faba-239	53	15	beginning	beginning	NOUN
faba-239	53	16	of	of	ADP
faba-239	53	17	2016	2016	NUM
faba-239	53	18	,	,	PUNCT
faba-239	53	19	december	december	PROPN
faba-239	53	20	2018	2018	NUM
faba-239	53	21	,	,	PUNCT
faba-239	53	22	march	march	PROPN
faba-239	53	23	2020	2020	NUM
faba-239	53	24	,	,	PUNCT
faba-239	53	25	septemberoctober	septemberoctober	NOUN
faba-239	53	26	2022	2022	NUM
faba-239	53	27	.	.	PUNCT
faba-239	54	1	very	very	ADV
faba-239	54	2	impressive	impressive	ADJ
faba-239	54	3	is	be	AUX
faba-239	54	4	the	the	DET
faba-239	54	5	increase	increase	NOUN
faba-239	54	6	of	of	ADP
faba-239	54	7	the	the	DET
faba-239	54	8	index	index	NOUN
faba-239	54	9	during	during	ADP
faba-239	54	10	the	the	DET
faba-239	54	11	latest	late	ADJ
faba-239	54	12	two	two	NUM
faba-239	54	13	-	-	PUNCT
faba-239	54	14	year	year	NOUN
faba-239	54	15	period	period	NOUN
faba-239	54	16	:	:	PUNCT
faba-239	54	17	from	from	ADP
faba-239	54	18	3	3	NUM
faba-239	54	19	850.52	850.52	NUM
faba-239	54	20	on	on	ADP
faba-239	54	21	september	september	PROPN
faba-239	54	22	1	1	NUM
faba-239	54	23	,	,	PUNCT
faba-239	54	24	2022	2022	NUM
faba-239	54	25	,	,	PUNCT
faba-239	54	26	up	up	ADP
faba-239	54	27	to	to	PART
faba-239	54	28	5	5	NUM
faba-239	54	29	528.93	528.93	NUM
faba-239	54	30	points	point	NOUN
faba-239	54	31	,	,	PUNCT
faba-239	54	32	or	or	CCONJ
faba-239	54	33	+	+	NUM
faba-239	54	34	30.36	30.36	NUM
faba-239	54	35	%	%	NOUN
faba-239	54	36	.	.	PUNCT
faba-239	55	1	respectively	respectively	ADV
faba-239	55	2	,	,	PUNCT
faba-239	55	3	the	the	DET
faba-239	55	4	rise	rise	NOUN
faba-239	55	5	from	from	ADP
faba-239	55	6	the	the	DET
faba-239	55	7	covid-19	covid-19	PROPN
faba-239	55	8	fall	fall	NOUN
faba-239	55	9	of	of	ADP
faba-239	55	10	2652.39	2652.39	NUM
faba-239	55	11	in	in	ADP
faba-239	55	12	march	march	PROPN
faba-239	55	13	2020	2020	NUM
faba-239	55	14	,	,	PUNCT
faba-239	55	15	is	be	AUX
faba-239	55	16	+52.03	+52.03	ADJ
faba-239	55	17	%	%	NOUN
faba-239	55	18	source	source	NOUN
faba-239	55	19	:	:	PUNCT
faba-239	55	20	figure	figure	NOUN
faba-239	55	21	developed	develop	VERB
faba-239	55	22	by	by	ADP
faba-239	55	23	the	the	DET
faba-239	55	24	author	author	NOUN
faba-239	55	25	.	.	PUNCT
faba-239	56	1	https://www.multpl.com/s-p-500-historical-prices	https://www.multpl.com/s-p-500-historical-price	NOUN
faba-239	56	2	figure	figure	VERB
faba-239	56	3	1	1	NUM
faba-239	56	4	.	.	PUNCT
faba-239	57	1	dynamics	dynamic	NOUN
faba-239	57	2	of	of	ADP
faba-239	57	3	the	the	DET
faba-239	57	4	s&p	s&p	PROPN
faba-239	57	5	500	500	NUM
faba-239	57	6	index	index	NOUN
faba-239	57	7	during	during	ADP
faba-239	57	8	the	the	DET
faba-239	57	9	period	period	NOUN
faba-239	57	10	january	january	PROPN
faba-239	57	11	1	1	NUM
faba-239	57	12	,	,	PUNCT
faba-239	57	13	2000	2000	NUM
faba-239	57	14	september	september	PROPN
faba-239	57	15	1	1	NUM
faba-239	57	16	,	,	PUNCT
faba-239	57	17	2024	2024	NUM
faba-239	57	18	table	table	NOUN
faba-239	57	19	1	1	NUM
faba-239	57	20	shows	show	VERB
faba-239	57	21	the	the	DET
faba-239	57	22	earnings	earning	NOUN
faba-239	57	23	per	per	ADP
faba-239	57	24	share	share	NOUN
faba-239	57	25	(	(	PUNCT
faba-239	57	26	eps	eps	PROPN
faba-239	57	27	)	)	PUNCT
faba-239	57	28	of	of	ADP
faba-239	57	29	the	the	DET
faba-239	57	30	s&p	s&p	PROPN
faba-239	57	31	500	500	NUM
faba-239	57	32	for	for	ADP
faba-239	57	33	the	the	DET
faba-239	57	34	period	period	NOUN
faba-239	57	35	1999	1999	NUM
faba-239	57	36	-	-	SYM
faba-239	57	37	2024	2024	NUM
faba-239	57	38	.	.	PUNCT
faba-239	58	1	the	the	DET
faba-239	58	2	eps	eps	PROPN
faba-239	58	3	are	be	AUX
faba-239	58	4	inflation	inflation	NOUN
faba-239	58	5	adjusted	adjust	VERB
faba-239	58	6	and	and	CCONJ
faba-239	58	7	are	be	AUX
faba-239	58	8	in	in	ADP
faba-239	58	9	constant	constant	ADJ
faba-239	58	10	july	july	PROPN
faba-239	58	11	2024	2024	NUM
faba-239	58	12	us	us	PROPN
faba-239	58	13	dollars	dollar	NOUN
faba-239	58	14	.	.	PUNCT
faba-239	59	1	the	the	DET
faba-239	59	2	net	net	ADJ
faba-239	59	3	earnings	earning	NOUN
faba-239	59	4	per	per	ADP
faba-239	59	5	share	share	NOUN
faba-239	59	6	(	(	PUNCT
faba-239	59	7	eps	eps	PROPN
faba-239	59	8	)	)	PUNCT
faba-239	59	9	increased	increase	VERB
faba-239	59	10	from	from	ADP
faba-239	59	11	$	$	SYM
faba-239	59	12	90.03	90.03	NUM
faba-239	59	13	in	in	ADP
faba-239	59	14	1999	1999	NUM
faba-239	59	15	to	to	ADP
faba-239	59	16	$	$	SYM
faba-239	59	17	197.32	197.32	NUM
faba-239	59	18	at	at	ADP
faba-239	59	19	the	the	DET
faba-239	59	20	end	end	NOUN
faba-239	59	21	of	of	ADP
faba-239	59	22	2023	2023	NUM
faba-239	59	23	.	.	PUNCT
faba-239	60	1	during	during	ADP
faba-239	60	2	the	the	DET
faba-239	60	3	period	period	NOUN
faba-239	60	4	eps	ep	NOUN
faba-239	60	5	indicate	indicate	VERB
faba-239	60	6	serious	serious	ADJ
faba-239	60	7	volatility	volatility	NOUN
faba-239	60	8	,	,	PUNCT
faba-239	60	9	dropping	drop	VERB
faba-239	60	10	down	down	ADP
faba-239	60	11	to	to	ADP
faba-239	60	12	only	only	ADV
faba-239	60	13	$	$	SYM
faba-239	60	14	22.26	22.26	NUM
faba-239	60	15	in	in	ADP
faba-239	60	16	2008	2008	NUM
faba-239	60	17	.	.	PUNCT
faba-239	61	1	the	the	DET
faba-239	61	2	other	other	ADJ
faba-239	61	3	very	very	ADV
faba-239	61	4	significant	significant	ADJ
faba-239	61	5	drop	drop	NOUN
faba-239	61	6	is	be	AUX
faba-239	61	7	later	later	ADV
faba-239	61	8	in	in	ADP
faba-239	61	9	2020	2020	NUM
faba-239	61	10	they	they	PRON
faba-239	61	11	drop	drop	VERB
faba-239	61	12	down	down	ADV
faba-239	61	13	to	to	ADP
faba-239	61	14	$	$	SYM
faba-239	61	15	113.67	113.67	NUM
faba-239	61	16	from	from	ADP
faba-239	61	17	$	$	SYM
faba-239	61	18	170.71	170.71	NUM
faba-239	61	19	.	.	PUNCT
faba-239	62	1	as	as	ADP
faba-239	62	2	of	of	ADP
faba-239	62	3	march	march	PROPN
faba-239	62	4	31	31	NUM
faba-239	62	5	,	,	PUNCT
faba-239	62	6	2024	2024	NUM
faba-239	62	7	,	,	PUNCT
faba-239	62	8	eps	eps	X
faba-239	62	9	is	be	AUX
faba-239	62	10	$	$	SYM
faba-239	62	11	192.74	192.74	NUM
faba-239	62	12	.	.	PUNCT
faba-239	63	1	the	the	DET
faba-239	63	2	cumulative	cumulative	ADJ
faba-239	63	3	growth	growth	NOUN
faba-239	63	4	for	for	ADP
faba-239	63	5	the	the	DET
faba-239	63	6	entire	entire	ADJ
faba-239	63	7	period	period	NOUN
faba-239	63	8	from	from	ADP
faba-239	63	9	1999	1999	NUM
faba-239	63	10	to	to	ADP
faba-239	63	11	the	the	DET
faba-239	63	12	end	end	NOUN
faba-239	63	13	of	of	ADP
faba-239	63	14	2023	2023	NUM
faba-239	63	15	amounts	amount	NOUN
faba-239	63	16	to	to	ADP
faba-239	63	17	119.17	119.17	NUM
faba-239	63	18	%	%	NOUN
faba-239	63	19	.	.	PUNCT
faba-239	64	1	during	during	ADP
faba-239	64	2	this	this	DET
faba-239	64	3	period	period	NOUN
faba-239	64	4	there	there	PRON
faba-239	64	5	were	be	VERB
faba-239	64	6	three	three	NUM
faba-239	64	7	large	large	ADJ
faba-239	64	8	-	-	PUNCT
faba-239	64	9	scale	scale	NOUN
faba-239	64	10	stock	stock	NOUN
faba-239	64	11	market	market	NOUN
faba-239	64	12	crises	crisis	NOUN
faba-239	64	13	,	,	PUNCT
faba-239	64	14	because	because	SCONJ
faba-239	64	15	of	of	ADP
faba-239	64	16	which	which	PRON
faba-239	64	17	not	not	PART
faba-239	64	18	only	only	ADV
faba-239	64	19	stock	stock	NOUN
faba-239	64	20	prices	price	NOUN
faba-239	64	21	,	,	PUNCT
faba-239	64	22	but	but	CCONJ
faba-239	64	23	also	also	ADV
faba-239	64	24	profits	profit	NOUN
faba-239	64	25	collapsed	collapse	VERB
faba-239	64	26	.	.	PUNCT
faba-239	65	1	these	these	PRON
faba-239	65	2	are	be	AUX
faba-239	65	3	:	:	PUNCT
faba-239	65	4	the	the	DET
faba-239	65	5	bursting	bursting	NOUN
faba-239	65	6	of	of	ADP
faba-239	65	7	the	the	DET
faba-239	65	8	technology	technology	NOUN
faba-239	65	9	bubble	bubble	NOUN
faba-239	65	10	in	in	ADP
faba-239	65	11	2000	2000	NUM
faba-239	65	12	-	-	SYM
faba-239	65	13	2002	2002	NUM
faba-239	65	14	,	,	PUNCT
faba-239	65	15	the	the	DET
faba-239	65	16	global	global	ADJ
faba-239	65	17	financial	financial	ADJ
faba-239	65	18	crisis	crisis	NOUN
faba-239	65	19	of	of	ADP
faba-239	65	20	2007	2007	NUM
faba-239	65	21	-	-	SYM
faba-239	65	22	2009	2009	NUM
faba-239	65	23	,	,	PUNCT
faba-239	65	24	and	and	CCONJ
faba-239	65	25	the	the	DET
faba-239	65	26	2020	2020	NUM
faba-239	65	27	temporary	temporary	ADJ
faba-239	65	28	collapse	collapse	NOUN
faba-239	65	29	of	of	ADP
faba-239	65	30	the	the	DET
faba-239	65	31	stock	stock	NOUN
faba-239	65	32	market	market	NOUN
faba-239	65	33	,	,	PUNCT
faba-239	65	34	due	due	ADP
faba-239	65	35	to	to	ADP
faba-239	65	36	the	the	DET
faba-239	65	37	covid-19	covid-19	PROPN
faba-239	65	38	pandemic	pandemic	NOUN
faba-239	65	39	.	.	PUNCT
faba-239	65	40	0	0	NUM
faba-239	66	1	1	1	NUM
faba-239	66	2	 	 	SPACE
faba-239	66	3	000	000	NUM
faba-239	66	4	2	2	NUM
faba-239	66	5	 	 	SPACE
faba-239	66	6	000	000	NUM
faba-239	66	7	3	3	NUM
faba-239	66	8	 	 	SPACE
faba-239	66	9	000	000	NUM
faba-239	66	10	4	4	NUM
faba-239	66	11	 	 	SPACE
faba-239	66	12	000	000	NUM
faba-239	66	13	5	5	NUM
faba-239	66	14	 	 	SPACE
faba-239	66	15	000	000	NUM
faba-239	66	16	6	6	NUM
faba-239	66	17	 	 	SPACE
faba-239	66	18	000	000	NUM
faba-239	66	19	s	s	PART
faba-239	66	20	e	e	NOUN
faba-239	66	21	p	p	NOUN
faba-239	66	22	1	1	NUM
faba-239	66	23	,	,	PUNCT
faba-239	66	24	2	2	NUM
faba-239	66	25	0	0	NUM
faba-239	66	26	2	2	NUM
faba-239	66	27	4	4	NUM
faba-239	66	28	ja	ja	NOUN
faba-239	66	29	n	n	ADV
faba-239	66	30	1	1	NUM
faba-239	66	31	,	,	PUNCT
faba-239	66	32	2	2	NUM
faba-239	66	33	0	0	NUM
faba-239	66	34	2	2	NUM
faba-239	66	35	4	4	NUM
faba-239	66	36	m	m	NOUN
faba-239	66	37	a	a	DET
faba-239	66	38	y	y	PROPN
faba-239	66	39	1	1	NUM
faba-239	66	40	,	,	PUNCT
faba-239	66	41	2	2	NUM
faba-239	66	42	0	0	NUM
faba-239	66	43	2	2	NUM
faba-239	66	44	3	3	NUM
faba-239	66	45	s	s	NOUN
faba-239	66	46	e	e	NOUN
faba-239	66	47	p	p	NOUN
faba-239	66	48	1	1	NUM
faba-239	66	49	,	,	PUNCT
faba-239	66	50	2	2	NUM
faba-239	66	51	0	0	NUM
faba-239	66	52	2	2	NUM
faba-239	66	53	2	2	NUM
faba-239	66	54	ja	ja	NOUN
faba-239	66	55	n	n	ADV
faba-239	66	56	1	1	NUM
faba-239	66	57	,	,	PUNCT
faba-239	66	58	2	2	NUM
faba-239	66	59	0	0	NUM
faba-239	66	60	2	2	NUM
faba-239	66	61	2	2	NUM
faba-239	66	62	m	m	NOUN
faba-239	66	63	a	a	DET
faba-239	66	64	y	y	PROPN
faba-239	66	65	1	1	NUM
faba-239	66	66	,	,	PUNCT
faba-239	66	67	2	2	NUM
faba-239	66	68	0	0	NUM
faba-239	66	69	2	2	NUM
faba-239	66	70	1	1	NUM
faba-239	66	71	s	s	NOUN
faba-239	66	72	e	e	NOUN
faba-239	66	73	p	p	NOUN
faba-239	66	74	1	1	NUM
faba-239	66	75	,	,	PUNCT
faba-239	66	76	2	2	NUM
faba-239	66	77	0	0	NUM
faba-239	66	78	2	2	NUM
faba-239	66	79	0	0	NUM
faba-239	66	80	ja	ja	PROPN
faba-239	66	81	n	n	ADV
faba-239	66	82	1	1	NUM
faba-239	66	83	,	,	PUNCT
faba-239	66	84	2	2	NUM
faba-239	66	85	0	0	NUM
faba-239	66	86	2	2	NUM
faba-239	66	87	0	0	NUM
faba-239	66	88	m	m	PROPN
faba-239	66	89	a	a	DET
faba-239	66	90	y	y	PROPN
faba-239	66	91	1	1	NUM
faba-239	66	92	,	,	PUNCT
faba-239	66	93	2	2	NUM
faba-239	66	94	0	0	NUM
faba-239	66	95	1	1	NUM
faba-239	66	96	9	9	NUM
faba-239	66	97	s	s	NOUN
faba-239	66	98	e	e	NOUN
faba-239	66	99	p	p	NOUN
faba-239	66	100	1	1	NUM
faba-239	66	101	,	,	PUNCT
faba-239	66	102	2	2	NUM
faba-239	66	103	0	0	NUM
faba-239	66	104	1	1	NUM
faba-239	66	105	8	8	NUM
faba-239	66	106	ja	ja	NOUN
faba-239	66	107	n	n	ADV
faba-239	66	108	1	1	NUM
faba-239	66	109	,	,	PUNCT
faba-239	66	110	2	2	NUM
faba-239	66	111	0	0	NUM
faba-239	66	112	1	1	NUM
faba-239	66	113	8	8	NUM
faba-239	66	114	m	m	NOUN
faba-239	66	115	a	a	DET
faba-239	66	116	y	y	PROPN
faba-239	66	117	1	1	NUM
faba-239	66	118	,	,	PUNCT
faba-239	66	119	2	2	NUM
faba-239	66	120	0	0	NUM
faba-239	66	121	1	1	NUM
faba-239	66	122	7	7	NUM
faba-239	66	123	s	s	NOUN
faba-239	66	124	e	e	NOUN
faba-239	66	125	p	p	NOUN
faba-239	66	126	1	1	NUM
faba-239	66	127	,	,	PUNCT
faba-239	66	128	2	2	NUM
faba-239	66	129	0	0	NUM
faba-239	66	130	1	1	NUM
faba-239	66	131	6	6	NUM
faba-239	66	132	ja	ja	NOUN
faba-239	66	133	n	n	ADV
faba-239	66	134	1	1	NUM
faba-239	66	135	,	,	PUNCT
faba-239	66	136	2	2	NUM
faba-239	66	137	0	0	NUM
faba-239	66	138	1	1	NUM
faba-239	66	139	6	6	NUM
faba-239	66	140	m	m	NOUN
faba-239	66	141	a	a	DET
faba-239	66	142	y	y	PROPN
faba-239	66	143	1	1	NUM
faba-239	66	144	,	,	PUNCT
faba-239	66	145	2	2	NUM
faba-239	66	146	0	0	NUM
faba-239	66	147	1	1	NUM
faba-239	66	148	5	5	NUM
faba-239	66	149	s	s	NOUN
faba-239	66	150	e	e	NOUN
faba-239	66	151	p	p	NOUN
faba-239	66	152	1	1	NUM
faba-239	66	153	,	,	PUNCT
faba-239	66	154	2	2	NUM
faba-239	66	155	0	0	NUM
faba-239	66	156	1	1	NUM
faba-239	66	157	4	4	NUM
faba-239	66	158	ja	ja	NOUN
faba-239	66	159	n	n	ADV
faba-239	66	160	1	1	NUM
faba-239	66	161	,	,	PUNCT
faba-239	66	162	2	2	NUM
faba-239	66	163	0	0	NUM
faba-239	66	164	1	1	NUM
faba-239	66	165	4	4	NUM
faba-239	66	166	m	m	NOUN
faba-239	66	167	a	a	DET
faba-239	66	168	y	y	PROPN
faba-239	66	169	1	1	NUM
faba-239	66	170	,	,	PUNCT
faba-239	66	171	2	2	NUM
faba-239	66	172	0	0	NUM
faba-239	66	173	1	1	NUM
faba-239	66	174	3	3	NUM
faba-239	66	175	s	s	NOUN
faba-239	66	176	e	e	NOUN
faba-239	66	177	p	p	NOUN
faba-239	66	178	1	1	NUM
faba-239	66	179	,	,	PUNCT
faba-239	66	180	2	2	NUM
faba-239	66	181	0	0	NUM
faba-239	66	182	1	1	NUM
faba-239	66	183	2	2	NUM
faba-239	66	184	ja	ja	NOUN
faba-239	66	185	n	n	ADV
faba-239	66	186	1	1	NUM
faba-239	66	187	,	,	PUNCT
faba-239	66	188	2	2	NUM
faba-239	66	189	0	0	NUM
faba-239	66	190	1	1	NUM
faba-239	66	191	2	2	NUM
faba-239	66	192	m	m	NOUN
faba-239	66	193	a	a	DET
faba-239	66	194	y	y	PROPN
faba-239	66	195	1	1	NUM
faba-239	66	196	,	,	PUNCT
faba-239	66	197	2	2	NUM
faba-239	66	198	0	0	NUM
faba-239	66	199	1	1	NUM
faba-239	66	200	1	1	NUM
faba-239	66	201	s	s	NOUN
faba-239	66	202	e	e	NOUN
faba-239	66	203	p	p	NOUN
faba-239	66	204	1	1	NUM
faba-239	66	205	,	,	PUNCT
faba-239	66	206	2	2	NUM
faba-239	66	207	0	0	NUM
faba-239	66	208	1	1	NUM
faba-239	66	209	0	0	NUM
faba-239	66	210	ja	ja	PROPN
faba-239	66	211	n	n	ADV
faba-239	66	212	1	1	NUM
faba-239	66	213	,	,	PUNCT
faba-239	66	214	2	2	NUM
faba-239	66	215	0	0	NUM
faba-239	66	216	1	1	NUM
faba-239	66	217	0	0	NUM
faba-239	66	218	m	m	PROPN
faba-239	66	219	a	a	DET
faba-239	66	220	y	y	PROPN
faba-239	66	221	1	1	NUM
faba-239	66	222	,	,	PUNCT
faba-239	66	223	2	2	NUM
faba-239	66	224	0	0	NUM
faba-239	66	225	0	0	NUM
faba-239	66	226	9	9	NUM
faba-239	66	227	s	s	NOUN
faba-239	66	228	e	e	NOUN
faba-239	66	229	p	p	NOUN
faba-239	66	230	1	1	NUM
faba-239	66	231	,	,	PUNCT
faba-239	66	232	2	2	NUM
faba-239	66	233	0	0	NUM
faba-239	66	234	0	0	NUM
faba-239	66	235	8	8	NUM
faba-239	66	236	ja	ja	PROPN
faba-239	66	237	n	n	ADV
faba-239	66	238	1	1	NUM
faba-239	66	239	,	,	PUNCT
faba-239	66	240	2	2	NUM
faba-239	66	241	0	0	NUM
faba-239	66	242	0	0	NUM
faba-239	66	243	8	8	NUM
faba-239	66	244	m	m	NOUN
faba-239	66	245	a	a	DET
faba-239	66	246	y	y	PROPN
faba-239	66	247	1	1	NUM
faba-239	66	248	,	,	PUNCT
faba-239	66	249	2	2	NUM
faba-239	66	250	0	0	NUM
faba-239	66	251	0	0	NUM
faba-239	66	252	7	7	NUM
faba-239	66	253	s	s	NOUN
faba-239	66	254	e	e	NOUN
faba-239	66	255	p	p	NOUN
faba-239	66	256	1	1	NUM
faba-239	66	257	,	,	PUNCT
faba-239	66	258	2	2	NUM
faba-239	66	259	0	0	NUM
faba-239	66	260	0	0	NUM
faba-239	66	261	6	6	NUM
faba-239	66	262	ja	ja	PROPN
faba-239	66	263	n	n	CCONJ
faba-239	66	264	1	1	NUM
faba-239	66	265	,	,	PUNCT
faba-239	66	266	2	2	NUM
faba-239	66	267	0	0	NUM
faba-239	66	268	0	0	NUM
faba-239	66	269	6	6	NUM
faba-239	66	270	m	m	NOUN
faba-239	66	271	a	a	DET
faba-239	66	272	y	y	PROPN
faba-239	66	273	1	1	NUM
faba-239	66	274	,	,	PUNCT
faba-239	66	275	2	2	NUM
faba-239	66	276	0	0	NUM
faba-239	66	277	0	0	NUM
faba-239	66	278	5	5	NUM
faba-239	66	279	s	s	NOUN
faba-239	66	280	e	e	NOUN
faba-239	66	281	p	p	NOUN
faba-239	66	282	1	1	NUM
faba-239	66	283	,	,	PUNCT
faba-239	66	284	2	2	NUM
faba-239	66	285	0	0	NUM
faba-239	66	286	0	0	NUM
faba-239	66	287	4	4	NUM
faba-239	66	288	ja	ja	PROPN
faba-239	66	289	n	n	CCONJ
faba-239	66	290	1	1	NUM
faba-239	66	291	,	,	PUNCT
faba-239	66	292	2	2	NUM
faba-239	66	293	0	0	NUM
faba-239	66	294	0	0	NUM
faba-239	66	295	4	4	NUM
faba-239	66	296	m	m	NOUN
faba-239	66	297	a	a	DET
faba-239	66	298	y	y	PROPN
faba-239	66	299	1	1	NUM
faba-239	66	300	,	,	PUNCT
faba-239	66	301	2	2	NUM
faba-239	66	302	0	0	NUM
faba-239	66	303	0	0	NUM
faba-239	66	304	3	3	NUM
faba-239	66	305	s	s	NOUN
faba-239	66	306	e	e	NOUN
faba-239	66	307	p	p	NOUN
faba-239	66	308	1	1	NUM
faba-239	66	309	,	,	PUNCT
faba-239	66	310	2	2	NUM
faba-239	66	311	0	0	NUM
faba-239	66	312	0	0	NUM
faba-239	66	313	2	2	NUM
faba-239	66	314	ja	ja	NOUN
faba-239	66	315	n	n	ADV
faba-239	66	316	1	1	NUM
faba-239	66	317	,	,	PUNCT
faba-239	66	318	2	2	NUM
faba-239	66	319	0	0	NUM
faba-239	66	320	0	0	NUM
faba-239	66	321	2	2	NUM
faba-239	66	322	m	m	NOUN
faba-239	66	323	a	a	DET
faba-239	66	324	y	y	PROPN
faba-239	66	325	1	1	NUM
faba-239	66	326	,	,	PUNCT
faba-239	66	327	2	2	NUM
faba-239	66	328	0	0	NUM
faba-239	66	329	0	0	NUM
faba-239	66	330	1	1	NUM
faba-239	66	331	s	s	NOUN
faba-239	66	332	e	e	NOUN
faba-239	66	333	p	p	NOUN
faba-239	66	334	1	1	NUM
faba-239	66	335	,	,	PUNCT
faba-239	66	336	2	2	NUM
faba-239	66	337	0	0	NUM
faba-239	66	338	0	0	NUM
faba-239	66	339	0	0	NUM
faba-239	66	340	ja	ja	PROPN
faba-239	66	341	n	n	ADV
faba-239	66	342	1	1	NUM
faba-239	66	343	,	,	PUNCT
faba-239	66	344	2	2	NUM
faba-239	66	345	0	0	NUM
faba-239	66	346	0	0	NUM
faba-239	66	347	0	0	NUM
faba-239	66	348	s&p	s&p	PROPN
faba-239	66	349	500	500	NUM
faba-239	66	350	https://www.multpl.com/s-p-500-historical-prices	https://www.multpl.com/s-p-500-historical-price	NOUN
faba-239	66	351	dimiter	dimiter	NOUN
faba-239	66	352	nenkov	nenkov	NOUN
faba-239	66	353	/	/	SYM
faba-239	66	354	finance	finance	NOUN
faba-239	66	355	,	,	PUNCT
faba-239	66	356	accounting	accounting	NOUN
faba-239	66	357	and	and	CCONJ
faba-239	66	358	business	business	NOUN
faba-239	66	359	analysis	analysis	NOUN
faba-239	66	360	,	,	PUNCT
faba-239	66	361	volume	volume	NOUN
faba-239	66	362	6	6	NUM
faba-239	66	363	,	,	PUNCT
faba-239	66	364	issue	issue	NOUN
faba-239	66	365	2	2	NUM
faba-239	66	366	,	,	PUNCT
faba-239	66	367	2024	2024	NUM
faba-239	66	368	183	183	NUM
faba-239	66	369	table	table	NOUN
faba-239	66	370	1	1	NUM
faba-239	66	371	.	.	PUNCT
faba-239	66	372	earnings	earning	NOUN
faba-239	66	373	per	per	ADP
faba-239	66	374	share	share	NOUN
faba-239	66	375	(	(	PUNCT
faba-239	66	376	eps	eps	PROPN
faba-239	66	377	)	)	PUNCT
faba-239	66	378	of	of	ADP
faba-239	66	379	the	the	DET
faba-239	66	380	s&p	s&p	PROPN
faba-239	66	381	500	500	NUM
faba-239	66	382	for	for	ADP
faba-239	66	383	the	the	DET
faba-239	66	384	period	period	NOUN
faba-239	66	385	1999	1999	NUM
faba-239	66	386	–	–	PUNCT
faba-239	66	387	2024	2024	NUM
faba-239	66	388	year	year	NOUN
faba-239	66	389	1999	1999	NUM
faba-239	66	390	2000	2000	NUM
faba-239	66	391	2001	2001	NUM
faba-239	66	392	2002	2002	NUM
faba-239	66	393	2003	2003	NUM
faba-239	66	394	2004	2004	NUM
faba-239	66	395	2005	2005	NUM
faba-239	66	396	earnings	earning	NOUN
faba-239	66	397	per	per	ADP
faba-239	66	398	share	share	NOUN
faba-239	66	399	(	(	PUNCT
faba-239	66	400	eps	eps	PROPN
faba-239	66	401	)	)	PUNCT
faba-239	66	402	(	(	PUNCT
faba-239	66	403	$	$	SYM
faba-239	66	404	)	)	PUNCT
faba-239	66	405	90.03	90.03	NUM
faba-239	66	406	90.39	90.39	NUM
faba-239	66	407	43.95	43.95	NUM
faba-239	66	408	47.97	47.97	NUM
faba-239	66	409	83.18	83.18	NUM
faba-239	66	410	96.78	96.78	NUM
faba-239	66	411	111.61	111.61	NUM
faba-239	66	412	year	year	NOUN
faba-239	66	413	2006	2006	NUM
faba-239	66	414	2007	2007	NUM
faba-239	66	415	2008	2008	NUM
faba-239	66	416	2009	2009	NUM
faba-239	66	417	2010	2010	NUM
faba-239	66	418	2011	2011	NUM
faba-239	66	419	2012	2012	NUM
faba-239	66	420	earnings	earning	NOUN
faba-239	66	421	per	per	ADP
faba-239	66	422	share	share	NOUN
faba-239	66	423	(	(	PUNCT
faba-239	66	424	eps	eps	PROPN
faba-239	66	425	)	)	PUNCT
faba-239	66	426	(	(	PUNCT
faba-239	66	427	$	$	SYM
faba-239	66	428	)	)	PUNCT
faba-239	66	429	127.05	127.05	NUM
faba-239	66	430	99.11	99.11	NUM
faba-239	66	431	22.26	22.26	NUM
faba-239	66	432	74.24	74.24	NUM
faba-239	66	433	111.00	111.00	NUM
faba-239	66	434	121.19	121.19	NUM
faba-239	66	435	118.51	118.51	NUM
faba-239	66	436	year	year	NOUN
faba-239	66	437	2013	2013	NUM
faba-239	66	438	2014	2014	NUM
faba-239	66	439	2015	2015	NUM
faba-239	66	440	2016	2016	NUM
faba-239	66	441	2017	2017	NUM
faba-239	66	442	2018	2018	NUM
faba-239	66	443	2019	2019	NUM
faba-239	67	1	earnings	earning	NOUN
faba-239	67	2	per	per	ADP
faba-239	67	3	share	share	NOUN
faba-239	67	4	(	(	PUNCT
faba-239	67	5	eps	eps	PROPN
faba-239	67	6	)	)	PUNCT
faba-239	67	7	(	(	PUNCT
faba-239	67	8	$	$	SYM
faba-239	67	9	)	)	PUNCT
faba-239	67	10	135.24	135.24	NUM
faba-239	67	11	137.05	137.05	NUM
faba-239	67	12	115.07	115.07	NUM
faba-239	67	13	123.18	123.18	NUM
faba-239	67	14	140.20	140.20	NUM
faba-239	67	15	165.75	165.75	NUM
faba-239	67	16	170.71	170.71	NUM
faba-239	67	17	end	end	NOUN
faba-239	67	18	of	of	ADP
faba-239	67	19	year	year	NOUN
faba-239	67	20	2020	2020	NUM
faba-239	67	21	2021	2021	NUM
faba-239	67	22	2022	2022	NUM
faba-239	67	23	2023	2023	NUM
faba-239	67	24	31	31	NUM
faba-239	67	25	mar	mar	PROPN
faba-239	67	26	.	.	PROPN
faba-239	67	27	2024	2024	NUM
faba-239	67	28	earnings	earning	NOUN
faba-239	67	29	per	per	ADP
faba-239	67	30	share	share	NOUN
faba-239	67	31	(	(	PUNCT
faba-239	67	32	eps	eps	PROPN
faba-239	67	33	)	)	PUNCT
faba-239	67	34	(	(	PUNCT
faba-239	67	35	$	$	SYM
faba-239	67	36	)	)	PUNCT
faba-239	67	37	113.67	113.67	NUM
faba-239	67	38	223.23	223.23	NUM
faba-239	67	39	183.08	183.08	NUM
faba-239	67	40	197.32	197.32	NUM
faba-239	67	41	192.74	192.74	NUM
faba-239	67	42	source	source	NOUN
faba-239	67	43	:	:	PUNCT
faba-239	67	44	https://www.multpl.com/s-p-500-earnings/table/by-year	https://www.multpl.com/s-p-500-earnings/table/by-year	NUM
faba-239	67	45	,	,	PUNCT
faba-239	67	46	(	(	PUNCT
faba-239	67	47	6.09.2024	6.09.2024	NUM
faba-239	67	48	)	)	PUNCT
faba-239	67	49	table	table	NOUN
faba-239	67	50	2	2	NUM
faba-239	67	51	shows	show	VERB
faba-239	67	52	the	the	DET
faba-239	67	53	year	year	NOUN
faba-239	67	54	-	-	PUNCT
faba-239	67	55	to	to	ADP
faba-239	67	56	-	-	PUNCT
faba-239	67	57	year	year	NOUN
faba-239	67	58	percent	percent	NOUN
faba-239	67	59	change	change	NOUN
faba-239	67	60	in	in	ADP
faba-239	67	61	eps	eps	PROPN
faba-239	67	62	of	of	ADP
faba-239	67	63	the	the	DET
faba-239	67	64	s&p	s&p	PROPN
faba-239	67	65	500	500	NUM
faba-239	67	66	index	index	NOUN
faba-239	67	67	for	for	ADP
faba-239	67	68	the	the	DET
faba-239	67	69	period	period	NOUN
faba-239	67	70	1999	1999	NUM
faba-239	67	71	-	-	SYM
faba-239	67	72	2023	2023	NUM
faba-239	67	73	.	.	PUNCT
faba-239	68	1	these	these	DET
faba-239	68	2	year	year	NOUN
faba-239	68	3	-	-	PUNCT
faba-239	68	4	to	to	ADP
faba-239	68	5	-	-	PUNCT
faba-239	68	6	year	year	NOUN
faba-239	68	7	changes	change	NOUN
faba-239	68	8	are	be	AUX
faba-239	68	9	indicative	indicative	ADJ
faba-239	68	10	of	of	ADP
faba-239	68	11	the	the	DET
faba-239	68	12	strong	strong	ADJ
faba-239	68	13	volatility	volatility	NOUN
faba-239	68	14	in	in	ADP
faba-239	68	15	annual	annual	ADJ
faba-239	68	16	earnings	earning	NOUN
faba-239	68	17	per	per	ADP
faba-239	68	18	share	share	NOUN
faba-239	68	19	.	.	PUNCT
faba-239	69	1	there	there	PRON
faba-239	69	2	are	be	VERB
faba-239	69	3	occasional	occasional	ADJ
faba-239	69	4	high	high	ADJ
faba-239	69	5	decreases	decrease	NOUN
faba-239	69	6	and	and	CCONJ
faba-239	69	7	increases	increase	NOUN
faba-239	69	8	,	,	PUNCT
faba-239	69	9	ranging	range	VERB
faba-239	69	10	from	from	ADP
faba-239	69	11	-77.54	-77.54	PROPN
faba-239	69	12	%	%	NOUN
faba-239	69	13	in	in	ADP
faba-239	69	14	2008	2008	NUM
faba-239	69	15	to	to	ADP
faba-239	69	16	+233.51	+233.51	PROPN
faba-239	69	17	%	%	NOUN
faba-239	69	18	in	in	ADP
faba-239	69	19	2009	2009	NUM
faba-239	69	20	.	.	PUNCT
faba-239	70	1	the	the	DET
faba-239	70	2	mean	mean	ADJ
faba-239	70	3	(	(	PUNCT
faba-239	70	4	arithmetic	arithmetic	ADJ
faba-239	70	5	average	average	NOUN
faba-239	70	6	)	)	PUNCT
faba-239	70	7	annual	annual	ADJ
faba-239	70	8	growth	growth	NOUN
faba-239	70	9	rate	rate	NOUN
faba-239	70	10	for	for	ADP
faba-239	70	11	the	the	DET
faba-239	70	12	entire	entire	ADJ
faba-239	70	13	period	period	NOUN
faba-239	70	14	is	be	AUX
faba-239	70	15	16.16	16.16	NUM
faba-239	70	16	%	%	NOUN
faba-239	70	17	.	.	PUNCT
faba-239	71	1	however	however	ADV
faba-239	71	2	,	,	PUNCT
faba-239	71	3	because	because	SCONJ
faba-239	71	4	of	of	ADP
faba-239	71	5	the	the	DET
faba-239	71	6	high	high	ADJ
faba-239	71	7	volatility	volatility	NOUN
faba-239	71	8	,	,	PUNCT
faba-239	71	9	the	the	DET
faba-239	71	10	mean	mean	ADJ
faba-239	71	11	growth	growth	NOUN
faba-239	71	12	rate	rate	NOUN
faba-239	71	13	is	be	AUX
faba-239	71	14	significantly	significantly	ADV
faba-239	71	15	biased	biased	ADJ
faba-239	71	16	upwards	upwards	ADV
faba-239	71	17	,	,	PUNCT
faba-239	71	18	and	and	CCONJ
faba-239	71	19	is	be	AUX
faba-239	71	20	not	not	PART
faba-239	71	21	representative	representative	ADJ
faba-239	71	22	in	in	ADP
faba-239	71	23	this	this	DET
faba-239	71	24	case	case	NOUN
faba-239	71	25	.	.	PUNCT
faba-239	72	1	much	much	ADV
faba-239	72	2	more	more	ADJ
faba-239	72	3	representative	representative	NOUN
faba-239	72	4	is	be	AUX
faba-239	72	5	the	the	DET
faba-239	72	6	cumulative	cumulative	ADJ
faba-239	72	7	annual	annual	ADJ
faba-239	72	8	average	average	ADJ
faba-239	72	9	growth	growth	NOUN
faba-239	72	10	rate	rate	NOUN
faba-239	72	11	(	(	PUNCT
faba-239	72	12	cagr	cagr	NOUN
faba-239	72	13	)	)	PUNCT
faba-239	72	14	for	for	ADP
faba-239	72	15	the	the	DET
faba-239	72	16	whole	whole	ADJ
faba-239	72	17	period	period	NOUN
faba-239	72	18	,	,	PUNCT
faba-239	72	19	which	which	PRON
faba-239	72	20	is	be	AUX
faba-239	72	21	3.32	3.32	NUM
faba-239	72	22	%	%	NOUN
faba-239	72	23	.	.	PUNCT
faba-239	73	1	table	table	NOUN
faba-239	73	2	2	2	NUM
faba-239	73	3	.	.	PUNCT
faba-239	74	1	earnings	earning	NOUN
faba-239	74	2	per	per	ADP
faba-239	74	3	share	share	NOUN
faba-239	74	4	(	(	PUNCT
faba-239	74	5	eps	eps	NOUN
faba-239	74	6	)	)	PUNCT
faba-239	74	7	growth	growth	NOUN
faba-239	74	8	of	of	ADP
faba-239	74	9	the	the	DET
faba-239	74	10	s&p	s&p	PROPN
faba-239	74	11	500	500	NUM
faba-239	74	12	for	for	ADP
faba-239	74	13	the	the	DET
faba-239	74	14	period	period	NOUN
faba-239	74	15	1999	1999	NUM
faba-239	74	16	–	–	PUNCT
faba-239	74	17	2024	2024	NUM
faba-239	74	18	(	(	PUNCT
faba-239	74	19	in	in	ADP
faba-239	74	20	%	%	NOUN
faba-239	74	21	,	,	PUNCT
faba-239	74	22	year	year	NOUN
faba-239	74	23	-	-	PUNCT
faba-239	74	24	to	to	ADP
faba-239	74	25	-	-	PUNCT
faba-239	74	26	year	year	NOUN
faba-239	74	27	)	)	PUNCT
faba-239	74	28	year	year	NOUN
faba-239	74	29	1999	1999	NUM
faba-239	74	30	2000	2000	NUM
faba-239	74	31	2001	2001	NUM
faba-239	74	32	2002	2002	NUM
faba-239	74	33	2003	2003	NUM
faba-239	74	34	2004	2004	NUM
faba-239	74	35	2005	2005	NUM
faba-239	74	36	eps	ep	NOUN
faba-239	74	37	growth	growth	NOUN
faba-239	74	38	(	(	PUNCT
faba-239	74	39	%	%	INTJ
faba-239	74	40	)	)	PUNCT
faba-239	74	41	0.40	0.40	NUM
faba-239	74	42	%	%	NOUN
faba-239	75	1	-51.38	-51.38	INTJ
faba-239	75	2	%	%	NOUN
faba-239	75	3	9.15	9.15	NUM
faba-239	75	4	%	%	NOUN
faba-239	75	5	73.40	73.40	NUM
faba-239	75	6	%	%	NOUN
faba-239	75	7	16.35	16.35	NUM
faba-239	75	8	%	%	NOUN
faba-239	75	9	15.32	15.32	NUM
faba-239	75	10	%	%	NOUN
faba-239	75	11	year	year	NOUN
faba-239	75	12	2006	2006	NUM
faba-239	75	13	2007	2007	NUM
faba-239	75	14	2008	2008	NUM
faba-239	75	15	2009	2009	NUM
faba-239	75	16	2010	2010	NUM
faba-239	75	17	2011	2011	NUM
faba-239	75	18	2012	2012	NUM
faba-239	75	19	eps	ep	NOUN
faba-239	75	20	growth	growth	NOUN
faba-239	75	21	(	(	PUNCT
faba-239	75	22	%	%	INTJ
faba-239	75	23	)	)	PUNCT
faba-239	75	24	13.83	13.83	NUM
faba-239	75	25	%	%	NOUN
faba-239	75	26	-21.99	-21.99	PROPN
faba-239	76	1	%	%	NOUN
faba-239	76	2	-77.48	-77.48	NUM
faba-239	76	3	%	%	NOUN
faba-239	76	4	233.51	233.51	NUM
faba-239	76	5	%	%	NOUN
faba-239	76	6	49.52	49.52	NUM
faba-239	76	7	%	%	NOUN
faba-239	76	8	9.18	9.18	NUM
faba-239	76	9	%	%	NOUN
faba-239	76	10	-2.21	-2.21	NUM
faba-239	76	11	%	%	NOUN
faba-239	76	12	year	year	NOUN
faba-239	76	13	2013	2013	NUM
faba-239	76	14	2014	2014	NUM
faba-239	76	15	2015	2015	NUM
faba-239	76	16	2016	2016	NUM
faba-239	76	17	2017	2017	NUM
faba-239	76	18	2018	2018	NUM
faba-239	76	19	2019	2019	NUM
faba-239	76	20	eps	ep	NOUN
faba-239	76	21	growth	growth	NOUN
faba-239	76	22	(	(	PUNCT
faba-239	76	23	%	%	INTJ
faba-239	76	24	)	)	PUNCT
faba-239	76	25	14.12	14.12	NUM
faba-239	76	26	%	%	NOUN
faba-239	76	27	1.34	1.34	NUM
faba-239	76	28	%	%	NOUN
faba-239	76	29	-16.04	-16.04	NOUN
faba-239	76	30	%	%	NOUN
faba-239	76	31	7.05	7.05	NUM
faba-239	76	32	%	%	NOUN
faba-239	76	33	13.82	13.82	NUM
faba-239	76	34	%	%	NOUN
faba-239	76	35	18.22	18.22	NUM
faba-239	76	36	%	%	NOUN
faba-239	76	37	2.99	2.99	NUM
faba-239	76	38	%	%	NOUN
faba-239	76	39	year	year	NOUN
faba-239	76	40	2020	2020	NUM
faba-239	76	41	2021	2021	NUM
faba-239	76	42	2022	2022	NUM
faba-239	76	43	2023	2023	NUM
faba-239	76	44	mean	mean	NOUN
faba-239	76	45	2000	2000	NUM
faba-239	76	46	-	-	SYM
faba-239	76	47	2023	2023	NUM
faba-239	76	48	eps	eps	NOUN
faba-239	76	49	growth	growth	NOUN
faba-239	76	50	(	(	PUNCT
faba-239	76	51	%	%	INTJ
faba-239	76	52	)	)	PUNCT
faba-239	76	53	-33.41	-33.41	NUM
faba-239	76	54	%	%	NOUN
faba-239	76	55	96.38	96.38	NUM
faba-239	76	56	%	%	NOUN
faba-239	76	57	-17.99	-17.99	NOUN
faba-239	77	1	%	%	NOUN
faba-239	77	2	7.78	7.78	NUM
faba-239	77	3	%	%	NOUN
faba-239	77	4	16.16	16.16	NUM
faba-239	77	5	%	%	NOUN
faba-239	77	6	source	source	NOUN
faba-239	77	7	:	:	PUNCT
faba-239	77	8	calculations	calculation	NOUN
faba-239	77	9	of	of	ADP
faba-239	77	10	the	the	DET
faba-239	77	11	author	author	NOUN
faba-239	77	12	https://www.multpl.com/s-p-500-earnings-growth/table/by-year	https://www.multpl.com/s-p-500-earnings-growth/table/by-year	PROPN
faba-239	77	13	,	,	PUNCT
faba-239	77	14	(	(	PUNCT
faba-239	77	15	6.09.2024	6.09.2024	NUM
faba-239	77	16	)	)	PUNCT
faba-239	77	17	the	the	DET
faba-239	77	18	s&p	s&p	PROPN
faba-239	77	19	500	500	NUM
faba-239	77	20	eps	eps	PROPN
faba-239	77	21	geometric	geometric	ADJ
faba-239	77	22	average	average	ADJ
faba-239	77	23	growth	growth	NOUN
faba-239	77	24	rate	rate	NOUN
faba-239	77	25	(	(	PUNCT
faba-239	77	26	point	point	NOUN
faba-239	77	27	to	to	PART
faba-239	77	28	point	point	VERB
faba-239	77	29	)	)	PUNCT
faba-239	77	30	for	for	ADP
faba-239	77	31	different	different	ADJ
faba-239	77	32	periods	period	NOUN
faba-239	77	33	,	,	PUNCT
faba-239	77	34	ending	end	VERB
faba-239	77	35	in	in	ADP
faba-239	77	36	2023	2023	NUM
faba-239	77	37	,	,	PUNCT
faba-239	77	38	is	be	AUX
faba-239	77	39	shown	show	VERB
faba-239	77	40	in	in	ADP
faba-239	77	41	table	table	NOUN
faba-239	77	42	3	3	NUM
faba-239	77	43	.	.	PUNCT
faba-239	78	1	for	for	ADP
faba-239	78	2	comparison	comparison	NOUN
faba-239	78	3	,	,	PUNCT
faba-239	78	4	the	the	DET
faba-239	78	5	geometric	geometric	ADJ
faba-239	78	6	average	average	ADJ
faba-239	78	7	growth	growth	NOUN
faba-239	78	8	rate	rate	NOUN
faba-239	78	9	(	(	PUNCT
faba-239	78	10	cagr	cagr	NOUN
faba-239	78	11	)	)	PUNCT
faba-239	78	12	of	of	ADP
faba-239	78	13	the	the	DET
faba-239	78	14	s&p	s&p	PROPN
faba-239	78	15	500	500	NUM
faba-239	78	16	itself	itself	PRON
faba-239	78	17	for	for	ADP
faba-239	78	18	the	the	DET
faba-239	78	19	same	same	ADJ
faba-239	78	20	periods	period	NOUN
faba-239	78	21	,	,	PUNCT
faba-239	78	22	ending	end	VERB
faba-239	78	23	in	in	ADP
faba-239	78	24	2023	2023	NUM
faba-239	78	25	,	,	PUNCT
faba-239	78	26	is	be	AUX
faba-239	78	27	also	also	ADV
faba-239	78	28	presented	present	VERB
faba-239	78	29	in	in	ADP
faba-239	78	30	this	this	DET
faba-239	78	31	table	table	NOUN
faba-239	78	32	.	.	PUNCT
faba-239	79	1	the	the	DET
faba-239	79	2	growth	growth	NOUN
faba-239	79	3	rates	rate	NOUN
faba-239	79	4	of	of	ADP
faba-239	79	5	eps	eps	PROPN
faba-239	79	6	and	and	CCONJ
faba-239	79	7	s&p	s&p	PROPN
faba-239	79	8	500	500	NUM
faba-239	79	9	are	be	AUX
faba-239	79	10	both	both	PRON
faba-239	79	11	based	base	VERB
faba-239	79	12	on	on	ADP
faba-239	79	13	inflation	inflation	NOUN
faba-239	79	14	adjusted	adjust	VERB
faba-239	79	15	eps	eps	PROPN
faba-239	79	16	and	and	CCONJ
faba-239	79	17	s&p	s&p	PROPN
faba-239	79	18	500	500	NUM
faba-239	79	19	prices	price	NOUN
faba-239	79	20	(	(	PUNCT
faba-239	79	21	in	in	ADP
faba-239	79	22	constant	constant	ADJ
faba-239	79	23	july	july	PROPN
faba-239	79	24	2024	2024	NUM
faba-239	79	25	us	us	PROPN
faba-239	79	26	dollars	dollar	NOUN
faba-239	79	27	)	)	PUNCT
faba-239	79	28	.	.	PUNCT
faba-239	80	1	table	table	NOUN
faba-239	80	2	3	3	NUM
faba-239	80	3	.	.	PUNCT
faba-239	80	4	stock	stock	NOUN
faba-239	80	5	-	-	PUNCT
faba-239	80	6	price	price	NOUN
faba-239	80	7	growth	growth	NOUN
faba-239	80	8	and	and	CCONJ
faba-239	80	9	eps	eps	NOUN
faba-239	80	10	growth	growth	NOUN
faba-239	80	11	of	of	ADP
faba-239	80	12	the	the	DET
faba-239	80	13	s&p	s&p	PROPN
faba-239	80	14	500	500	NUM
faba-239	80	15	until	until	ADP
faba-239	80	16	2023	2023	NUM
faba-239	80	17	(	(	PUNCT
faba-239	80	18	calculated	calculate	VERB
faba-239	80	19	as	as	ADP
faba-239	80	20	geometric	geometric	ADJ
faba-239	80	21	average	average	ADJ
faba-239	80	22	)	)	PUNCT
faba-239	80	23	period	period	NOUN
faba-239	80	24	s&p	s&p	PROPN
faba-239	80	25	500	500	NUM
faba-239	80	26	stock	stock	NOUN
faba-239	80	27	-	-	PUNCT
faba-239	80	28	price	price	NOUN
faba-239	80	29	growth	growth	NOUN
faba-239	80	30	(	(	PUNCT
faba-239	80	31	%	%	INTJ
faba-239	80	32	)	)	PUNCT
faba-239	80	33	s&p	s&p	PROPN
faba-239	80	34	500	500	NUM
faba-239	80	35	eps	eps	NOUN
faba-239	80	36	growth	growth	NOUN
faba-239	80	37	(	(	PUNCT
faba-239	80	38	%	%	INTJ
faba-239	80	39	)	)	PUNCT
faba-239	80	40	difference	difference	NOUN
faba-239	80	41	(	(	PUNCT
faba-239	80	42	k.4	k.4	X
faba-239	80	43	-	-	PUNCT
faba-239	80	44	k.3	k.3	NOUN
faba-239	80	45	)	)	PUNCT
faba-239	81	1	k.1	k.1	PROPN
faba-239	82	1	k.2	k.2	NOUN
faba-239	82	2	k.3	k.3	PROPN
faba-239	82	3	k.4	k.4	X
faba-239	82	4	1871	1871	NUM
faba-239	82	5	-	-	SYM
faba-239	82	6	2023	2023	NUM
faba-239	82	7	2.50	2.50	NUM
faba-239	82	8	%	%	NOUN
faba-239	82	9	1.98	1.98	NUM
faba-239	82	10	%	%	NOUN
faba-239	82	11	-0.52	-0.52	NUM
faba-239	82	12	%	%	NOUN
faba-239	82	13	1979	1979	NUM
faba-239	82	14	-	-	SYM
faba-239	82	15	2023	2023	NUM
faba-239	82	16	5.59	5.59	NUM
faba-239	82	17	%	%	NOUN
faba-239	82	18	2.71	2.71	NUM
faba-239	82	19	%	%	NOUN
faba-239	82	20	-2.88	-2.88	NUM
faba-239	82	21	%	%	NOUN
faba-239	82	22	1989	1989	NUM
faba-239	82	23	-	-	SYM
faba-239	82	24	2023	2023	NUM
faba-239	82	25	5.71	5.71	NUM
faba-239	82	26	%	%	NOUN
faba-239	82	27	3.72	3.72	NUM
faba-239	82	28	%	%	NOUN
faba-239	82	29	-1.99	-1.99	NUM
faba-239	82	30	%	%	NOUN
faba-239	82	31	1999	1999	NUM
faba-239	82	32	-	-	SYM
faba-239	82	33	2023	2023	NUM
faba-239	82	34	3.04	3.04	NUM
faba-239	82	35	%	%	NOUN
faba-239	82	36	3.32	3.32	NUM
faba-239	82	37	%	%	NOUN
faba-239	82	38	0.29	0.29	NUM
faba-239	82	39	%	%	NOUN
faba-239	82	40	2001	2001	NUM
faba-239	82	41	-	-	SYM
faba-239	82	42	2023	2023	NUM
faba-239	82	43	3.30	3.30	NUM
faba-239	82	44	%	%	NOUN
faba-239	82	45	7.06	7.06	NUM
faba-239	82	46	%	%	NOUN
faba-239	82	47	3.77	3.77	NUM
faba-239	82	48	%	%	NOUN
faba-239	82	49	2010	2010	NUM
faba-239	82	50	-	-	SYM
faba-239	82	51	2023	2023	NUM
faba-239	82	52	7.86	7.86	NUM
faba-239	82	53	%	%	NOUN
faba-239	82	54	4.52	4.52	NUM
faba-239	82	55	%	%	NOUN
faba-239	82	56	-3.34	-3.34	NUM
faba-239	82	57	%	%	NOUN
faba-239	82	58	2015	2015	NUM
faba-239	82	59	-	-	SYM
faba-239	82	60	2023	2023	NUM
faba-239	82	61	8.52	8.52	NUM
faba-239	82	62	%	%	NOUN
faba-239	82	63	6.97	6.97	NUM
faba-239	82	64	%	%	NOUN
faba-239	82	65	-1.55	-1.55	PRON
faba-239	82	66	%	%	NOUN
faba-239	82	67	source	source	NOUN
faba-239	82	68	:	:	PUNCT
faba-239	82	69	calculations	calculation	NOUN
faba-239	82	70	of	of	ADP
faba-239	82	71	the	the	DET
faba-239	82	72	author	author	NOUN
faba-239	82	73	,	,	PUNCT
faba-239	82	74	https://www.multpl.com/s-p-500-historical-prices	https://www.multpl.com/s-p-500-historical-price	NOUN
faba-239	82	75	,	,	PUNCT
faba-239	82	76	https://www.multpl.com/s-p-500-earnings	https://www.multpl.com/s-p-500-earning	NOUN
faba-239	83	1	https://www.multpl.com/s-p-500-earnings/table/by-year	https://www.multpl.com/s-p-500-earnings/table/by-year	PROPN
faba-239	83	2	https://www.multpl.com/s-p-500-earnings-growth/table/by-year	https://www.multpl.com/s-p-500-earnings-growth/table/by-year	PROPN
faba-239	83	3	https://www.multpl.com/s-p-500-historical-prices	https://www.multpl.com/s-p-500-historical-prices	PROPN
faba-239	83	4	https://www.multpl.com/s-p-500-earnings	https://www.multpl.com/s-p-500-earning	NOUN
faba-239	83	5	dimiter	dimiter	NOUN
faba-239	83	6	nenkov	nenkov	PROPN
faba-239	83	7	/	/	SYM
faba-239	83	8	finance	finance	NOUN
faba-239	83	9	,	,	PUNCT
faba-239	83	10	accounting	accounting	NOUN
faba-239	83	11	and	and	CCONJ
faba-239	83	12	business	business	NOUN
faba-239	83	13	analysis	analysis	NOUN
faba-239	83	14	,	,	PUNCT
faba-239	83	15	volume	volume	NOUN
faba-239	83	16	6	6	NUM
faba-239	83	17	,	,	PUNCT
faba-239	83	18	issue	issue	NOUN
faba-239	83	19	2	2	NUM
faba-239	83	20	,	,	PUNCT
faba-239	83	21	2024	2024	NUM
faba-239	83	22	184	184	NUM
faba-239	83	23	the	the	DET
faba-239	83	24	significant	significant	ADJ
faba-239	83	25	difference	difference	NOUN
faba-239	83	26	among	among	ADP
faba-239	83	27	the	the	DET
faba-239	83	28	growth	growth	NOUN
faba-239	83	29	rates	rate	NOUN
faba-239	83	30	for	for	ADP
faba-239	83	31	different	different	ADJ
faba-239	83	32	periods	period	NOUN
faba-239	83	33	is	be	AUX
faba-239	83	34	normal	normal	ADJ
faba-239	83	35	,	,	PUNCT
faba-239	83	36	provided	provide	VERB
faba-239	83	37	that	that	SCONJ
faba-239	83	38	the	the	DET
faba-239	83	39	eps	eps	PROPN
faba-239	83	40	growth	growth	NOUN
faba-239	83	41	is	be	AUX
faba-239	83	42	quite	quite	ADV
faba-239	83	43	uneven	uneven	ADJ
faba-239	83	44	in	in	ADP
faba-239	83	45	different	different	ADJ
faba-239	83	46	years	year	NOUN
faba-239	83	47	and	and	CCONJ
faba-239	83	48	sub	sub	NOUN
faba-239	83	49	-	-	NOUN
faba-239	83	50	periods	period	NOUN
faba-239	83	51	.	.	PUNCT
faba-239	84	1	another	another	DET
faba-239	84	2	factor	factor	NOUN
faba-239	84	3	for	for	ADP
faba-239	84	4	this	this	PRON
faba-239	84	5	are	be	AUX
faba-239	84	6	some	some	DET
faba-239	84	7	specific	specific	ADJ
faba-239	84	8	features	feature	NOUN
faba-239	84	9	of	of	ADP
faba-239	84	10	the	the	DET
faba-239	84	11	geometric	geometric	ADJ
faba-239	84	12	average	average	NOUN
faba-239	84	13	(	(	PUNCT
faba-239	84	14	point	point	NOUN
faba-239	84	15	to	to	PART
faba-239	84	16	point	point	VERB
faba-239	84	17	)	)	PUNCT
faba-239	84	18	.	.	PUNCT
faba-239	85	1	the	the	DET
faba-239	85	2	low	low	ADJ
faba-239	85	3	value	value	NOUN
faba-239	85	4	in	in	ADP
faba-239	85	5	the	the	DET
faba-239	85	6	starting	starting	NOUN
faba-239	85	7	year	year	NOUN
faba-239	85	8	of	of	ADP
faba-239	85	9	the	the	DET
faba-239	85	10	respective	respective	ADJ
faba-239	85	11	period	period	NOUN
faba-239	85	12	is	be	AUX
faba-239	85	13	a	a	DET
faba-239	85	14	prerequisite	prerequisite	NOUN
faba-239	85	15	for	for	ADP
faba-239	85	16	high	high	ADJ
faba-239	85	17	calculated	calculate	VERB
faba-239	85	18	growth	growth	NOUN
faba-239	85	19	rate	rate	NOUN
faba-239	85	20	and	and	CCONJ
faba-239	85	21	vice	vice	NOUN
faba-239	85	22	versa	versa	ADV
faba-239	85	23	.	.	PUNCT
faba-239	86	1	for	for	ADP
faba-239	86	2	example	example	NOUN
faba-239	86	3	,	,	PUNCT
faba-239	86	4	the	the	DET
faba-239	86	5	decreased	decrease	VERB
faba-239	86	6	eps	eps	PROPN
faba-239	86	7	after	after	ADP
faba-239	86	8	the	the	DET
faba-239	86	9	bursting	bursting	NOUN
faba-239	86	10	of	of	ADP
faba-239	86	11	the	the	DET
faba-239	86	12	internet	internet	NOUN
faba-239	86	13	bubble	bubble	NOUN
faba-239	86	14	in	in	ADP
faba-239	86	15	2001	2001	NUM
faba-239	86	16	is	be	AUX
faba-239	86	17	the	the	DET
faba-239	86	18	main	main	ADJ
faba-239	86	19	reason	reason	NOUN
faba-239	86	20	for	for	ADP
faba-239	86	21	the	the	DET
faba-239	86	22	relatively	relatively	ADV
faba-239	86	23	high	high	ADJ
faba-239	86	24	eps	eps	X
faba-239	86	25	geometric	geometric	ADJ
faba-239	86	26	average	average	ADJ
faba-239	86	27	growth	growth	NOUN
faba-239	86	28	rate	rate	NOUN
faba-239	86	29	of	of	ADP
faba-239	86	30	7.06	7.06	NUM
faba-239	86	31	%	%	NOUN
faba-239	86	32	for	for	ADP
faba-239	86	33	the	the	DET
faba-239	86	34	period	period	NOUN
faba-239	86	35	2001	2001	NUM
faba-239	86	36	-	-	SYM
faba-239	86	37	2023	2023	NUM
faba-239	86	38	.	.	PUNCT
faba-239	87	1	the	the	DET
faba-239	87	2	above	above	ADJ
faba-239	87	3	indicators	indicator	NOUN
faba-239	87	4	show	show	VERB
faba-239	87	5	that	that	SCONJ
faba-239	87	6	eps	ep	NOUN
faba-239	87	7	growth	growth	NOUN
faba-239	87	8	rate	rate	NOUN
faba-239	87	9	of	of	ADP
faba-239	87	10	6.97	6.97	NUM
faba-239	87	11	%	%	NOUN
faba-239	87	12	during	during	ADP
faba-239	87	13	the	the	DET
faba-239	87	14	last	last	ADJ
faba-239	87	15	eight	eight	NUM
faba-239	87	16	years	year	NOUN
faba-239	87	17	–	–	PUNCT
faba-239	87	18	from	from	ADP
faba-239	87	19	2015	2015	NUM
faba-239	87	20	to	to	ADP
faba-239	87	21	2023	2023	NUM
faba-239	87	22	,	,	PUNCT
faba-239	87	23	is	be	AUX
faba-239	87	24	in	in	ADP
faba-239	87	25	the	the	DET
faba-239	87	26	high	high	ADJ
faba-239	87	27	range	range	NOUN
faba-239	87	28	compared	compare	VERB
faba-239	87	29	to	to	ADP
faba-239	87	30	the	the	DET
faba-239	87	31	other	other	ADJ
faba-239	87	32	periods	period	NOUN
faba-239	87	33	.	.	PUNCT
faba-239	88	1	the	the	DET
faba-239	88	2	values	value	NOUN
faba-239	88	3	thus	thus	ADV
faba-239	88	4	obtained	obtain	VERB
faba-239	88	5	and	and	CCONJ
faba-239	88	6	presented	present	VERB
faba-239	88	7	in	in	ADP
faba-239	88	8	the	the	DET
faba-239	88	9	table	table	NOUN
faba-239	88	10	3	3	NUM
faba-239	88	11	show	show	VERB
faba-239	88	12	that	that	SCONJ
faba-239	88	13	in	in	ADP
faba-239	88	14	almost	almost	ADV
faba-239	88	15	each	each	PRON
faba-239	88	16	of	of	ADP
faba-239	88	17	the	the	DET
faba-239	88	18	above	above	ADJ
faba-239	88	19	periods	period	NOUN
faba-239	88	20	until	until	ADP
faba-239	88	21	2023	2023	NUM
faba-239	88	22	,	,	PUNCT
faba-239	88	23	the	the	DET
faba-239	88	24	average	average	ADJ
faba-239	88	25	annual	annual	ADJ
faba-239	88	26	rate	rate	NOUN
faba-239	88	27	of	of	ADP
faba-239	88	28	increase	increase	NOUN
faba-239	88	29	of	of	ADP
faba-239	88	30	the	the	DET
faba-239	88	31	market	market	NOUN
faba-239	88	32	value	value	NOUN
faba-239	88	33	of	of	ADP
faba-239	88	34	the	the	DET
faba-239	88	35	s&p	s&p	PROPN
faba-239	88	36	500	500	NUM
faba-239	88	37	index	index	NOUN
faba-239	88	38	is	be	AUX
faba-239	88	39	higher	high	ADJ
faba-239	88	40	than	than	ADP
faba-239	88	41	the	the	DET
faba-239	88	42	rate	rate	NOUN
faba-239	88	43	of	of	ADP
faba-239	88	44	increase	increase	NOUN
faba-239	88	45	of	of	ADP
faba-239	88	46	eps	eps	PROPN
faba-239	88	47	(	(	PUNCT
faba-239	88	48	column	column	NOUN
faba-239	88	49	4	4	NUM
faba-239	88	50	)	)	PUNCT
faba-239	88	51	.	.	PUNCT
faba-239	89	1	the	the	DET
faba-239	89	2	two	two	NUM
faba-239	89	3	exceptions	exception	NOUN
faba-239	89	4	are	be	AUX
faba-239	89	5	the	the	DET
faba-239	89	6	periods	period	NOUN
faba-239	89	7	1999	1999	NUM
faba-239	89	8	-	-	SYM
faba-239	89	9	2023	2023	NUM
faba-239	89	10	and	and	CCONJ
faba-239	89	11	2001	2001	NUM
faba-239	89	12	-	-	SYM
faba-239	89	13	2023	2023	NUM
faba-239	89	14	.	.	PUNCT
faba-239	90	1	all	all	DET
faba-239	90	2	other	other	ADJ
faba-239	90	3	things	thing	NOUN
faba-239	90	4	being	be	AUX
faba-239	90	5	equal	equal	ADJ
faba-239	90	6	,	,	PUNCT
faba-239	90	7	this	this	PRON
faba-239	90	8	could	could	AUX
faba-239	90	9	be	be	AUX
faba-239	90	10	used	use	VERB
faba-239	90	11	as	as	ADP
faba-239	90	12	an	an	DET
faba-239	90	13	argument	argument	NOUN
faba-239	90	14	that	that	SCONJ
faba-239	90	15	the	the	DET
faba-239	90	16	rise	rise	NOUN
faba-239	90	17	in	in	ADP
faba-239	90	18	the	the	DET
faba-239	90	19	value	value	NOUN
faba-239	90	20	of	of	ADP
faba-239	90	21	the	the	DET
faba-239	90	22	index	index	NOUN
faba-239	90	23	for	for	ADP
faba-239	90	24	most	most	ADJ
faba-239	90	25	of	of	ADP
faba-239	90	26	the	the	DET
faba-239	90	27	periods	period	NOUN
faba-239	90	28	is	be	AUX
faba-239	90	29	not	not	PART
faba-239	90	30	supported	support	VERB
faba-239	90	31	by	by	ADP
faba-239	90	32	a	a	DET
faba-239	90	33	parallel	parallel	ADJ
faba-239	90	34	rise	rise	NOUN
faba-239	90	35	in	in	ADP
faba-239	90	36	earnings	earning	NOUN
faba-239	90	37	per	per	ADP
faba-239	90	38	share	share	NOUN
faba-239	90	39	.	.	PUNCT
faba-239	91	1	this	this	PRON
faba-239	91	2	normally	normally	ADV
faba-239	91	3	results	result	VERB
faba-239	91	4	in	in	ADP
faba-239	91	5	increased	increase	VERB
faba-239	91	6	pe	pe	PROPN
faba-239	91	7	ratios	ratio	NOUN
faba-239	91	8	over	over	ADP
faba-239	91	9	time	time	NOUN
faba-239	91	10	.	.	PUNCT
faba-239	92	1	the	the	DET
faba-239	92	2	analysis	analysis	NOUN
faba-239	92	3	of	of	ADP
faba-239	92	4	stock	stock	NOUN
faba-239	92	5	market	market	NOUN
faba-239	92	6	performance	performance	NOUN
faba-239	92	7	inevitably	inevitably	ADV
faba-239	92	8	involves	involve	VERB
faba-239	92	9	market	market	NOUN
faba-239	92	10	ratios	ratio	NOUN
faba-239	92	11	,	,	PUNCT
faba-239	92	12	such	such	ADJ
faba-239	92	13	as	as	ADP
faba-239	92	14	pe	pe	PROPN
faba-239	92	15	,	,	PUNCT
faba-239	92	16	pbv	pbv	VERB
faba-239	92	17	,	,	PUNCT
faba-239	92	18	ps	ps	PROPN
faba-239	92	19	and	and	CCONJ
faba-239	92	20	others	other	NOUN
faba-239	92	21	.	.	PUNCT
faba-239	93	1	the	the	DET
faba-239	93	2	market	market	NOUN
faba-239	93	3	ratios	ratio	NOUN
faba-239	93	4	are	be	AUX
faba-239	93	5	widely	widely	ADV
faba-239	93	6	used	use	VERB
faba-239	93	7	,	,	PUNCT
faba-239	93	8	but	but	CCONJ
faba-239	93	9	little	little	ADJ
faba-239	93	10	is	be	AUX
faba-239	93	11	written	write	VERB
faba-239	93	12	about	about	ADP
faba-239	93	13	them	they	PRON
faba-239	93	14	–	–	PUNCT
faba-239	93	15	they	they	PRON
faba-239	93	16	are	be	AUX
faba-239	93	17	not	not	PART
faba-239	93	18	explored	explore	VERB
faba-239	93	19	enough	enough	ADV
faba-239	93	20	in	in	ADP
faba-239	93	21	specialized	specialized	ADJ
faba-239	93	22	literature	literature	NOUN
faba-239	93	23	sources	source	NOUN
faba-239	93	24	(	(	PUNCT
faba-239	93	25	bagna	bagna	NOUN
faba-239	93	26	and	and	CCONJ
faba-239	93	27	ramusino	ramusino	PROPN
faba-239	93	28	2017	2017	NUM
faba-239	93	29	)	)	PUNCT
faba-239	93	30	.	.	PUNCT
faba-239	94	1	the	the	DET
faba-239	94	2	reason	reason	NOUN
faba-239	94	3	why	why	SCONJ
faba-239	94	4	they	they	PRON
faba-239	94	5	are	be	AUX
faba-239	94	6	widely	widely	ADV
faba-239	94	7	used	use	VERB
faba-239	94	8	is	be	AUX
faba-239	94	9	that	that	SCONJ
faba-239	94	10	these	these	DET
faba-239	94	11	market	market	NOUN
faba-239	94	12	ratios	ratio	NOUN
faba-239	94	13	(	(	PUNCT
faba-239	94	14	multiples	multiple	NOUN
faba-239	94	15	)	)	PUNCT
faba-239	94	16	are	be	AUX
faba-239	94	17	excellent	excellent	ADJ
faba-239	94	18	for	for	ADP
faba-239	94	19	comparing	compare	VERB
faba-239	94	20	among	among	ADP
faba-239	94	21	companies	company	NOUN
faba-239	94	22	,	,	PUNCT
faba-239	94	23	sectors	sector	NOUN
faba-239	94	24	and	and	CCONJ
faba-239	94	25	markets	market	NOUN
faba-239	94	26	,	,	PUNCT
faba-239	94	27	because	because	SCONJ
faba-239	94	28	they	they	PRON
faba-239	94	29	are	be	AUX
faba-239	94	30	“	"	PUNCT
faba-239	94	31	standardized	standardized	ADJ
faba-239	94	32	”	"	PUNCT
faba-239	94	33	stock	stock	NOUN
faba-239	94	34	prices	price	NOUN
faba-239	94	35	(	(	PUNCT
faba-239	94	36	damodaran	damodaran	VERB
faba-239	94	37	2012	2012	NUM
faba-239	94	38	)	)	PUNCT
faba-239	94	39	.	.	PUNCT
faba-239	95	1	in	in	ADP
faba-239	95	2	this	this	DET
faba-239	95	3	sense	sense	NOUN
faba-239	95	4	,	,	PUNCT
faba-239	95	5	the	the	DET
faba-239	95	6	question	question	NOUN
faba-239	95	7	of	of	ADP
faba-239	95	8	whether	whether	SCONJ
faba-239	95	9	current	current	ADJ
faba-239	95	10	stock	stock	NOUN
faba-239	95	11	market	market	NOUN
faba-239	95	12	levels	level	NOUN
faba-239	95	13	are	be	AUX
faba-239	95	14	too	too	ADV
faba-239	95	15	high	high	ADJ
faba-239	95	16	,	,	PUNCT
faba-239	95	17	can	can	AUX
faba-239	95	18	be	be	AUX
faba-239	95	19	transformed	transform	VERB
faba-239	95	20	into	into	ADP
faba-239	95	21	the	the	DET
faba-239	95	22	question	question	NOUN
faba-239	95	23	:	:	PUNCT
faba-239	95	24	is	be	AUX
faba-239	95	25	it	it	PRON
faba-239	95	26	normal	normal	ADJ
faba-239	95	27	for	for	ADP
faba-239	95	28	the	the	DET
faba-239	95	29	current	current	ADJ
faba-239	95	30	pe	pe	X
faba-239	95	31	and	and	CCONJ
faba-239	95	32	pbv	pbv	VERB
faba-239	95	33	ratios	ratio	NOUN
faba-239	95	34	of	of	ADP
faba-239	95	35	the	the	DET
faba-239	95	36	s&p	s&p	PROPN
faba-239	95	37	500	500	NUM
faba-239	95	38	to	to	PART
faba-239	95	39	be	be	AUX
faba-239	95	40	sufficiently	sufficiently	ADV
faba-239	95	41	higher	high	ADJ
faba-239	95	42	than	than	ADP
faba-239	95	43	their	their	PRON
faba-239	95	44	historical	historical	ADJ
faba-239	95	45	average	average	ADJ
faba-239	95	46	levels	level	NOUN
faba-239	95	47	?	?	PUNCT
faba-239	96	1	according	accord	VERB
faba-239	96	2	to	to	ADP
faba-239	96	3	the	the	DET
faba-239	96	4	supporters	supporter	NOUN
faba-239	96	5	of	of	ADP
faba-239	96	6	the	the	DET
faba-239	96	7	so	so	ADV
faba-239	96	8	called	call	VERB
faba-239	96	9	“	"	PUNCT
faba-239	96	10	new	new	ADJ
faba-239	96	11	era	era	NOUN
faba-239	96	12	”	"	PUNCT
faba-239	96	13	,	,	PUNCT
faba-239	96	14	“	"	PUNCT
faba-239	96	15	new	new	ADJ
faba-239	96	16	economy	economy	NOUN
faba-239	96	17	”	"	PUNCT
faba-239	96	18	,	,	PUNCT
faba-239	96	19	or	or	CCONJ
faba-239	96	20	“	"	PUNCT
faba-239	96	21	new	new	ADJ
faba-239	96	22	world	world	NOUN
faba-239	96	23	order	order	NOUN
faba-239	96	24	”	"	PUNCT
faba-239	96	25	(	(	PUNCT
faba-239	96	26	shiller	shiller	PROPN
faba-239	96	27	2014	2014	NUM
faba-239	96	28	)	)	PUNCT
faba-239	96	29	,	,	PUNCT
faba-239	96	30	the	the	DET
faba-239	96	31	answer	answer	NOUN
faba-239	96	32	should	should	AUX
faba-239	96	33	be	be	AUX
faba-239	96	34	affirmative	affirmative	ADJ
faba-239	96	35	.	.	PUNCT
faba-239	97	1	they	they	PRON
faba-239	97	2	explain	explain	VERB
faba-239	97	3	this	this	PRON
faba-239	97	4	with	with	ADP
faba-239	97	5	the	the	DET
faba-239	97	6	new	new	ADJ
faba-239	97	7	environment	environment	NOUN
faba-239	97	8	in	in	ADP
faba-239	97	9	which	which	PRON
faba-239	97	10	companies	company	NOUN
faba-239	97	11	operate	operate	VERB
faba-239	97	12	nowadays	nowadays	ADV
faba-239	97	13	and	and	CCONJ
faba-239	97	14	with	with	ADP
faba-239	97	15	the	the	DET
faba-239	97	16	changed	change	VERB
faba-239	97	17	structure	structure	NOUN
faba-239	97	18	of	of	ADP
faba-239	97	19	the	the	DET
faba-239	97	20	s&p	s&p	PROPN
faba-239	97	21	500	500	NUM
faba-239	97	22	and	and	CCONJ
faba-239	97	23	other	other	ADJ
faba-239	97	24	indexes	index	NOUN
faba-239	97	25	.	.	PUNCT
faba-239	98	1	these	these	DET
faba-239	98	2	indexes	index	NOUN
faba-239	98	3	are	be	AUX
faba-239	98	4	increasingly	increasingly	ADV
faba-239	98	5	dominated	dominate	VERB
faba-239	98	6	by	by	ADP
faba-239	98	7	large	large	ADJ
faba-239	98	8	technology	technology	NOUN
faba-239	98	9	companies	company	NOUN
faba-239	98	10	,	,	PUNCT
faba-239	98	11	for	for	ADP
faba-239	98	12	which	which	PRON
faba-239	98	13	many	many	ADJ
faba-239	98	14	analysts	analyst	NOUN
faba-239	98	15	believe	believe	VERB
faba-239	98	16	that	that	SCONJ
faba-239	98	17	it	it	PRON
faba-239	98	18	is	be	AUX
faba-239	98	19	normal	normal	ADJ
faba-239	98	20	for	for	SCONJ
faba-239	98	21	their	their	PRON
faba-239	98	22	market	market	NOUN
faba-239	98	23	ratios	ratio	NOUN
faba-239	98	24	to	to	PART
faba-239	98	25	be	be	AUX
faba-239	98	26	higher	high	ADJ
faba-239	98	27	than	than	ADP
faba-239	98	28	those	those	PRON
faba-239	98	29	in	in	ADP
faba-239	98	30	conventional	conventional	ADJ
faba-239	98	31	businesses	business	NOUN
faba-239	98	32	.	.	PUNCT
faba-239	99	1	as	as	ADP
faba-239	99	2	of	of	ADP
faba-239	99	3	august	august	PROPN
faba-239	99	4	15	15	NUM
faba-239	99	5	,	,	PUNCT
faba-239	99	6	2024	2024	NUM
faba-239	99	7	,	,	PUNCT
faba-239	99	8	the	the	DET
faba-239	99	9	breakdown	breakdown	NOUN
faba-239	99	10	by	by	ADP
faba-239	99	11	weight	weight	NOUN
faba-239	99	12	of	of	ADP
faba-239	99	13	the	the	DET
faba-239	99	14	top	top	ADJ
faba-239	99	15	10	10	NUM
faba-239	99	16	sectors	sector	NOUN
faba-239	99	17	of	of	ADP
faba-239	99	18	s&p	s&p	PROPN
faba-239	99	19	500	500	NUM
faba-239	99	20	is	be	AUX
faba-239	99	21	as	as	SCONJ
faba-239	99	22	follows	follow	VERB
faba-239	99	23	(	(	PUNCT
faba-239	99	24	tun	tun	NOUN
faba-239	99	25	2024	2024	NUM
faba-239	99	26	):	):	PUNCT
faba-239	99	27	information	information	NOUN
faba-239	99	28	technology	technology	NOUN
faba-239	99	29	:	:	PUNCT
faba-239	99	30	31.87	31.87	NUM
faba-239	99	31	%	%	NOUN
faba-239	99	32	(	(	PUNCT
faba-239	99	33	up	up	ADV
faba-239	99	34	from	from	ADP
faba-239	99	35	24.4	24.4	NUM
faba-239	99	36	%	%	NOUN
faba-239	99	37	in	in	ADP
faba-239	99	38	the	the	DET
faba-239	99	39	middle	middle	NOUN
faba-239	99	40	of	of	ADP
faba-239	99	41	2020	2020	NUM
faba-239	99	42	)	)	PUNCT
faba-239	99	43	health	health	NOUN
faba-239	99	44	care	care	NOUN
faba-239	99	45	:	:	PUNCT
faba-239	99	46	12.26	12.26	NUM
faba-239	99	47	%	%	NOUN
faba-239	99	48	financials	financial	NOUN
faba-239	99	49	:	:	PUNCT
faba-239	99	50	12.56	12.56	NUM
faba-239	99	51	%	%	NOUN
faba-239	99	52	communication	communication	NOUN
faba-239	99	53	services	service	NOUN
faba-239	99	54	:	:	PUNCT
faba-239	99	55	9.07	9.07	NUM
faba-239	99	56	%	%	NOUN
faba-239	99	57	consumer	consumer	NOUN
faba-239	99	58	discretionary	discretionary	NOUN
faba-239	99	59	:	:	PUNCT
faba-239	99	60	9.68	9.68	NUM
faba-239	99	61	%	%	NOUN
faba-239	99	62	industrials	industrial	NOUN
faba-239	99	63	:	:	PUNCT
faba-239	99	64	7.86	7.86	NUM
faba-239	99	65	%	%	NOUN
faba-239	99	66	consumer	consumer	NOUN
faba-239	99	67	staples	staple	NOUN
faba-239	99	68	:	:	PUNCT
faba-239	99	69	6.05	6.05	NUM
faba-239	99	70	%	%	NOUN
faba-239	99	71	energy	energy	NOUN
faba-239	99	72	:	:	PUNCT
faba-239	99	73	3.70	3.70	NUM
faba-239	99	74	%	%	NOUN
faba-239	99	75	utilities	utility	NOUN
faba-239	99	76	:	:	PUNCT
faba-239	99	77	2.59	2.59	NUM
faba-239	99	78	%	%	NOUN
faba-239	99	79	real	real	ADJ
faba-239	99	80	estate	estate	NOUN
faba-239	99	81	:	:	PUNCT
faba-239	99	82	2.37	2.37	NUM
faba-239	99	83	%	%	NOUN
faba-239	99	84	the	the	DET
faba-239	99	85	information	information	NOUN
faba-239	99	86	technology	technology	NOUN
faba-239	99	87	sector	sector	NOUN
faba-239	99	88	stands	stand	VERB
faba-239	99	89	out	out	ADP
faba-239	99	90	with	with	ADP
faba-239	99	91	its	its	PRON
faba-239	99	92	share	share	NOUN
faba-239	99	93	of	of	ADP
faba-239	99	94	31.87	31.87	NUM
faba-239	99	95	%	%	NOUN
faba-239	99	96	.	.	PUNCT
faba-239	100	1	this	this	DET
faba-239	100	2	share	share	NOUN
faba-239	100	3	increased	increase	VERB
faba-239	100	4	significantly	significantly	ADV
faba-239	100	5	from	from	ADP
faba-239	100	6	2020	2020	NUM
faba-239	100	7	,	,	PUNCT
faba-239	100	8	when	when	SCONJ
faba-239	100	9	it	it	PRON
faba-239	100	10	was	be	AUX
faba-239	100	11	24.4	24.4	NUM
faba-239	100	12	%	%	NOUN
faba-239	100	13	.	.	PUNCT
faba-239	101	1	among	among	ADP
faba-239	101	2	the	the	DET
faba-239	101	3	largest	large	ADJ
faba-239	101	4	in	in	ADP
faba-239	101	5	the	the	DET
faba-239	101	6	s&p	s&p	PROPN
faba-239	101	7	500	500	NUM
faba-239	101	8	are	be	AUX
faba-239	101	9	the	the	DET
faba-239	101	10	technology	technology	NOUN
faba-239	101	11	companies	company	NOUN
faba-239	101	12	from	from	ADP
faba-239	101	13	the	the	DET
faba-239	101	14	group	group	NOUN
faba-239	101	15	of	of	ADP
faba-239	101	16	“	"	PUNCT
faba-239	101	17	the	the	DET
faba-239	101	18	magnificent	magnificent	ADJ
faba-239	101	19	seven	seven	NUM
faba-239	101	20	”	"	PUNCT
faba-239	101	21	(	(	PUNCT
faba-239	101	22	apple	apple	NOUN
faba-239	101	23	,	,	PUNCT
faba-239	101	24	amazon	amazon	PROPN
faba-239	101	25	,	,	PUNCT
faba-239	101	26	microsoft	microsoft	PROPN
faba-239	101	27	,	,	PUNCT
faba-239	101	28	alphabet	alphabet	PROPN
faba-239	101	29	,	,	PUNCT
faba-239	101	30	meta	meta	PROPN
faba-239	101	31	platforms	platform	NOUN
faba-239	101	32	,	,	PUNCT
faba-239	101	33	nvidia	nvidia	PROPN
faba-239	101	34	,	,	PUNCT
faba-239	101	35	tesla	tesla	PROPN
faba-239	101	36	)	)	PUNCT
faba-239	101	37	.	.	PUNCT
faba-239	102	1	the	the	DET
faba-239	102	2	abbreviation	abbreviation	NOUN
faba-239	102	3	that	that	PRON
faba-239	102	4	will	will	AUX
faba-239	102	5	be	be	AUX
faba-239	102	6	used	use	VERB
faba-239	102	7	further	far	ADV
faba-239	102	8	for	for	ADP
faba-239	102	9	the	the	DET
faba-239	102	10	group	group	NOUN
faba-239	102	11	as	as	ADP
faba-239	102	12	a	a	DET
faba-239	102	13	whole	whole	NOUN
faba-239	102	14	is	be	AUX
faba-239	102	15	aamamnt	aamamnt	NOUN
faba-239	102	16	.	.	PUNCT
faba-239	103	1	with	with	ADP
faba-239	103	2	total	total	ADJ
faba-239	103	3	freefloat	freefloat	ADJ
faba-239	103	4	market	market	NOUN
faba-239	103	5	capitalization	capitalization	NOUN
faba-239	103	6	of	of	ADP
faba-239	103	7	$	$	SYM
faba-239	103	8	13.79	13.79	NUM
faba-239	103	9	trillion	trillion	NUM
faba-239	103	10	at	at	ADP
faba-239	103	11	the	the	DET
faba-239	103	12	beginning	beginning	NOUN
faba-239	103	13	of	of	ADP
faba-239	103	14	september	september	PROPN
faba-239	103	15	2024	2024	NUM
faba-239	103	16	,	,	PUNCT
faba-239	103	17	aamamnt	aamamnt	NOUN
faba-239	103	18	companies	company	NOUN
faba-239	103	19	represent	represent	VERB
faba-239	103	20	about	about	ADV
faba-239	103	21	30	30	NUM
faba-239	103	22	%	%	NOUN
faba-239	103	23	of	of	ADP
faba-239	103	24	the	the	DET
faba-239	103	25	total	total	ADJ
faba-239	103	26	market	market	NOUN
faba-239	103	27	capitalization	capitalization	NOUN
faba-239	103	28	of	of	ADP
faba-239	103	29	the	the	DET
faba-239	103	30	s&p	s&p	PROPN
faba-239	103	31	500	500	NUM
faba-239	103	32	.	.	PUNCT
faba-239	104	1	the	the	DET
faba-239	104	2	rest	rest	NOUN
faba-239	104	3	70	70	NUM
faba-239	104	4	%	%	NOUN
faba-239	104	5	of	of	ADP
faba-239	104	6	the	the	DET
faba-239	104	7	total	total	ADJ
faba-239	104	8	market	market	NOUN
faba-239	104	9	capitalization	capitalization	NOUN
faba-239	104	10	of	of	ADP
faba-239	104	11	s&p	s&p	PROPN
faba-239	104	12	500	500	NUM
faba-239	104	13	belong	belong	VERB
faba-239	104	14	to	to	ADP
faba-239	104	15	the	the	DET
faba-239	104	16	rest	rest	NOUN
faba-239	104	17	493	493	NUM
faba-239	104	18	companies	company	NOUN
faba-239	104	19	included	include	VERB
faba-239	104	20	in	in	ADP
faba-239	104	21	the	the	DET
faba-239	104	22	index	index	NOUN
faba-239	104	23	.	.	PUNCT
faba-239	105	1	this	this	PRON
faba-239	105	2	explains	explain	VERB
faba-239	105	3	the	the	DET
faba-239	105	4	key	key	ADJ
faba-239	105	5	contribution	contribution	NOUN
faba-239	105	6	of	of	ADP
faba-239	105	7	the	the	DET
faba-239	105	8	aamamnt	aamamnt	NOUN
faba-239	105	9	companies	company	NOUN
faba-239	105	10	to	to	ADP
faba-239	105	11	the	the	DET
faba-239	105	12	important	important	ADJ
faba-239	105	13	indicators	indicator	NOUN
faba-239	105	14	of	of	ADP
faba-239	105	15	the	the	DET
faba-239	105	16	s&p	s&p	PROPN
faba-239	105	17	500	500	NUM
faba-239	105	18	as	as	ADP
faba-239	105	19	a	a	DET
faba-239	105	20	whole	whole	NOUN
faba-239	105	21	.	.	PUNCT
faba-239	106	1	for	for	ADP
faba-239	106	2	example	example	NOUN
faba-239	106	3	,	,	PUNCT
faba-239	106	4	the	the	DET
faba-239	106	5	total	total	ADJ
faba-239	106	6	return	return	NOUN
faba-239	106	7	of	of	ADP
faba-239	106	8	the	the	DET
faba-239	106	9	s&p	s&p	PROPN
faba-239	106	10	500	500	NUM
faba-239	106	11	from	from	ADP
faba-239	106	12	the	the	DET
faba-239	106	13	beginning	beginning	NOUN
faba-239	106	14	of	of	ADP
faba-239	106	15	2024	2024	NUM
faba-239	106	16	until	until	ADP
faba-239	106	17	june	june	PROPN
faba-239	106	18	13	13	NUM
faba-239	106	19	,	,	PUNCT
faba-239	106	20	2024	2024	NUM
faba-239	106	21	was	be	AUX
faba-239	106	22	14.65	14.65	NUM
faba-239	106	23	%	%	NOUN
faba-239	106	24	.	.	PUNCT
faba-239	107	1	the	the	DET
faba-239	107	2	major	major	ADJ
faba-239	107	3	contribution	contribution	NOUN
faba-239	107	4	to	to	ADP
faba-239	107	5	this	this	DET
faba-239	107	6	impressive	impressive	ADJ
faba-239	107	7	half	half	ADJ
faba-239	107	8	-	-	PUNCT
faba-239	107	9	year	year	NOUN
faba-239	107	10	return	return	NOUN
faba-239	107	11	came	come	VERB
faba-239	107	12	from	from	ADP
faba-239	107	13	the	the	DET
faba-239	107	14	companies	company	NOUN
faba-239	107	15	in	in	ADP
faba-239	107	16	table	table	NOUN
faba-239	107	17	4	4	NUM
faba-239	107	18	(	(	PUNCT
faba-239	107	19	conte	conte	NOUN
faba-239	107	20	2024	2024	NUM
faba-239	107	21	)	)	PUNCT
faba-239	107	22	.	.	PUNCT
faba-239	108	1	out	out	ADP
faba-239	108	2	of	of	ADP
faba-239	108	3	the	the	DET
faba-239	108	4	10	10	NUM
faba-239	108	5	companies	company	NOUN
faba-239	108	6	with	with	ADP
faba-239	108	7	the	the	DET
faba-239	108	8	greatest	great	ADJ
faba-239	108	9	contribution	contribution	NOUN
faba-239	108	10	to	to	ADP
faba-239	108	11	the	the	DET
faba-239	108	12	total	total	ADJ
faba-239	108	13	return	return	NOUN
faba-239	108	14	of	of	ADP
faba-239	108	15	14.65	14.65	NUM
faba-239	108	16	%	%	NOUN
faba-239	108	17	during	during	ADP
faba-239	108	18	this	this	DET
faba-239	108	19	period	period	NOUN
faba-239	108	20	,	,	PUNCT
faba-239	108	21	6	6	NUM
faba-239	108	22	companies	company	NOUN
faba-239	108	23	belong	belong	VERB
faba-239	108	24	to	to	ADP
faba-239	108	25	the	the	DET
faba-239	108	26	group	group	NOUN
faba-239	108	27	of	of	ADP
faba-239	108	28	“	"	PUNCT
faba-239	108	29	the	the	DET
faba-239	108	30	magnificent	magnificent	ADJ
faba-239	108	31	seven	seven	NUM
faba-239	108	32	”	"	PUNCT
faba-239	108	33	.	.	PUNCT
faba-239	109	1	only	only	ADV
faba-239	109	2	tesla	tesla	PROPN
faba-239	109	3	is	be	AUX
faba-239	109	4	not	not	PART
faba-239	109	5	there	there	ADV
faba-239	109	6	,	,	PUNCT
faba-239	109	7	because	because	SCONJ
faba-239	109	8	of	of	ADP
faba-239	109	9	the	the	DET
faba-239	109	10	serious	serious	ADJ
faba-239	109	11	decline	decline	NOUN
faba-239	109	12	of	of	ADP
faba-239	109	13	their	their	PRON
faba-239	109	14	stock	stock	NOUN
faba-239	109	15	during	during	ADP
faba-239	109	16	that	that	DET
faba-239	109	17	period	period	NOUN
faba-239	109	18	(	(	PUNCT
faba-239	109	19	di	di	NOUN
faba-239	109	20	pizio	pizio	NOUN
faba-239	109	21	2024	2024	NUM
faba-239	109	22	)	)	PUNCT
faba-239	109	23	.	.	PUNCT
faba-239	110	1	these	these	DET
faba-239	110	2	six	six	NUM
faba-239	110	3	large	large	ADJ
faba-239	110	4	technology	technology	NOUN
faba-239	110	5	companies	company	NOUN
faba-239	110	6	account	account	VERB
faba-239	110	7	for	for	ADP
faba-239	110	8	9.52	9.52	NUM
faba-239	110	9	percentage	percentage	NOUN
faba-239	110	10	points	point	NOUN
faba-239	110	11	of	of	ADP
faba-239	110	12	the	the	DET
faba-239	110	13	total	total	ADJ
faba-239	110	14	s&p	s&p	PROPN
faba-239	110	15	500	500	NUM
faba-239	110	16	growth	growth	NOUN
faba-239	110	17	of	of	ADP
faba-239	110	18	14.52	14.52	NUM
faba-239	110	19	%	%	NOUN
faba-239	110	20	.	.	PUNCT
faba-239	111	1	in	in	ADP
faba-239	111	2	other	other	ADJ
faba-239	111	3	words	word	NOUN
faba-239	111	4	,	,	PUNCT
faba-239	111	5	these	these	DET
faba-239	111	6	6	6	NUM
faba-239	111	7	companies	company	NOUN
faba-239	111	8	“	"	PUNCT
faba-239	111	9	produced	produce	VERB
faba-239	111	10	”	"	PUNCT
faba-239	111	11	65.56	65.56	NUM
faba-239	111	12	%	%	NOUN
faba-239	111	13	of	of	ADP
faba-239	111	14	the	the	DET
faba-239	111	15	total	total	ADJ
faba-239	111	16	growth	growth	NOUN
faba-239	111	17	of	of	ADP
faba-239	111	18	the	the	DET
faba-239	111	19	index	index	NOUN
faba-239	111	20	during	during	ADP
faba-239	111	21	the	the	DET
faba-239	111	22	period	period	NOUN
faba-239	111	23	.	.	PUNCT
faba-239	112	1	dimiter	dimiter	NOUN
faba-239	112	2	nenkov	nenkov	PROPN
faba-239	112	3	/	/	SYM
faba-239	112	4	finance	finance	NOUN
faba-239	112	5	,	,	PUNCT
faba-239	112	6	accounting	accounting	NOUN
faba-239	112	7	and	and	CCONJ
faba-239	112	8	business	business	NOUN
faba-239	112	9	analysis	analysis	NOUN
faba-239	112	10	,	,	PUNCT
faba-239	112	11	volume	volume	NOUN
faba-239	112	12	6	6	NUM
faba-239	112	13	,	,	PUNCT
faba-239	112	14	issue	issue	NOUN
faba-239	112	15	2	2	NUM
faba-239	112	16	,	,	PUNCT
faba-239	112	17	2024	2024	NUM
faba-239	112	18	185	185	NUM
faba-239	112	19	table	table	NOUN
faba-239	112	20	4	4	NUM
faba-239	112	21	.	.	PUNCT
faba-239	112	22	contribution	contribution	NOUN
faba-239	112	23	to	to	ADP
faba-239	112	24	s&p	s&p	PROPN
faba-239	112	25	500	500	NUM
faba-239	112	26	return	return	NOUN
faba-239	112	27	by	by	ADP
faba-239	112	28	companies	company	NOUN
faba-239	112	29	(	(	PUNCT
faba-239	112	30	1	1	NUM
faba-239	112	31	jan	jan	PROPN
faba-239	112	32	,	,	PUNCT
faba-239	112	33	2024	2024	NUM
faba-239	112	34	13	13	NUM
faba-239	112	35	june	june	PROPN
faba-239	112	36	,	,	PUNCT
faba-239	112	37	2024	2024	NUM
faba-239	112	38	)	)	PUNCT
faba-239	112	39	rank	rank	NOUN
faba-239	112	40	company	company	NOUN
faba-239	112	41	ticker	ticker	NOUN
faba-239	112	42	contribution	contribution	NOUN
faba-239	112	43	to	to	ADP
faba-239	112	44	s&p	s&p	PROPN
faba-239	112	45	500	500	NUM
faba-239	112	46	return	return	NOUN
faba-239	112	47	january	january	PROPN
faba-239	112	48	1	1	NUM
faba-239	112	49	june	june	PROPN
faba-239	112	50	13	13	NUM
faba-239	112	51	,	,	PUNCT
faba-239	112	52	2024	2024	NUM
faba-239	112	53	1	1	NUM
faba-239	112	54	nvidia	nvidia	PROPN
faba-239	112	55	nvda	nvda	NOUN
faba-239	112	56	4.94	4.94	NUM
faba-239	112	57	%	%	NOUN
faba-239	112	58	2	2	NUM
faba-239	112	59	microsoft	microsoft	PROPN
faba-239	112	60	msft	msft	NOUN
faba-239	112	61	1.24	1.24	NUM
faba-239	112	62	%	%	NOUN
faba-239	112	63	3	3	NUM
faba-239	112	64	alphabet	alphabet	NOUN
faba-239	112	65	googl	googl	NOUN
faba-239	112	66	0.97	0.97	NUM
faba-239	112	67	%	%	NOUN
faba-239	112	68	4	4	NUM
faba-239	112	69	meta	meta	X
faba-239	112	70	meta	meta	X
faba-239	112	71	0.84	0.84	NUM
faba-239	112	72	%	%	NOUN
faba-239	112	73	5	5	NUM
faba-239	112	74	apple	apple	NOUN
faba-239	112	75	aapl	aapl	NOUN
faba-239	112	76	0.81	0.81	NUM
faba-239	112	77	%	%	NOUN
faba-239	112	78	6	6	NUM
faba-239	112	79	amazon	amazon	NOUN
faba-239	112	80	amzn	amzn	NOUN
faba-239	112	81	0.72	0.72	NUM
faba-239	112	82	%	%	NOUN
faba-239	112	83	7	7	NUM
faba-239	112	84	broadcom	broadcom	NOUN
faba-239	112	85	avgo	avgo	PROPN
faba-239	112	86	0.62	0.62	NUM
faba-239	112	87	%	%	NOUN
faba-239	112	88	8	8	NUM
faba-239	112	89	eli	eli	PROPN
faba-239	112	90	lilly	lilly	PROPN
faba-239	112	91	&	&	CCONJ
faba-239	112	92	co.	co.	PROPN
faba-239	112	93	lly	lly	ADV
faba-239	112	94	0.60	0.60	NUM
faba-239	112	95	%	%	NOUN
faba-239	112	96	9	9	NUM
faba-239	112	97	berkshire	berkshire	NOUN
faba-239	112	98	hathaway	hathaway	NOUN
faba-239	113	1	brk.b	brk.b	PROPN
faba-239	113	2	0.22	0.22	NUM
faba-239	113	3	%	%	NOUN
faba-239	113	4	10	10	NUM
faba-239	113	5	qualcomm	qualcomm	NOUN
faba-239	113	6	qcom	qcom	NOUN
faba-239	113	7	0.21	0.21	NUM
faba-239	113	8	%	%	NOUN
faba-239	113	9	subtotal	subtotal	NOUN
faba-239	113	10	:	:	PUNCT
faba-239	113	11	first	first	ADV
faba-239	113	12	6	6	NUM
faba-239	113	13	companies	company	NOUN
faba-239	113	14	9.52	9.52	NUM
faba-239	113	15	%	%	NOUN
faba-239	113	16	total	total	NOUN
faba-239	113	17	:	:	PUNCT
faba-239	113	18	10	10	NUM
faba-239	113	19	companies	company	NOUN
faba-239	113	20	11.17	11.17	NUM
faba-239	113	21	%	%	NOUN
faba-239	113	22	total	total	ADJ
faba-239	113	23	s&p	s&p	PROPN
faba-239	113	24	500	500	NUM
faba-239	113	25	return	return	NOUN
faba-239	113	26	:	:	PUNCT
faba-239	113	27	jan	jan	PROPN
faba-239	113	28	1	1	NUM
faba-239	113	29	,	,	PUNCT
faba-239	113	30	2024	2024	NUM
faba-239	113	31	13	13	NUM
faba-239	113	32	june	june	NOUN
faba-239	113	33	,	,	PUNCT
faba-239	113	34	2024	2024	NUM
faba-239	113	35	14.65	14.65	NUM
faba-239	113	36	%	%	NOUN
faba-239	113	37	source	source	NOUN
faba-239	113	38	:	:	PUNCT
faba-239	113	39	calculations	calculation	NOUN
faba-239	113	40	of	of	ADP
faba-239	113	41	the	the	DET
faba-239	113	42	author	author	NOUN
faba-239	113	43	,	,	PUNCT
faba-239	113	44	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in2024	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in2024	PROPN
faba-239	113	45	the	the	DET
faba-239	113	46	aamamnt	aamamnt	NOUN
faba-239	113	47	companies	company	NOUN
faba-239	113	48	are	be	AUX
faba-239	113	49	among	among	ADP
faba-239	113	50	the	the	DET
faba-239	113	51	companies	company	NOUN
faba-239	113	52	that	that	PRON
faba-239	113	53	have	have	AUX
faba-239	113	54	recorded	record	VERB
faba-239	113	55	the	the	DET
faba-239	113	56	highest	high	ADJ
faba-239	113	57	growth	growth	NOUN
faba-239	113	58	rates	rate	NOUN
faba-239	113	59	of	of	ADP
faba-239	113	60	their	their	PRON
faba-239	113	61	share	share	NOUN
faba-239	113	62	prices	price	NOUN
faba-239	113	63	in	in	ADP
faba-239	113	64	recent	recent	ADJ
faba-239	113	65	years	year	NOUN
faba-239	113	66	and	and	CCONJ
faba-239	113	67	they	they	PRON
faba-239	113	68	have	have	AUX
faba-239	113	69	been	be	AUX
faba-239	113	70	pulling	pull	VERB
faba-239	113	71	up	up	ADP
faba-239	113	72	the	the	DET
faba-239	113	73	s&p	s&p	PROPN
faba-239	113	74	500	500	NUM
faba-239	113	75	.	.	PUNCT
faba-239	114	1	this	this	PRON
faba-239	114	2	is	be	AUX
faba-239	114	3	not	not	PART
faba-239	114	4	anything	anything	PRON
faba-239	114	5	new	new	ADJ
faba-239	114	6	.	.	PUNCT
faba-239	115	1	according	accord	VERB
faba-239	115	2	to	to	ADP
faba-239	115	3	jeffrey	jeffrey	PROPN
faba-239	115	4	gundlach	gundlach	PROPN
faba-239	115	5	of	of	ADP
faba-239	115	6	doubleline	doubleline	ADJ
faba-239	115	7	funds	fund	NOUN
faba-239	115	8	,	,	PUNCT
faba-239	115	9	during	during	ADP
faba-239	115	10	the	the	DET
faba-239	115	11	period	period	NOUN
faba-239	115	12	from	from	ADP
faba-239	115	13	the	the	DET
faba-239	115	14	beginning	beginning	NOUN
faba-239	115	15	of	of	ADP
faba-239	115	16	2015	2015	NUM
faba-239	115	17	until	until	ADP
faba-239	115	18	may	may	PROPN
faba-239	115	19	18	18	NUM
faba-239	115	20	,	,	PUNCT
faba-239	115	21	2020	2020	NUM
faba-239	115	22	,	,	PUNCT
faba-239	115	23	"	"	PUNCT
faba-239	115	24	the	the	DET
faba-239	115	25	super	super	ADJ
faba-239	115	26	6	6	NUM
faba-239	115	27	"	"	PUNCT
faba-239	115	28	of	of	ADP
faba-239	115	29	that	that	DET
faba-239	115	30	time	time	NOUN
faba-239	115	31	had	have	VERB
faba-239	115	32	a	a	DET
faba-239	115	33	huge	huge	ADJ
faba-239	115	34	impact	impact	NOUN
faba-239	115	35	on	on	ADP
faba-239	115	36	the	the	DET
faba-239	115	37	overall	overall	ADJ
faba-239	115	38	performance	performance	NOUN
faba-239	115	39	of	of	ADP
faba-239	115	40	the	the	DET
faba-239	115	41	s&p	s&p	PROPN
faba-239	115	42	500	500	NUM
faba-239	115	43	(	(	PUNCT
faba-239	115	44	mcgeeney	mcgeeney	NOUN
faba-239	115	45	2020	2020	NUM
faba-239	115	46	)	)	PUNCT
faba-239	115	47	.	.	PUNCT
faba-239	116	1	he	he	PRON
faba-239	116	2	illustrated	illustrate	VERB
faba-239	116	3	separately	separately	ADV
faba-239	116	4	the	the	DET
faba-239	116	5	performance	performance	NOUN
faba-239	116	6	of	of	ADP
faba-239	116	7	only	only	ADV
faba-239	116	8	the	the	DET
faba-239	116	9	six	six	NUM
faba-239	116	10	major	major	ADJ
faba-239	116	11	technology	technology	NOUN
faba-239	116	12	companies	company	NOUN
faba-239	116	13	as	as	ADP
faba-239	116	14	a	a	DET
faba-239	116	15	group	group	NOUN
faba-239	116	16	(	(	PUNCT
faba-239	116	17	faaanm	faaanm	PROPN
faba-239	116	18	facebook	facebook	NOUN
faba-239	116	19	,	,	PUNCT
faba-239	116	20	apple	apple	NOUN
faba-239	116	21	,	,	PUNCT
faba-239	116	22	alphabet	alphabet	NOUN
faba-239	116	23	,	,	PUNCT
faba-239	116	24	amazon	amazon	NOUN
faba-239	116	25	,	,	PUNCT
faba-239	116	26	netflix	netflix	PROPN
faba-239	116	27	,	,	PUNCT
faba-239	116	28	microsoft	microsoft	PROPN
faba-239	116	29	)	)	PUNCT
faba-239	116	30	and	and	CCONJ
faba-239	116	31	separately	separately	ADV
faba-239	116	32	the	the	DET
faba-239	116	33	group	group	NOUN
faba-239	116	34	of	of	ADP
faba-239	116	35	the	the	DET
faba-239	116	36	other	other	ADJ
faba-239	116	37	494	494	NUM
faba-239	116	38	companies	company	NOUN
faba-239	116	39	in	in	ADP
faba-239	116	40	the	the	DET
faba-239	116	41	s&p	s&p	PROPN
faba-239	116	42	500	500	NUM
faba-239	116	43	.	.	PUNCT
faba-239	117	1	the	the	DET
faba-239	117	2	results	result	NOUN
faba-239	117	3	of	of	ADP
faba-239	117	4	gundlah	gundlah	PROPN
faba-239	117	5	’s	’s	PART
faba-239	117	6	study	study	NOUN
faba-239	117	7	indicated	indicate	VERB
faba-239	117	8	that	that	SCONJ
faba-239	117	9	the	the	DET
faba-239	117	10	six	six	NUM
faba-239	117	11	of	of	ADP
faba-239	117	12	faaanm	faaanm	NOUN
faba-239	117	13	beat	beat	NOUN
faba-239	117	14	the	the	DET
faba-239	117	15	remaining	remain	VERB
faba-239	117	16	494	494	NUM
faba-239	117	17	companies	company	NOUN
faba-239	117	18	of	of	ADP
faba-239	117	19	the	the	DET
faba-239	117	20	s&p	s&p	PROPN
faba-239	117	21	500	500	NUM
faba-239	117	22	with	with	ADP
faba-239	117	23	a	a	DET
faba-239	117	24	striking	striking	ADJ
faba-239	117	25	difference	difference	NOUN
faba-239	117	26	.	.	PUNCT
faba-239	118	1	the	the	DET
faba-239	118	2	average	average	ADJ
faba-239	118	3	annual	annual	ADJ
faba-239	118	4	growth	growth	NOUN
faba-239	118	5	for	for	ADP
faba-239	118	6	the	the	DET
faba-239	118	7	period	period	NOUN
faba-239	118	8	of	of	ADP
faba-239	118	9	the	the	DET
faba-239	118	10	“	"	PUNCT
faba-239	118	11	super	super	ADJ
faba-239	118	12	six	six	NUM
faba-239	118	13	”	"	PUNCT
faba-239	118	14	was	be	AUX
faba-239	118	15	26.60	26.60	NUM
faba-239	118	16	%	%	NOUN
faba-239	118	17	against	against	ADP
faba-239	118	18	6.20	6.20	NUM
faba-239	118	19	%	%	NOUN
faba-239	118	20	for	for	ADP
faba-239	118	21	the	the	DET
faba-239	118	22	rest	rest	NOUN
faba-239	118	23	494	494	NUM
faba-239	118	24	companies	company	NOUN
faba-239	118	25	in	in	ADP
faba-239	118	26	the	the	DET
faba-239	118	27	index	index	NOUN
faba-239	118	28	(	(	PUNCT
faba-239	118	29	mcgeeney	mcgeeney	NOUN
faba-239	118	30	2020	2020	NUM
faba-239	118	31	)	)	PUNCT
faba-239	118	32	.	.	PUNCT
faba-239	119	1	the	the	DET
faba-239	119	2	polarization	polarization	NOUN
faba-239	119	3	became	become	VERB
faba-239	119	4	even	even	ADV
faba-239	119	5	stronger	strong	ADJ
faba-239	119	6	during	during	ADP
faba-239	119	7	the	the	DET
faba-239	119	8	covid-19	covid-19	PROPN
faba-239	119	9	crisis	crisis	NOUN
faba-239	119	10	in	in	ADP
faba-239	119	11	2020	2020	NUM
faba-239	119	12	,	,	PUNCT
faba-239	119	13	when	when	SCONJ
faba-239	119	14	these	these	DET
faba-239	119	15	technology	technology	NOUN
faba-239	119	16	giants	giant	NOUN
faba-239	119	17	mainly	mainly	ADV
faba-239	119	18	benefited	benefit	VERB
faba-239	119	19	from	from	ADP
faba-239	119	20	this	this	DET
faba-239	119	21	crisis	crisis	NOUN
faba-239	119	22	.	.	PUNCT
faba-239	120	1	with	with	ADP
faba-239	120	2	regard	regard	NOUN
faba-239	120	3	to	to	ADP
faba-239	120	4	this	this	PRON
faba-239	120	5	,	,	PUNCT
faba-239	120	6	damodaran	damodaran	VERB
faba-239	120	7	made	make	VERB
faba-239	120	8	the	the	DET
faba-239	120	9	conclusion	conclusion	NOUN
faba-239	120	10	“	"	PUNCT
faba-239	120	11	the	the	DET
faba-239	120	12	strong	strong	ADJ
faba-239	120	13	get	get	VERB
faba-239	120	14	stronger	strong	ADJ
faba-239	120	15	”	"	PUNCT
faba-239	120	16	(	(	PUNCT
faba-239	120	17	damodaran	damodaran	VERB
faba-239	120	18	2020	2020	NUM
faba-239	120	19	)	)	PUNCT
faba-239	120	20	.	.	PUNCT
faba-239	121	1	it	it	PRON
faba-239	121	2	is	be	AUX
faba-239	121	3	in	in	ADP
faba-239	121	4	this	this	DET
faba-239	121	5	connection	connection	NOUN
faba-239	121	6	that	that	SCONJ
faba-239	121	7	there	there	PRON
faba-239	121	8	were	be	VERB
faba-239	121	9	increasing	increase	VERB
faba-239	121	10	talks	talk	NOUN
faba-239	121	11	about	about	ADP
faba-239	121	12	a	a	DET
faba-239	121	13	"	"	PUNCT
faba-239	121	14	highly	highly	ADV
faba-239	121	15	polarized	polarize	VERB
faba-239	121	16	american	american	ADJ
faba-239	121	17	market	market	NOUN
faba-239	121	18	"	"	PUNCT
faba-239	121	19	(	(	PUNCT
faba-239	121	20	infostock	infostock	NOUN
faba-239	121	21	2020	2020	NUM
faba-239	121	22	)	)	PUNCT
faba-239	121	23	.	.	PUNCT
faba-239	122	1	the	the	DET
faba-239	122	2	aamamnt	aamamnt	NOUN
faba-239	122	3	companies	company	NOUN
faba-239	122	4	are	be	AUX
faba-239	122	5	the	the	DET
faba-239	122	6	leading	lead	VERB
faba-239	122	7	representatives	representative	NOUN
faba-239	122	8	of	of	ADP
faba-239	122	9	the	the	DET
faba-239	122	10	technology	technology	NOUN
faba-239	122	11	sector	sector	NOUN
faba-239	122	12	,	,	PUNCT
faba-239	122	13	which	which	PRON
faba-239	122	14	are	be	AUX
faba-239	122	15	traded	trade	VERB
faba-239	122	16	at	at	ADP
faba-239	122	17	high	high	ADJ
faba-239	122	18	market	market	NOUN
faba-239	122	19	ratios	ratio	NOUN
faba-239	122	20	,	,	PUNCT
faba-239	122	21	such	such	ADJ
faba-239	122	22	as	as	ADP
faba-239	122	23	pe	pe	PROPN
faba-239	122	24	,	,	PUNCT
faba-239	122	25	pbv	pbv	VERB
faba-239	122	26	and	and	CCONJ
faba-239	122	27	others	other	NOUN
faba-239	122	28	.	.	PUNCT
faba-239	123	1	given	give	VERB
faba-239	123	2	that	that	SCONJ
faba-239	123	3	the	the	DET
faba-239	123	4	s&p	s&p	PROPN
faba-239	123	5	500	500	NUM
faba-239	123	6	index	index	NOUN
faba-239	123	7	is	be	AUX
faba-239	123	8	market	market	NOUN
faba-239	123	9	-	-	PUNCT
faba-239	123	10	weighted	weight	VERB
faba-239	123	11	,	,	PUNCT
faba-239	123	12	the	the	DET
faba-239	123	13	companies	company	NOUN
faba-239	123	14	with	with	ADP
faba-239	123	15	the	the	DET
faba-239	123	16	highest	high	ADJ
faba-239	123	17	market	market	NOUN
faba-239	123	18	capitalization	capitalization	NOUN
faba-239	123	19	have	have	VERB
faba-239	123	20	the	the	DET
faba-239	123	21	greatest	great	ADJ
faba-239	123	22	weight	weight	NOUN
faba-239	123	23	in	in	ADP
faba-239	123	24	forming	form	VERB
faba-239	123	25	its	its	PRON
faba-239	123	26	averages	average	NOUN
faba-239	123	27	(	(	PUNCT
faba-239	123	28	including	include	VERB
faba-239	123	29	pe	pe	PRON
faba-239	123	30	and	and	CCONJ
faba-239	123	31	pbv	pbv	VERB
faba-239	123	32	ratios	ratio	NOUN
faba-239	123	33	)	)	PUNCT
faba-239	123	34	.	.	PUNCT
faba-239	124	1	this	this	PRON
faba-239	124	2	is	be	AUX
faba-239	124	3	used	use	VERB
faba-239	124	4	as	as	ADP
faba-239	124	5	one	one	NUM
faba-239	124	6	of	of	ADP
faba-239	124	7	the	the	DET
faba-239	124	8	strongest	strong	ADJ
faba-239	124	9	arguments	argument	NOUN
faba-239	124	10	in	in	ADP
faba-239	124	11	defense	defense	NOUN
faba-239	124	12	of	of	ADP
faba-239	124	13	the	the	DET
faba-239	124	14	"	"	PUNCT
faba-239	124	15	validity	validity	NOUN
faba-239	124	16	"	"	PUNCT
faba-239	124	17	of	of	ADP
faba-239	124	18	the	the	DET
faba-239	124	19	higher	high	ADJ
faba-239	124	20	current	current	NOUN
faba-239	124	21	pe	pe	X
faba-239	124	22	and	and	CCONJ
faba-239	124	23	pbv	pbv	VERB
faba-239	124	24	of	of	ADP
faba-239	124	25	the	the	DET
faba-239	124	26	s&p	s&p	PROPN
faba-239	124	27	500	500	NUM
faba-239	124	28	,	,	PUNCT
faba-239	124	29	compared	compare	VERB
faba-239	124	30	to	to	ADP
faba-239	124	31	their	their	PRON
faba-239	124	32	historical	historical	ADJ
faba-239	124	33	averages	average	NOUN
faba-239	124	34	.	.	PUNCT
faba-239	125	1	one	one	NUM
faba-239	125	2	of	of	ADP
faba-239	125	3	the	the	DET
faba-239	125	4	reasons	reason	NOUN
faba-239	125	5	why	why	SCONJ
faba-239	125	6	the	the	DET
faba-239	125	7	pe	pe	NOUN
faba-239	125	8	and	and	CCONJ
faba-239	125	9	pbv	pbv	VERB
faba-239	125	10	ratios	ratio	NOUN
faba-239	125	11	are	be	AUX
faba-239	125	12	in	in	ADP
faba-239	125	13	the	the	DET
faba-239	125	14	focus	focus	NOUN
faba-239	125	15	of	of	ADP
faba-239	125	16	the	the	DET
faba-239	125	17	study	study	NOUN
faba-239	125	18	is	be	AUX
faba-239	125	19	that	that	SCONJ
faba-239	125	20	they	they	PRON
faba-239	125	21	are	be	AUX
faba-239	125	22	among	among	ADP
faba-239	125	23	the	the	DET
faba-239	125	24	most	most	ADV
faba-239	125	25	widely	widely	ADV
faba-239	125	26	used	use	VERB
faba-239	125	27	(	(	PUNCT
faba-239	125	28	bancel	bancel	NOUN
faba-239	125	29	and	and	CCONJ
faba-239	125	30	mittoo	mittoo	NOUN
faba-239	125	31	2014	2014	NUM
faba-239	125	32	;	;	PUNCT
faba-239	125	33	fernandez	fernandez	PROPN
faba-239	125	34	2017	2017	NUM
faba-239	125	35	)	)	PUNCT
faba-239	125	36	.	.	PUNCT
faba-239	126	1	at	at	ADP
faba-239	126	2	the	the	DET
faba-239	126	3	same	same	ADJ
faba-239	126	4	time	time	NOUN
faba-239	126	5	,	,	PUNCT
faba-239	126	6	they	they	PRON
faba-239	126	7	are	be	AUX
faba-239	126	8	quite	quite	ADV
faba-239	126	9	suitable	suitable	ADJ
faba-239	126	10	when	when	SCONJ
faba-239	126	11	the	the	DET
faba-239	126	12	stock	stock	NOUN
faba-239	126	13	market	market	NOUN
faba-239	126	14	as	as	ADP
faba-239	126	15	a	a	DET
faba-239	126	16	whole	whole	NOUN
faba-239	126	17	is	be	AUX
faba-239	126	18	concerned	concern	VERB
faba-239	126	19	.	.	PUNCT
faba-239	127	1	analysis	analysis	NOUN
faba-239	127	2	of	of	ADP
faba-239	127	3	key	key	ADJ
faba-239	127	4	financial	financial	ADJ
faba-239	127	5	indicators	indicator	NOUN
faba-239	127	6	of	of	ADP
faba-239	127	7	the	the	DET
faba-239	127	8	“	"	PUNCT
faba-239	127	9	the	the	DET
faba-239	127	10	magnificent	magnificent	ADJ
faba-239	127	11	seven	seven	NUM
faba-239	127	12	”	"	PUNCT
faba-239	127	13	and	and	CCONJ
faba-239	127	14	the	the	DET
faba-239	127	15	s&p	s&p	PROPN
faba-239	127	16	500	500	NUM
faba-239	127	17	during	during	ADP
faba-239	127	18	the	the	DET
faba-239	127	19	period	period	NOUN
faba-239	127	20	2009	2009	NUM
faba-239	127	21	-	-	SYM
faba-239	127	22	2024	2024	NUM
faba-239	127	23	table	table	NOUN
faba-239	127	24	5	5	NUM
faba-239	127	25	presents	present	VERB
faba-239	127	26	the	the	DET
faba-239	127	27	price	price	NOUN
faba-239	127	28	-	-	PUNCT
faba-239	127	29	earnings	earning	NOUN
faba-239	127	30	(	(	PUNCT
faba-239	127	31	pe	pe	NOUN
faba-239	127	32	)	)	PUNCT
faba-239	127	33	ratios	ratio	NOUN
faba-239	127	34	of	of	ADP
faba-239	127	35	“	"	PUNCT
faba-239	127	36	the	the	DET
faba-239	127	37	magnificent	magnificent	ADJ
faba-239	127	38	seven	seven	NUM
faba-239	127	39	”	"	PUNCT
faba-239	127	40	companies	company	NOUN
faba-239	127	41	(	(	PUNCT
faba-239	127	42	aamamnt	aamamnt	NOUN
faba-239	127	43	)	)	PUNCT
faba-239	127	44	,	,	PUNCT
faba-239	127	45	including	include	VERB
faba-239	127	46	their	their	PRON
faba-239	127	47	average	average	ADJ
faba-239	127	48	values	value	NOUN
faba-239	127	49	for	for	ADP
faba-239	127	50	the	the	DET
faba-239	127	51	period	period	NOUN
faba-239	127	52	2009	2009	NUM
faba-239	127	53	-	-	SYM
faba-239	127	54	2024	2024	NUM
faba-239	127	55	and	and	CCONJ
faba-239	127	56	the	the	DET
faba-239	127	57	current	current	ADJ
faba-239	127	58	pe	pe	INTJ
faba-239	127	59	as	as	ADP
faba-239	127	60	of	of	ADP
faba-239	127	61	september	september	PROPN
faba-239	127	62	6	6	NUM
faba-239	127	63	,	,	PUNCT
faba-239	127	64	2024	2024	NUM
faba-239	127	65	.	.	PUNCT
faba-239	128	1	the	the	DET
faba-239	128	2	market	market	NOUN
faba-239	128	3	-	-	PUNCT
faba-239	128	4	cap	cap	NOUN
faba-239	128	5	weights	weight	NOUN
faba-239	128	6	of	of	ADP
faba-239	128	7	each	each	PRON
faba-239	128	8	of	of	ADP
faba-239	128	9	the	the	DET
faba-239	128	10	companies	company	NOUN
faba-239	128	11	within	within	ADP
faba-239	128	12	the	the	DET
faba-239	128	13	whole	whole	ADJ
faba-239	128	14	group	group	NOUN
faba-239	128	15	are	be	AUX
faba-239	128	16	also	also	ADV
faba-239	128	17	provided	provide	VERB
faba-239	128	18	,	,	PUNCT
faba-239	128	19	as	as	ADP
faba-239	128	20	of	of	ADP
faba-239	128	21	september	september	PROPN
faba-239	128	22	6	6	NUM
faba-239	128	23	,	,	PUNCT
faba-239	128	24	2024	2024	NUM
faba-239	128	25	.	.	PUNCT
faba-239	129	1	the	the	DET
faba-239	129	2	total	total	ADJ
faba-239	129	3	market	market	NOUN
faba-239	129	4	capitalization	capitalization	NOUN
faba-239	129	5	of	of	ADP
faba-239	129	6	the	the	DET
faba-239	129	7	7	7	NUM
faba-239	129	8	companies	company	NOUN
faba-239	129	9	amounts	amount	VERB
faba-239	129	10	to	to	ADP
faba-239	129	11	the	the	DET
faba-239	129	12	impressive	impressive	ADJ
faba-239	129	13	14.49	14.49	NUM
faba-239	129	14	trillion	trillion	NUM
faba-239	129	15	us	us	PROPN
faba-239	129	16	dollars	dollar	NOUN
faba-239	129	17	(	(	PUNCT
faba-239	129	18	and	and	CCONJ
faba-239	129	19	their	their	PRON
faba-239	129	20	free	free	ADJ
faba-239	129	21	-	-	PUNCT
faba-239	129	22	float	float	NOUN
faba-239	129	23	market	market	NOUN
faba-239	129	24	cap	cap	NOUN
faba-239	129	25	is	be	AUX
faba-239	129	26	$	$	SYM
faba-239	129	27	13.79	13.79	NUM
faba-239	129	28	trillion	trillion	NUM
faba-239	129	29	)	)	PUNCT
faba-239	129	30	.	.	PUNCT
faba-239	130	1	the	the	DET
faba-239	130	2	largest	large	ADJ
faba-239	130	3	weight	weight	NOUN
faba-239	130	4	belongs	belong	VERB
faba-239	130	5	to	to	ADP
faba-239	130	6	apple	apple	NOUN
faba-239	130	7	(	(	PUNCT
faba-239	130	8	23.34	23.34	NUM
faba-239	130	9	%	%	NOUN
faba-239	130	10	)	)	PUNCT
faba-239	130	11	,	,	PUNCT
faba-239	130	12	followed	follow	VERB
faba-239	130	13	by	by	ADP
faba-239	130	14	microsoft	microsoft	PROPN
faba-239	130	15	(	(	PUNCT
faba-239	130	16	20.61	20.61	NUM
faba-239	130	17	%	%	NOUN
faba-239	130	18	)	)	PUNCT
faba-239	130	19	and	and	CCONJ
faba-239	130	20	nvidia	nvidia	PROPN
faba-239	130	21	(	(	PUNCT
faba-239	130	22	17.41	17.41	NUM
faba-239	130	23	%	%	NOUN
faba-239	130	24	)	)	PUNCT
faba-239	130	25	.	.	PUNCT
faba-239	131	1	alphabet	alphabet	PROPN
faba-239	131	2	accounts	account	VERB
faba-239	131	3	for	for	ADP
faba-239	131	4	12.83	12.83	NUM
faba-239	131	5	%	%	NOUN
faba-239	131	6	,	,	PUNCT
faba-239	131	7	amazon	amazon	NOUN
faba-239	131	8	for	for	ADP
faba-239	131	9	12.42	12.42	NUM
faba-239	131	10	%	%	NOUN
faba-239	131	11	and	and	CCONJ
faba-239	131	12	meta	meta	ADJ
faba-239	131	13	platforms	platform	NOUN
faba-239	131	14	for	for	ADP
faba-239	131	15	8.74	8.74	NUM
faba-239	131	16	%	%	NOUN
faba-239	131	17	.	.	PUNCT
faba-239	132	1	the	the	DET
faba-239	132	2	lowest	low	ADJ
faba-239	132	3	weight	weight	NOUN
faba-239	132	4	is	be	AUX
faba-239	132	5	that	that	PRON
faba-239	132	6	of	of	ADP
faba-239	132	7	tesla	tesla	PROPN
faba-239	132	8	–	–	PUNCT
faba-239	132	9	4.65	4.65	NUM
faba-239	132	10	%	%	NOUN
faba-239	132	11	.	.	PUNCT
faba-239	133	1	regarding	regard	VERB
faba-239	133	2	the	the	DET
faba-239	133	3	average	average	ADJ
faba-239	133	4	pe	pe	NOUN
faba-239	133	5	for	for	ADP
faba-239	133	6	the	the	DET
faba-239	133	7	period	period	NOUN
faba-239	133	8	2009	2009	NUM
faba-239	133	9	-	-	SYM
faba-239	133	10	2024	2024	NUM
faba-239	133	11	,	,	PUNCT
faba-239	133	12	only	only	ADV
faba-239	133	13	apple	apple	NOUN
faba-239	133	14	has	have	VERB
faba-239	133	15	a	a	DET
faba-239	133	16	ratio	ratio	NOUN
faba-239	133	17	below	below	ADP
faba-239	133	18	20	20	NUM
faba-239	133	19	times	time	NOUN
faba-239	133	20	earnings	earning	NOUN
faba-239	133	21	19.06	19.06	NUM
faba-239	133	22	,	,	PUNCT
faba-239	133	23	which	which	PRON
faba-239	133	24	is	be	AUX
faba-239	133	25	close	close	ADJ
faba-239	133	26	to	to	ADP
faba-239	133	27	the	the	DET
faba-239	133	28	historic	historic	ADJ
faba-239	133	29	average	average	NOUN
faba-239	133	30	for	for	ADP
faba-239	133	31	s&p	s&p	PROPN
faba-239	133	32	500	500	NUM
faba-239	133	33	of	of	ADP
faba-239	133	34	about	about	ADV
faba-239	133	35	15	15	NUM
faba-239	133	36	to	to	PART
faba-239	133	37	17	17	NUM
faba-239	133	38	.	.	PUNCT
faba-239	134	1	microsoft	microsoft	PROPN
faba-239	134	2	has	have	VERB
faba-239	134	3	a	a	DET
faba-239	134	4	ratio	ratio	NOUN
faba-239	134	5	of	of	ADP
faba-239	134	6	24.55	24.55	NUM
faba-239	134	7	and	and	CCONJ
faba-239	134	8	alphabet	alphabet	NOUN
faba-239	134	9	has	have	VERB
faba-239	134	10	a	a	DET
faba-239	134	11	ratio	ratio	NOUN
faba-239	134	12	of	of	ADP
faba-239	134	13	27.45	27.45	NUM
faba-239	134	14	,	,	PUNCT
faba-239	134	15	quite	quite	ADV
faba-239	134	16	above	above	ADP
faba-239	134	17	the	the	DET
faba-239	134	18	historic	historic	ADJ
faba-239	134	19	average	average	NOUN
faba-239	134	20	.	.	PUNCT
faba-239	135	1	the	the	DET
faba-239	135	2	pes	pe	NOUN
faba-239	135	3	of	of	ADP
faba-239	135	4	meta	meta	PROPN
faba-239	135	5	platforms	platform	NOUN
faba-239	135	6	and	and	CCONJ
faba-239	135	7	nvidia	nvidia	PROPN
faba-239	135	8	are	be	AUX
faba-239	135	9	respectively	respectively	ADV
faba-239	135	10	37.60	37.60	NUM
faba-239	135	11	and	and	CCONJ
faba-239	135	12	42.61	42.61	NUM
faba-239	135	13	–	–	PUNCT
faba-239	135	14	too	too	ADV
faba-239	135	15	high	high	ADJ
faba-239	135	16	.	.	PUNCT
faba-239	136	1	the	the	DET
faba-239	136	2	pes	pe	NOUN
faba-239	136	3	of	of	ADP
faba-239	136	4	amazon	amazon	NOUN
faba-239	136	5	and	and	CCONJ
faba-239	136	6	tesla	tesla	PROPN
faba-239	136	7	are	be	AUX
faba-239	136	8	extremely	extremely	ADV
faba-239	136	9	high	high	ADJ
faba-239	136	10	–	–	PUNCT
faba-239	136	11	138.25	138.25	NUM
faba-239	136	12	and	and	CCONJ
faba-239	136	13	99.61	99.61	NUM
faba-239	136	14	respectively	respectively	ADV
faba-239	136	15	,	,	PUNCT
faba-239	136	16	which	which	PRON
faba-239	136	17	is	be	AUX
faba-239	136	18	mainly	mainly	ADV
faba-239	136	19	due	due	ADJ
faba-239	136	20	to	to	ADP
faba-239	136	21	the	the	DET
faba-239	136	22	low	low	PROPN
faba-239	136	23	eps	eps	PROPN
faba-239	136	24	in	in	ADP
faba-239	136	25	the	the	DET
faba-239	136	26	beginning	beginning	NOUN
faba-239	136	27	of	of	ADP
faba-239	136	28	the	the	DET
faba-239	136	29	analyzed	analyze	VERB
faba-239	136	30	period	period	NOUN
faba-239	136	31	.	.	PUNCT
faba-239	137	1	this	this	DET
faba-239	137	2	results	result	VERB
faba-239	137	3	in	in	ADP
faba-239	137	4	abnormally	abnormally	ADV
faba-239	137	5	high	high	ADJ
faba-239	137	6	pe	pe	X
faba-239	137	7	ratios	ratio	NOUN
faba-239	137	8	,	,	PUNCT
faba-239	137	9	due	due	ADP
faba-239	137	10	to	to	ADP
faba-239	137	11	the	the	DET
faba-239	137	12	counter	counter	NOUN
faba-239	137	13	-	-	NOUN
faba-239	137	14	movement	movement	NOUN
faba-239	137	15	rule	rule	NOUN
faba-239	137	16	identified	identify	VERB
faba-239	137	17	by	by	ADP
faba-239	137	18	nicholas	nicholas	PROPN
faba-239	137	19	molodvsky	molodvsky	PROPN
faba-239	137	20	(	(	PUNCT
faba-239	137	21	1995	1995	NUM
faba-239	137	22	)	)	PUNCT
faba-239	137	23	.	.	PUNCT
faba-239	138	1	the	the	DET
faba-239	138	2	arithmetic	arithmetic	ADJ
faba-239	138	3	average	average	NOUN
faba-239	138	4	for	for	ADP
faba-239	138	5	the	the	DET
faba-239	138	6	group	group	NOUN
faba-239	138	7	is	be	AUX
faba-239	138	8	55.59	55.59	NUM
faba-239	138	9	.	.	PUNCT
faba-239	139	1	more	more	ADJ
faba-239	139	2	representative	representative	NOUN
faba-239	139	3	,	,	PUNCT
faba-239	139	4	however	however	ADV
faba-239	139	5	,	,	PUNCT
faba-239	139	6	should	should	AUX
faba-239	139	7	be	be	AUX
faba-239	139	8	the	the	DET
faba-239	139	9	weighted	weight	VERB
faba-239	139	10	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024	NOUN
faba-239	139	11	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024	NOUN
faba-239	139	12	dimiter	dimiter	NOUN
faba-239	139	13	nenkov	nenkov	NOUN
faba-239	139	14	/	/	SYM
faba-239	139	15	finance	finance	NOUN
faba-239	139	16	,	,	PUNCT
faba-239	139	17	accounting	accounting	NOUN
faba-239	139	18	and	and	CCONJ
faba-239	139	19	business	business	NOUN
faba-239	139	20	analysis	analysis	NOUN
faba-239	139	21	,	,	PUNCT
faba-239	139	22	volume	volume	NOUN
faba-239	139	23	6	6	NUM
faba-239	139	24	,	,	PUNCT
faba-239	139	25	issue	issue	NOUN
faba-239	139	26	2	2	NUM
faba-239	139	27	,	,	PUNCT
faba-239	139	28	2024	2024	NUM
faba-239	139	29	186	186	NUM
faba-239	139	30	average	average	NOUN
faba-239	139	31	pe	pe	NOUN
faba-239	139	32	,	,	PUNCT
faba-239	139	33	which	which	PRON
faba-239	139	34	is	be	AUX
faba-239	139	35	45.53	45.53	NUM
faba-239	139	36	.	.	PUNCT
faba-239	140	1	in	in	ADP
faba-239	140	2	this	this	DET
faba-239	140	3	case	case	NOUN
faba-239	140	4	,	,	PUNCT
faba-239	140	5	the	the	DET
faba-239	140	6	weighted	weight	VERB
faba-239	140	7	averages	average	NOUN
faba-239	140	8	are	be	AUX
faba-239	140	9	used	use	VERB
faba-239	140	10	,	,	PUNCT
faba-239	140	11	because	because	SCONJ
faba-239	140	12	they	they	PRON
faba-239	140	13	most	most	ADV
faba-239	140	14	correctly	correctly	ADV
faba-239	140	15	take	take	VERB
faba-239	140	16	into	into	ADP
faba-239	140	17	account	account	NOUN
faba-239	140	18	the	the	DET
faba-239	140	19	influence	influence	NOUN
faba-239	140	20	of	of	ADP
faba-239	140	21	each	each	DET
faba-239	140	22	company	company	NOUN
faba-239	140	23	the	the	DET
faba-239	140	24	largest	large	ADJ
faba-239	140	25	is	be	AUX
faba-239	140	26	from	from	ADP
faba-239	140	27	those	those	PRON
faba-239	140	28	with	with	ADP
faba-239	140	29	the	the	DET
faba-239	140	30	highest	high	ADJ
faba-239	140	31	market	market	NOUN
faba-239	140	32	capitalization	capitalization	NOUN
faba-239	140	33	.	.	PUNCT
faba-239	141	1	this	this	PRON
faba-239	141	2	is	be	AUX
faba-239	141	3	in	in	ADP
faba-239	141	4	line	line	NOUN
faba-239	141	5	with	with	ADP
faba-239	141	6	the	the	DET
faba-239	141	7	nature	nature	NOUN
faba-239	141	8	of	of	ADP
faba-239	141	9	the	the	DET
faba-239	141	10	market	market	NOUN
faba-239	141	11	-	-	PUNCT
faba-239	141	12	weighted	weight	VERB
faba-239	141	13	s&p	s&p	PROPN
faba-239	141	14	500	500	NUM
faba-239	141	15	index	index	NOUN
faba-239	141	16	.	.	PUNCT
faba-239	142	1	as	as	SCONJ
faba-239	142	2	mentioned	mention	VERB
faba-239	142	3	in	in	ADP
faba-239	142	4	one	one	NUM
faba-239	142	5	of	of	ADP
faba-239	142	6	the	the	DET
faba-239	142	7	previous	previous	ADJ
faba-239	142	8	sections	section	NOUN
faba-239	142	9	,	,	PUNCT
faba-239	142	10	the	the	DET
faba-239	142	11	high	high	ADJ
faba-239	142	12	relative	relative	ADJ
faba-239	142	13	share	share	NOUN
faba-239	142	14	is	be	AUX
faba-239	142	15	the	the	DET
faba-239	142	16	main	main	ADJ
faba-239	142	17	reason	reason	NOUN
faba-239	142	18	for	for	ADP
faba-239	142	19	the	the	DET
faba-239	142	20	extremely	extremely	ADV
faba-239	142	21	strong	strong	ADJ
faba-239	142	22	influence	influence	NOUN
faba-239	142	23	of	of	ADP
faba-239	142	24	"	"	PUNCT
faba-239	142	25	the	the	DET
faba-239	142	26	magnificent	magnificent	ADJ
faba-239	142	27	seven	seven	NUM
faba-239	142	28	"	"	PUNCT
faba-239	142	29	on	on	ADP
faba-239	142	30	the	the	DET
faba-239	142	31	indicators	indicator	NOUN
faba-239	142	32	of	of	ADP
faba-239	142	33	the	the	DET
faba-239	142	34	whole	whole	ADJ
faba-239	142	35	index	index	NOUN
faba-239	142	36	.	.	PUNCT
faba-239	143	1	the	the	DET
faba-239	143	2	current	current	ADJ
faba-239	143	3	pe	pe	INTJ
faba-239	143	4	as	as	ADP
faba-239	143	5	of	of	ADP
faba-239	143	6	september	september	PROPN
faba-239	143	7	6	6	NUM
faba-239	143	8	,	,	PUNCT
faba-239	143	9	2024	2024	NUM
faba-239	143	10	is	be	AUX
faba-239	143	11	also	also	ADV
faba-239	143	12	predominantly	predominantly	ADV
faba-239	143	13	high	high	ADJ
faba-239	143	14	for	for	ADP
faba-239	143	15	the	the	DET
faba-239	143	16	companies	company	NOUN
faba-239	143	17	in	in	ADP
faba-239	143	18	the	the	DET
faba-239	143	19	group	group	NOUN
faba-239	143	20	.	.	PUNCT
faba-239	144	1	the	the	DET
faba-239	144	2	lowest	low	ADJ
faba-239	144	3	is	be	AUX
faba-239	144	4	23.15	23.15	NUM
faba-239	144	5	(	(	PUNCT
faba-239	144	6	alphabet	alphabet	NOUN
faba-239	144	7	)	)	PUNCT
faba-239	144	8	,	,	PUNCT
faba-239	144	9	followed	follow	VERB
faba-239	144	10	by	by	ADP
faba-239	144	11	25.54	25.54	NUM
faba-239	144	12	for	for	ADP
faba-239	144	13	meta	meta	ADJ
faba-239	144	14	platforms	platform	NOUN
faba-239	144	15	.	.	PUNCT
faba-239	145	1	the	the	DET
faba-239	145	2	highest	high	ADJ
faba-239	145	3	current	current	ADJ
faba-239	145	4	pe	pe	PROPN
faba-239	145	5	is	be	AUX
faba-239	145	6	that	that	PRON
faba-239	145	7	of	of	ADP
faba-239	145	8	nvidia	nvidia	PROPN
faba-239	145	9	–	–	PUNCT
faba-239	145	10	70.34	70.34	NUM
faba-239	145	11	.	.	PUNCT
faba-239	146	1	the	the	DET
faba-239	146	2	average	average	ADJ
faba-239	146	3	current	current	NOUN
faba-239	146	4	pe	pe	NOUN
faba-239	146	5	for	for	ADP
faba-239	146	6	the	the	DET
faba-239	146	7	group	group	NOUN
faba-239	146	8	(	(	PUNCT
faba-239	146	9	as	as	ADP
faba-239	146	10	a	a	DET
faba-239	146	11	weighted	weighted	ADJ
faba-239	146	12	average	average	NOUN
faba-239	146	13	)	)	PUNCT
faba-239	146	14	is	be	AUX
faba-239	146	15	40.15	40.15	NUM
faba-239	146	16	times	time	NOUN
faba-239	146	17	profit	profit	NOUN
faba-239	146	18	,	,	PUNCT
faba-239	146	19	almost	almost	ADV
faba-239	146	20	equal	equal	ADJ
faba-239	146	21	to	to	ADP
faba-239	146	22	the	the	DET
faba-239	146	23	weighted	weight	VERB
faba-239	146	24	average	average	NOUN
faba-239	146	25	for	for	ADP
faba-239	146	26	the	the	DET
faba-239	146	27	period	period	NOUN
faba-239	146	28	2009	2009	NUM
faba-239	146	29	-	-	SYM
faba-239	146	30	2024	2024	NUM
faba-239	146	31	of	of	ADP
faba-239	146	32	45.53	45.53	NUM
faba-239	146	33	.	.	PUNCT
faba-239	146	34	table	table	NOUN
faba-239	146	35	5	5	NUM
faba-239	146	36	.	.	PUNCT
faba-239	147	1	pe	pe	PROPN
faba-239	147	2	of	of	ADP
faba-239	147	3	aamamnt	aamamnt	NOUN
faba-239	147	4	companies	company	NOUN
faba-239	147	5	for	for	ADP
faba-239	147	6	the	the	DET
faba-239	147	7	period	period	NOUN
faba-239	147	8	2009	2009	NUM
faba-239	147	9	-	-	SYM
faba-239	147	10	2024	2024	NUM
faba-239	147	11	company	company	NOUN
faba-239	147	12	weight	weight	NOUN
faba-239	147	13	in	in	ADP
faba-239	147	14	aamamnt	aamamnt	PROPN
faba-239	147	15	average	average	NOUN
faba-239	147	16	pe	pe	PROPN
faba-239	147	17	20092024	20092024	NUM
faba-239	147	18	current	current	NOUN
faba-239	147	19	pe	pe	X
faba-239	147	20	/6	/6	PUNCT
faba-239	148	1	sep	sep	INTJ
faba-239	148	2	,	,	PUNCT
faba-239	148	3	2024/	2024/	NUM
faba-239	148	4	difference	difference	NOUN
faba-239	148	5	(	(	PUNCT
faba-239	148	6	%	%	INTJ
faba-239	148	7	)	)	PUNCT
faba-239	148	8	apple	apple	NOUN
faba-239	148	9	23.34	23.34	NUM
faba-239	148	10	%	%	NOUN
faba-239	148	11	19.06	19.06	NUM
faba-239	148	12	33.61	33.61	NUM
faba-239	148	13	76.34	76.34	NUM
faba-239	148	14	%	%	NOUN
faba-239	148	15	amazon	amazon	NOUN
faba-239	148	16	12.42	12.42	NUM
faba-239	148	17	%	%	NOUN
faba-239	148	18	138.25	138.25	NUM
faba-239	148	19	41.00	41.00	NUM
faba-239	148	20	-70.34	-70.34	PROPN
faba-239	149	1	%	%	NOUN
faba-239	149	2	microsoft	microsoft	PROPN
faba-239	149	3	20.61	20.61	NUM
faba-239	149	4	%	%	NOUN
faba-239	149	5	24.55	24.55	NUM
faba-239	149	6	34.01	34.01	NUM
faba-239	149	7	38.52	38.52	NUM
faba-239	149	8	%	%	NOUN
faba-239	149	9	alphabet	alphabet	PROPN
faba-239	149	10	/	/	SYM
faba-239	149	11	google	google	PROPN
faba-239	149	12	/class	/class	PUNCT
faba-239	149	13	a/	a/	PROPN
faba-239	149	14	12.83	12.83	NUM
faba-239	149	15	%	%	NOUN
faba-239	149	16	27.45	27.45	NUM
faba-239	149	17	23.15	23.15	NUM
faba-239	149	18	-15.66	-15.66	PUNCT
faba-239	149	19	%	%	NOUN
faba-239	149	20	meta	meta	PROPN
faba-239	149	21	platforms	platform	NOUN
faba-239	149	22	/2012	/2012	PROPN
faba-239	149	23	-	-	SYM
faba-239	149	24	2024/	2024/	NUM
faba-239	149	25	8.74	8.74	NUM
faba-239	149	26	%	%	NOUN
faba-239	149	27	37.60	37.60	NUM
faba-239	149	28	25.54	25.54	NUM
faba-239	149	29	-32.07	-32.07	SYM
faba-239	149	30	%	%	NOUN
faba-239	149	31	nvidia	nvidia	PROPN
faba-239	149	32	17.41	17.41	NUM
faba-239	149	33	%	%	NOUN
faba-239	149	34	42.61	42.61	NUM
faba-239	149	35	70.34	70.34	NUM
faba-239	149	36	65.08	65.08	NUM
faba-239	149	37	%	%	NOUN
faba-239	149	38	tesla	tesla	PROPN
faba-239	149	39	/2010	/2010	PUNCT
faba-239	149	40	-	-	SYM
faba-239	149	41	2024/	2024/	NUM
faba-239	149	42	4.65	4.65	NUM
faba-239	149	43	%	%	NOUN
faba-239	149	44	99.61	99.61	NUM
faba-239	149	45	59.19	59.19	NUM
faba-239	149	46	-40.58	-40.58	PROPN
faba-239	149	47	%	%	NOUN
faba-239	150	1	total	total	ADJ
faba-239	150	2	100.00	100.00	NUM
faba-239	150	3	%	%	NOUN
faba-239	150	4	aamamnt	aamamnt	NOUN
faba-239	150	5	pe	pe	PROPN
faba-239	150	6	(	(	PUNCT
faba-239	150	7	2009	2009	NUM
faba-239	150	8	-	-	SYM
faba-239	150	9	2024)-arithmetic	2024)-arithmetic	NUM
faba-239	150	10	aver	aver	NOUN
faba-239	150	11	.	.	PROPN
faba-239	151	1	55.59	55.59	NUM
faba-239	151	2	aamamnt	aamamnt	NOUN
faba-239	151	3	pe	pe	PROPN
faba-239	151	4	(	(	PUNCT
faba-239	151	5	6	6	NUM
faba-239	151	6	sep	sep	PROPN
faba-239	151	7	,	,	PUNCT
faba-239	151	8	2024)-arithmetic	2024)-arithmetic	ADJ
faba-239	151	9	aver	aver	NOUN
faba-239	151	10	.	.	PROPN
faba-239	152	1	40.98	40.98	NUM
faba-239	152	2	-26.29	-26.29	NUM
faba-239	152	3	%	%	NOUN
faba-239	152	4	aamamnt	aamamnt	NOUN
faba-239	152	5	pe	pe	PROPN
faba-239	152	6	(	(	PUNCT
faba-239	152	7	2009	2009	NUM
faba-239	152	8	-	-	SYM
faba-239	152	9	2024)-weighted	2024)-weighte	VERB
faba-239	152	10	average	average	ADJ
faba-239	152	11	45.53	45.53	NUM
faba-239	152	12	aamamnt	aamamnt	NOUN
faba-239	152	13	pe	pe	PROPN
faba-239	153	1	(	(	PUNCT
faba-239	153	2	6	6	NUM
faba-239	153	3	sep	sep	PROPN
faba-239	153	4	,	,	PUNCT
faba-239	153	5	2024)-weighted	2024)-weighte	VERB
faba-239	153	6	average	average	ADJ
faba-239	153	7	40.15	40.15	NUM
faba-239	153	8	-11.83	-11.83	ADJ
faba-239	153	9	%	%	NOUN
faba-239	153	10	s&p	s&p	PROPN
faba-239	153	11	500	500	NUM
faba-239	153	12	pe	pe	PROPN
faba-239	153	13	(	(	PUNCT
faba-239	153	14	2009	2009	NUM
faba-239	153	15	-	-	SYM
faba-239	153	16	2024	2024	NUM
faba-239	153	17	average	average	NOUN
faba-239	153	18	)	)	PUNCT
faba-239	153	19	25.20	25.20	NUM
faba-239	153	20	s&p	s&p	PROPN
faba-239	153	21	500	500	NUM
faba-239	153	22	current	current	NOUN
faba-239	153	23	pe	pe	X
faba-239	153	24	(	(	PUNCT
faba-239	153	25	6	6	NUM
faba-239	153	26	sep	sep	PROPN
faba-239	153	27	,	,	PUNCT
faba-239	153	28	2024	2024	NUM
faba-239	153	29	)	)	PUNCT
faba-239	153	30	28.26	28.26	NUM
faba-239	153	31	12.15	12.15	NUM
faba-239	153	32	%	%	NOUN
faba-239	153	33	sources	source	NOUN
faba-239	153	34	:	:	PUNCT
faba-239	153	35	calculations	calculation	NOUN
faba-239	153	36	of	of	ADP
faba-239	153	37	the	the	DET
faba-239	153	38	author	author	NOUN
faba-239	153	39	,	,	PUNCT
faba-239	153	40	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	153	41	,	,	PUNCT
faba-239	153	42	(	(	PUNCT
faba-239	153	43	6.09.2024	6.09.2024	NUM
faba-239	153	44	)	)	PUNCT
faba-239	153	45	,	,	PUNCT
faba-239	153	46	https://www.multpl.com/s-p-500-pe-ratio/table/by-year	https://www.multpl.com/s-p-500-pe-ratio/table/by-year	INTJ
faba-239	153	47	,	,	PUNCT
faba-239	153	48	(	(	PUNCT
faba-239	153	49	6.09.2024	6.09.2024	NUM
faba-239	153	50	)	)	PUNCT
faba-239	153	51	table	table	NOUN
faba-239	153	52	5	5	NUM
faba-239	153	53	also	also	ADV
faba-239	153	54	shows	show	VERB
faba-239	153	55	that	that	SCONJ
faba-239	153	56	the	the	DET
faba-239	153	57	average	average	NOUN
faba-239	153	58	pe	pe	X
faba-239	153	59	(	(	PUNCT
faba-239	153	60	for	for	ADP
faba-239	153	61	the	the	DET
faba-239	153	62	period	period	NOUN
faba-239	153	63	2009	2009	NUM
faba-239	153	64	-	-	SYM
faba-239	153	65	2024	2024	NUM
faba-239	153	66	)	)	PUNCT
faba-239	153	67	of	of	ADP
faba-239	153	68	aamamnt	aamamnt	NOUN
faba-239	153	69	companies	company	NOUN
faba-239	153	70	exceed	exceed	VERB
faba-239	153	71	almost	almost	ADV
faba-239	153	72	twice	twice	DET
faba-239	153	73	the	the	DET
faba-239	153	74	average	average	ADJ
faba-239	153	75	pe	pe	ADJ
faba-239	153	76	ratio	ratio	NOUN
faba-239	153	77	of	of	ADP
faba-239	153	78	the	the	DET
faba-239	153	79	s&p	s&p	PROPN
faba-239	153	80	500	500	NUM
faba-239	153	81	of	of	ADP
faba-239	153	82	25.20	25.20	NUM
faba-239	153	83	.	.	PUNCT
faba-239	154	1	the	the	DET
faba-239	154	2	current	current	ADJ
faba-239	154	3	pe	pe	INTJ
faba-239	154	4	of	of	ADP
faba-239	154	5	the	the	DET
faba-239	154	6	s&p	s&p	PROPN
faba-239	154	7	500	500	NUM
faba-239	154	8	of	of	ADP
faba-239	154	9	28.26	28.26	NUM
faba-239	154	10	,	,	PUNCT
faba-239	154	11	is	be	AUX
faba-239	154	12	also	also	ADV
faba-239	154	13	much	much	ADV
faba-239	154	14	lower	low	ADJ
faba-239	154	15	than	than	ADP
faba-239	154	16	that	that	PRON
faba-239	154	17	of	of	ADP
faba-239	154	18	aamamnt	aamamnt	NOUN
faba-239	154	19	.	.	PUNCT
faba-239	155	1	at	at	ADP
faba-239	155	2	the	the	DET
faba-239	155	3	same	same	ADJ
faba-239	155	4	time	time	NOUN
faba-239	155	5	,	,	PUNCT
faba-239	155	6	these	these	DET
faba-239	155	7	aamamnt	aamamnt	NOUN
faba-239	155	8	ratios	ratio	NOUN
faba-239	155	9	are	be	AUX
faba-239	155	10	about	about	ADV
faba-239	155	11	3	3	NUM
faba-239	155	12	times	time	NOUN
faba-239	155	13	the	the	DET
faba-239	155	14	usual	usual	ADJ
faba-239	155	15	average	average	ADJ
faba-239	155	16	s&p	s&p	PROPN
faba-239	155	17	500	500	NUM
faba-239	155	18	pe	pe	NOUN
faba-239	155	19	ratios	ratio	NOUN
faba-239	155	20	for	for	ADP
faba-239	155	21	the	the	DET
faba-239	155	22	entire	entire	ADJ
faba-239	155	23	historical	historical	ADJ
faba-239	155	24	period	period	NOUN
faba-239	155	25	from	from	ADP
faba-239	155	26	1871	1871	NUM
faba-239	155	27	until	until	ADP
faba-239	155	28	nowadays	nowadays	ADV
faba-239	155	29	.	.	PUNCT
faba-239	156	1	the	the	DET
faba-239	156	2	current	current	ADJ
faba-239	156	3	pe	pe	INTJ
faba-239	156	4	of	of	ADP
faba-239	156	5	the	the	DET
faba-239	156	6	s&p	s&p	PROPN
faba-239	156	7	500	500	NUM
faba-239	156	8	is	be	AUX
faba-239	156	9	by	by	ADP
faba-239	156	10	12.15	12.15	NUM
faba-239	156	11	%	%	NOUN
faba-239	156	12	higher	high	ADJ
faba-239	156	13	than	than	ADP
faba-239	156	14	the	the	DET
faba-239	156	15	average	average	NOUN
faba-239	156	16	for	for	ADP
faba-239	156	17	the	the	DET
faba-239	156	18	period	period	NOUN
faba-239	156	19	.	.	PUNCT
faba-239	157	1	actually	actually	ADV
faba-239	157	2	both	both	DET
faba-239	157	3	s&p	s&p	PROPN
faba-239	157	4	500	500	NUM
faba-239	157	5	pes	pe	NOUN
faba-239	157	6	would	would	AUX
faba-239	157	7	have	have	AUX
faba-239	157	8	been	be	AUX
faba-239	157	9	even	even	ADV
faba-239	157	10	lower	low	ADJ
faba-239	157	11	if	if	SCONJ
faba-239	157	12	the	the	DET
faba-239	157	13	7	7	NUM
faba-239	157	14	companies	company	NOUN
faba-239	157	15	were	be	AUX
faba-239	157	16	taken	take	VERB
faba-239	157	17	out	out	ADP
faba-239	157	18	.	.	PUNCT
faba-239	158	1	it	it	PRON
faba-239	158	2	is	be	AUX
faba-239	158	3	useful	useful	ADJ
faba-239	158	4	for	for	ADP
faba-239	158	5	the	the	DET
faba-239	158	6	analysis	analysis	NOUN
faba-239	158	7	to	to	PART
faba-239	158	8	determine	determine	VERB
faba-239	158	9	this	this	DET
faba-239	158	10	pe	pe	PROPN
faba-239	158	11	value	value	NOUN
faba-239	158	12	of	of	ADP
faba-239	158	13	s&p	s&p	PROPN
faba-239	158	14	500	500	NUM
faba-239	158	15	without	without	ADP
faba-239	158	16	the	the	DET
faba-239	158	17	aamamnt	aamamnt	NOUN
faba-239	158	18	.	.	PUNCT
faba-239	159	1	the	the	DET
faba-239	159	2	following	follow	VERB
faba-239	159	3	relationship	relationship	NOUN
faba-239	159	4	can	can	AUX
faba-239	159	5	be	be	AUX
faba-239	159	6	used	use	VERB
faba-239	159	7	:	:	PUNCT
faba-239	159	8	pes&p500	pes&p500	NUM
faba-239	159	9	=	=	NOUN
faba-239	159	10	a	a	DET
faba-239	159	11	×	×	NOUN
faba-239	159	12	peaamamnt	peaamamnt	NOUN
faba-239	159	13	+	+	CCONJ
faba-239	159	14	b	b	PROPN
faba-239	159	15	×	×	PROPN
faba-239	159	16	pe493	pe493	NOUN
faba-239	159	17	(	(	PUNCT
faba-239	159	18	1	1	NUM
faba-239	159	19	)	)	PUNCT
faba-239	160	1	where	where	SCONJ
faba-239	160	2	:	:	PUNCT
faba-239	160	3	pes&p500	pes&p500	NUM
faba-239	160	4	the	the	DET
faba-239	160	5	pe	pe	NOUN
faba-239	160	6	of	of	ADP
faba-239	160	7	the	the	DET
faba-239	160	8	s&p	s&p	PROPN
faba-239	160	9	500	500	NUM
faba-239	160	10	index	index	NOUN
faba-239	160	11	including	include	VERB
faba-239	160	12	all	all	DET
faba-239	160	13	500	500	NUM
faba-239	160	14	companies	company	NOUN
faba-239	160	15	,	,	PUNCT
faba-239	160	16	a	a	DET
faba-239	160	17	the	the	DET
faba-239	160	18	relative	relative	ADJ
faba-239	160	19	weight	weight	NOUN
faba-239	160	20	of	of	ADP
faba-239	160	21	the	the	DET
faba-239	160	22	7	7	NUM
faba-239	160	23	aamamnt	aamamnt	NOUN
faba-239	160	24	companies	company	NOUN
faba-239	160	25	,	,	PUNCT
faba-239	160	26	peaamamnt	peaamamnt	VERB
faba-239	160	27	the	the	DET
faba-239	160	28	average	average	ADJ
faba-239	160	29	pe	pe	PROPN
faba-239	160	30	of	of	ADP
faba-239	160	31	the	the	DET
faba-239	160	32	7	7	NUM
faba-239	160	33	aamamnt	aamamnt	NOUN
faba-239	160	34	companies	company	NOUN
faba-239	160	35	,	,	PUNCT
faba-239	160	36	b	b	PROPN
faba-239	160	37	the	the	DET
faba-239	160	38	relative	relative	ADJ
faba-239	160	39	weight	weight	NOUN
faba-239	160	40	of	of	ADP
faba-239	160	41	the	the	DET
faba-239	160	42	rest	rest	NOUN
faba-239	160	43	493	493	NUM
faba-239	160	44	companies	company	NOUN
faba-239	160	45	in	in	ADP
faba-239	160	46	the	the	DET
faba-239	160	47	index	index	NOUN
faba-239	160	48	,	,	PUNCT
faba-239	160	49	pe493	pe493	VERB
faba-239	160	50	the	the	DET
faba-239	160	51	pe	pe	NOUN
faba-239	160	52	of	of	ADP
faba-239	160	53	s&p	s&p	PROPN
faba-239	160	54	500	500	NUM
faba-239	160	55	without	without	ADP
faba-239	160	56	the	the	DET
faba-239	160	57	7	7	NUM
faba-239	160	58	aamamnt	aamamnt	NOUN
faba-239	160	59	companies	company	NOUN
faba-239	160	60	.	.	PUNCT
faba-239	161	1	the	the	DET
faba-239	161	2	relative	relative	ADJ
faba-239	161	3	weight	weight	NOUN
faba-239	161	4	of	of	ADP
faba-239	161	5	aamamnt	aamamnt	NOUN
faba-239	161	6	in	in	ADP
faba-239	161	7	the	the	DET
faba-239	161	8	index	index	NOUN
faba-239	161	9	,	,	PUNCT
faba-239	161	10	as	as	ADP
faba-239	161	11	of	of	ADP
faba-239	161	12	6	6	NUM
faba-239	161	13	september	september	PROPN
faba-239	161	14	,	,	PUNCT
faba-239	161	15	is	be	AUX
faba-239	161	16	a	a	DET
faba-239	161	17	=	=	SYM
faba-239	161	18	30.37	30.37	NUM
faba-239	161	19	%	%	NOUN
faba-239	161	20	,	,	PUNCT
faba-239	161	21	which	which	PRON
faba-239	161	22	means	mean	VERB
faba-239	161	23	that	that	SCONJ
faba-239	161	24	the	the	DET
faba-239	161	25	relative	relative	ADJ
faba-239	161	26	weight	weight	NOUN
faba-239	161	27	of	of	ADP
faba-239	161	28	the	the	DET
faba-239	161	29	rest	rest	NOUN
faba-239	161	30	493	493	NUM
faba-239	161	31	companies	company	NOUN
faba-239	161	32	is	be	AUX
faba-239	161	33	b	b	NOUN
faba-239	161	34	=	=	SYM
faba-239	161	35	60.63	60.63	NUM
faba-239	161	36	%	%	NOUN
faba-239	161	37	.	.	PUNCT
faba-239	162	1	then	then	ADV
faba-239	162	2	the	the	DET
faba-239	162	3	implied	imply	VERB
faba-239	162	4	average	average	ADJ
faba-239	162	5	pe	pe	NOUN
faba-239	162	6	of	of	ADP
faba-239	162	7	s&p	s&p	PROPN
faba-239	162	8	500	500	NUM
faba-239	162	9	without	without	ADP
faba-239	162	10	the	the	DET
faba-239	162	11	7	7	NUM
faba-239	162	12	aamamnt	aamamnt	NOUN
faba-239	162	13	companies	company	NOUN
faba-239	162	14	for	for	ADP
faba-239	162	15	the	the	DET
faba-239	162	16	period	period	NOUN
faba-239	162	17	2009	2009	NUM
faba-239	162	18	-	-	SYM
faba-239	162	19	2024	2024	NUM
faba-239	162	20	is	be	AUX
faba-239	162	21	as	as	SCONJ
faba-239	162	22	follows	follow	VERB
faba-239	162	23	:	:	PUNCT
faba-239	162	24	𝐏𝐄𝟒𝟗𝟑	𝐏𝐄𝟒𝟗𝟑	PROPN
faba-239	162	25	=	=	SYM
faba-239	163	1	pes&p500	pes&p500	NUM
faba-239	163	2	−	−	NOUN
faba-239	163	3	a	a	DET
faba-239	163	4	×	×	NOUN
faba-239	163	5	peaamamnt	peaamamnt	NOUN
faba-239	163	6	b	b	NOUN
faba-239	163	7	=	=	SYM
faba-239	163	8	25,20	25,20	NUM
faba-239	163	9	−	−	NOUN
faba-239	163	10	0,3037	0,3037	NOUN
faba-239	163	11	×	×	NOUN
faba-239	163	12	45,53	45,53	NOUN
faba-239	163	13	0,6963	0,6963	NUM
faba-239	163	14	=	=	SYM
faba-239	163	15	𝟏𝟔	𝟏𝟔	PROPN
faba-239	163	16	,	,	PUNCT
faba-239	163	17	𝟑𝟑	𝟑𝟑	NUM
faba-239	163	18	(	(	PUNCT
faba-239	163	19	2	2	NUM
faba-239	163	20	)	)	PUNCT
faba-239	163	21	the	the	DET
faba-239	163	22	implied	imply	VERB
faba-239	163	23	average	average	ADJ
faba-239	163	24	pe493	pe493	NOUN
faba-239	163	25	for	for	ADP
faba-239	163	26	the	the	DET
faba-239	163	27	period	period	NOUN
faba-239	163	28	2009	2009	NUM
faba-239	163	29	-	-	SYM
faba-239	163	30	2024	2024	NUM
faba-239	163	31	,	,	PUNCT
faba-239	163	32	which	which	PRON
faba-239	163	33	is	be	AUX
faba-239	163	34	actually	actually	ADV
faba-239	163	35	the	the	DET
faba-239	163	36	s&p	s&p	PROPN
faba-239	163	37	500	500	NUM
faba-239	163	38	price	price	NOUN
faba-239	163	39	to	to	ADP
faba-239	163	40	earnings	earning	NOUN
faba-239	163	41	ratio	ratio	NOUN
faba-239	163	42	of	of	ADP
faba-239	163	43	the	the	DET
faba-239	163	44	index	index	NOUN
faba-239	163	45	,	,	PUNCT
faba-239	163	46	cleared	clear	VERB
faba-239	163	47	from	from	ADP
faba-239	163	48	the	the	DET
faba-239	163	49	influence	influence	NOUN
faba-239	163	50	of	of	ADP
faba-239	163	51	“	"	PUNCT
faba-239	163	52	the	the	DET
faba-239	163	53	super	super	ADJ
faba-239	163	54	seven	seven	NOUN
faba-239	163	55	”	"	PUNCT
faba-239	163	56	,	,	PUNCT
faba-239	163	57	would	would	AUX
faba-239	163	58	be	be	AUX
faba-239	163	59	only	only	ADV
faba-239	163	60	16.33	16.33	NUM
faba-239	163	61	.	.	PUNCT
faba-239	164	1	this	this	DET
faba-239	164	2	number	number	NOUN
faba-239	164	3	is	be	AUX
faba-239	164	4	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	164	5	https://www.multpl.com/s-p-500-pe-ratio/table/by-year%20,%20(6.09.2024	https://www.multpl.com/s-p-500-pe-ratio/table/by-year%20,%20(6.09.2024	NOUN
faba-239	164	6	)	)	PUNCT
faba-239	164	7	dimiter	dimiter	NOUN
faba-239	164	8	nenkov	nenkov	PROPN
faba-239	164	9	/	/	SYM
faba-239	164	10	finance	finance	NOUN
faba-239	164	11	,	,	PUNCT
faba-239	164	12	accounting	accounting	NOUN
faba-239	164	13	and	and	CCONJ
faba-239	164	14	business	business	NOUN
faba-239	164	15	analysis	analysis	NOUN
faba-239	164	16	,	,	PUNCT
faba-239	164	17	volume	volume	NOUN
faba-239	164	18	6	6	NUM
faba-239	164	19	,	,	PUNCT
faba-239	164	20	issue	issue	NOUN
faba-239	164	21	2	2	NUM
faba-239	164	22	,	,	PUNCT
faba-239	164	23	2024	2024	NUM
faba-239	164	24	187	187	NUM
faba-239	164	25	practically	practically	ADV
faba-239	164	26	at	at	ADP
faba-239	164	27	the	the	DET
faba-239	164	28	historic	historic	ADJ
faba-239	164	29	average	average	NOUN
faba-239	164	30	pe	pe	PROPN
faba-239	164	31	values	value	NOUN
faba-239	164	32	.	.	PUNCT
faba-239	165	1	the	the	DET
faba-239	165	2	calculated	calculated	ADJ
faba-239	165	3	current	current	ADJ
faba-239	165	4	pe493	pe493	NOUN
faba-239	165	5	is	be	AUX
faba-239	165	6	respectively	respectively	ADV
faba-239	165	7	23.07	23.07	NUM
faba-239	165	8	.	.	PUNCT
faba-239	165	9	table	table	NOUN
faba-239	165	10	6	6	NUM
faba-239	165	11	.	.	PUNCT
faba-239	166	1	pbv	pbv	VERB
faba-239	166	2	of	of	ADP
faba-239	166	3	aamamnt	aamamnt	NOUN
faba-239	166	4	companies	company	NOUN
faba-239	166	5	for	for	ADP
faba-239	166	6	the	the	DET
faba-239	166	7	period	period	NOUN
faba-239	166	8	2009	2009	NUM
faba-239	166	9	-	-	SYM
faba-239	166	10	2024	2024	NUM
faba-239	166	11	company	company	NOUN
faba-239	166	12	weight	weight	NOUN
faba-239	166	13	in	in	ADP
faba-239	166	14	aamamnt	aamamnt	ADJ
faba-239	166	15	average	average	NOUN
faba-239	166	16	pbv	pbv	VERB
faba-239	166	17	20092024	20092024	NUM
faba-239	166	18	current	current	ADJ
faba-239	166	19	pbv	pbv	VERB
faba-239	166	20	/6	/6	PUNCT
faba-239	167	1	sep	sep	INTJ
faba-239	167	2	,	,	PUNCT
faba-239	167	3	2024/	2024/	NUM
faba-239	167	4	difference	difference	NOUN
faba-239	167	5	(	(	PUNCT
faba-239	167	6	%	%	INTJ
faba-239	167	7	)	)	PUNCT
faba-239	167	8	apple	apple	NOUN
faba-239	167	9	23.34	23.34	NUM
faba-239	167	10	%	%	NOUN
faba-239	167	11	16.08	16.08	NUM
faba-239	167	12	50.39	50.39	NUM
faba-239	167	13	213.38	213.38	NUM
faba-239	167	14	%	%	NOUN
faba-239	167	15	amazon	amazon	NOUN
faba-239	167	16	12.42	12.42	NUM
faba-239	167	17	%	%	NOUN
faba-239	167	18	14.04	14.04	NUM
faba-239	167	19	7.60	7.60	NUM
faba-239	167	20	-45.87	-45.87	PUNCT
faba-239	168	1	%	%	NOUN
faba-239	168	2	microsoft	microsoft	PROPN
faba-239	168	3	20.61	20.61	NUM
faba-239	168	4	%	%	NOUN
faba-239	168	5	7.39	7.39	NUM
faba-239	168	6	11.12	11.12	NUM
faba-239	168	7	50.50	50.50	NUM
faba-239	168	8	%	%	NOUN
faba-239	168	9	alphabet	alphabet	NOUN
faba-239	168	10	/	/	SYM
faba-239	168	11	google	google	PROPN
faba-239	168	12	/class	/class	PUNCT
faba-239	169	1	a/	a/	PROPN
faba-239	169	2	12.83	12.83	NUM
faba-239	169	3	%	%	NOUN
faba-239	169	4	4.74	4.74	NUM
faba-239	169	5	6.18	6.18	NUM
faba-239	169	6	30.48	30.48	NUM
faba-239	169	7	%	%	NOUN
faba-239	169	8	meta	meta	PROPN
faba-239	169	9	platforms	platform	NOUN
faba-239	169	10	/2012	/2012	PROPN
faba-239	169	11	-	-	SYM
faba-239	169	12	2024/	2024/	NUM
faba-239	169	13	8.74	8.74	NUM
faba-239	169	14	%	%	NOUN
faba-239	169	15	6.12	6.12	NUM
faba-239	169	16	8.08	8.08	NUM
faba-239	169	17	32.01	32.01	NUM
faba-239	169	18	%	%	NOUN
faba-239	169	19	nvidia	nvidia	PROPN
faba-239	169	20	17.41	17.41	NUM
faba-239	169	21	%	%	NOUN
faba-239	169	22	13.90	13.90	NUM
faba-239	169	23	43.43	43.43	NUM
faba-239	169	24	212.37	212.37	NUM
faba-239	169	25	%	%	NOUN
faba-239	169	26	tesla	tesla	PROPN
faba-239	169	27	/2010	/2010	PUNCT
faba-239	169	28	-	-	SYM
faba-239	169	29	2024/	2024/	NUM
faba-239	169	30	4.65	4.65	NUM
faba-239	169	31	%	%	NOUN
faba-239	169	32	18.41	18.41	NUM
faba-239	169	33	10.02	10.02	NUM
faba-239	169	34	-45.57	-45.57	PUNCT
faba-239	169	35	%	%	NOUN
faba-239	169	36	total	total	ADJ
faba-239	169	37	100.00	100.00	NUM
faba-239	169	38	%	%	NOUN
faba-239	169	39	aamamnt	aamamnt	NOUN
faba-239	169	40	pbv	pbv	VERB
faba-239	169	41	(	(	PUNCT
faba-239	169	42	2009	2009	NUM
faba-239	169	43	-	-	PUNCT
faba-239	169	44	2024)-arithm.aver	2024)-arithm.aver	NOUN
faba-239	169	45	.	.	NOUN
faba-239	169	46	11.53	11.53	NUM
faba-239	169	47	aamamnt	aamamnt	NOUN
faba-239	169	48	pbv	pbv	VERB
faba-239	169	49	(	(	PUNCT
faba-239	169	50	6	6	NUM
faba-239	169	51	sep	sep	NOUN
faba-239	169	52	,	,	PUNCT
faba-239	169	53	2024)-arithm.aver	2024)-arithm.aver	NOUN
faba-239	169	54	.	.	PROPN
faba-239	170	1	19.55	19.55	NUM
faba-239	170	2	69.59	69.59	NUM
faba-239	170	3	%	%	NOUN
faba-239	170	4	aamamnt	aamamnt	NOUN
faba-239	170	5	pbv	pbv	VERB
faba-239	170	6	(	(	PUNCT
faba-239	170	7	2009	2009	NUM
faba-239	170	8	-	-	SYM
faba-239	170	9	2024)-weighted	2024)-weighte	VERB
faba-239	170	10	av	av	PROPN
faba-239	170	11	.	.	PROPN
faba-239	170	12	11.44	11.44	NUM
faba-239	170	13	aamamnt	aamamnt	NOUN
faba-239	170	14	pbv	pbv	VERB
faba-239	170	15	(	(	PUNCT
faba-239	170	16	6	6	NUM
faba-239	170	17	sep	sep	PROPN
faba-239	170	18	,	,	PUNCT
faba-239	170	19	2024)-weighted	2024)-weighted	PROPN
faba-239	170	20	av	av	NOUN
faba-239	170	21	.	.	PROPN
faba-239	171	1	24.52	24.52	NUM
faba-239	171	2	114.40	114.40	NUM
faba-239	171	3	%	%	NOUN
faba-239	171	4	s&p	s&p	PROPN
faba-239	171	5	500	500	NUM
faba-239	171	6	pbv	pbv	ADJ
faba-239	171	7	(	(	PUNCT
faba-239	171	8	2009	2009	NUM
faba-239	171	9	-	-	SYM
faba-239	171	10	2024	2024	NUM
faba-239	171	11	average	average	NOUN
faba-239	171	12	)	)	PUNCT
faba-239	171	13	3.19	3.19	NUM
faba-239	171	14	s&p	s&p	PROPN
faba-239	171	15	500	500	NUM
faba-239	171	16	current	current	ADJ
faba-239	171	17	pbv	pbv	ADJ
faba-239	171	18	(	(	PUNCT
faba-239	171	19	6	6	NUM
faba-239	171	20	sep	sep	NOUN
faba-239	171	21	,	,	PUNCT
faba-239	171	22	2024	2024	NUM
faba-239	171	23	)	)	PUNCT
faba-239	171	24	4.84	4.84	NUM
faba-239	171	25	51.87	51.87	NUM
faba-239	171	26	%	%	NOUN
faba-239	171	27	sources	source	NOUN
faba-239	171	28	:	:	PUNCT
faba-239	171	29	calculations	calculation	NOUN
faba-239	171	30	of	of	ADP
faba-239	171	31	the	the	DET
faba-239	171	32	author	author	NOUN
faba-239	171	33	,	,	PUNCT
faba-239	171	34	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	171	35	.......	.......	PUNCT
faba-239	171	36	,	,	PUNCT
faba-239	171	37	(	(	PUNCT
faba-239	171	38	6.09.2024	6.09.2024	NUM
faba-239	171	39	)	)	PUNCT
faba-239	171	40	,	,	PUNCT
faba-239	171	41	https://www.multpl.com/s-p-500-price-to-book/table/by-year	https://www.multpl.com/s-p-500-price-to-book/table/by-year	VERB
faba-239	171	42	,	,	PUNCT
faba-239	171	43	(	(	PUNCT
faba-239	171	44	6.09.2024	6.09.2024	NUM
faba-239	171	45	)	)	PUNCT
faba-239	171	46	table	table	NOUN
faba-239	171	47	6	6	NUM
faba-239	171	48	is	be	AUX
faba-239	171	49	analogous	analogous	ADJ
faba-239	171	50	to	to	ADP
faba-239	171	51	table	table	NOUN
faba-239	171	52	5	5	NUM
faba-239	172	1	but	but	CCONJ
faba-239	172	2	it	it	PRON
faba-239	172	3	presents	present	VERB
faba-239	172	4	the	the	DET
faba-239	172	5	price	price	NOUN
faba-239	172	6	-	-	PUNCT
faba-239	172	7	to	to	ADP
faba-239	172	8	-	-	PUNCT
faba-239	172	9	book	book	NOUN
faba-239	172	10	(	(	PUNCT
faba-239	172	11	pbv	pbv	VERB
faba-239	172	12	)	)	PUNCT
faba-239	172	13	ratios	ratio	NOUN
faba-239	172	14	of	of	ADP
faba-239	172	15	aamamnt	aamamnt	NOUN
faba-239	172	16	companies	company	NOUN
faba-239	172	17	,	,	PUNCT
faba-239	172	18	albeit	albeit	SCONJ
faba-239	172	19	in	in	ADP
faba-239	172	20	the	the	DET
faba-239	172	21	same	same	ADJ
faba-239	172	22	way	way	NOUN
faba-239	172	23	.	.	PUNCT
faba-239	173	1	the	the	DET
faba-239	173	2	data	datum	NOUN
faba-239	173	3	in	in	ADP
faba-239	173	4	this	this	DET
faba-239	173	5	table	table	NOUN
faba-239	173	6	can	can	AUX
faba-239	173	7	be	be	AUX
faba-239	173	8	described	describe	VERB
faba-239	173	9	as	as	ADP
faba-239	173	10	quite	quite	ADV
faba-239	173	11	shocking	shocking	ADJ
faba-239	173	12	,	,	PUNCT
faba-239	173	13	given	give	VERB
faba-239	173	14	that	that	SCONJ
faba-239	173	15	there	there	PRON
faba-239	173	16	are	be	VERB
faba-239	173	17	many	many	ADJ
faba-239	173	18	double	double	ADJ
faba-239	173	19	-	-	PUNCT
faba-239	173	20	digit	digit	NOUN
faba-239	173	21	values	value	NOUN
faba-239	173	22	of	of	ADP
faba-239	173	23	the	the	DET
faba-239	173	24	pbv	pbv	ADJ
faba-239	173	25	ratio	ratio	NOUN
faba-239	173	26	.	.	PUNCT
faba-239	174	1	the	the	DET
faba-239	174	2	table	table	NOUN
faba-239	174	3	looks	look	VERB
faba-239	174	4	as	as	SCONJ
faba-239	174	5	if	if	SCONJ
faba-239	174	6	it	it	PRON
faba-239	174	7	is	be	AUX
faba-239	174	8	for	for	ADP
faba-239	174	9	pe	pe	PROPN
faba-239	174	10	ratios	ratio	NOUN
faba-239	174	11	,	,	PUNCT
faba-239	174	12	rather	rather	ADV
faba-239	174	13	than	than	ADP
faba-239	174	14	pbv	pbv	VERB
faba-239	174	15	ratios	ratio	NOUN
faba-239	174	16	.	.	PUNCT
faba-239	175	1	this	this	PRON
faba-239	175	2	is	be	AUX
faba-239	175	3	really	really	ADV
faba-239	175	4	atypical	atypical	ADJ
faba-239	175	5	,	,	PUNCT
faba-239	175	6	given	give	VERB
faba-239	175	7	the	the	DET
faba-239	175	8	fact	fact	NOUN
faba-239	175	9	that	that	SCONJ
faba-239	175	10	theoretically	theoretically	ADV
faba-239	175	11	the	the	DET
faba-239	175	12	starting	starting	NOUN
faba-239	175	13	point	point	NOUN
faba-239	175	14	/reference	/reference	ADP
faba-239	175	15	value/	value/	NOUN
faba-239	175	16	for	for	ADP
faba-239	175	17	the	the	DET
faba-239	175	18	pbv	pbv	ADJ
faba-239	175	19	ratio	ratio	NOUN
faba-239	175	20	of	of	ADP
faba-239	175	21	an	an	DET
faba-239	175	22	average	average	ADJ
faba-239	175	23	company	company	NOUN
faba-239	175	24	should	should	AUX
faba-239	175	25	gravitate	gravitate	VERB
faba-239	175	26	around	around	ADP
faba-239	175	27	1	1	NUM
faba-239	175	28	.	.	PUNCT
faba-239	176	1	the	the	DET
faba-239	176	2	logic	logic	NOUN
faba-239	176	3	is	be	AUX
faba-239	176	4	that	that	SCONJ
faba-239	176	5	the	the	DET
faba-239	176	6	shares	share	NOUN
faba-239	176	7	of	of	ADP
faba-239	176	8	a	a	DET
faba-239	176	9	company	company	NOUN
faba-239	176	10	with	with	ADP
faba-239	176	11	average	average	ADJ
faba-239	176	12	actual	actual	ADJ
faba-239	176	13	return	return	NOUN
faba-239	176	14	(	(	PUNCT
faba-239	176	15	roe	roe	NOUN
faba-239	176	16	)	)	PUNCT
faba-239	176	17	,	,	PUNCT
faba-239	176	18	with	with	ADP
faba-239	176	19	average	average	ADJ
faba-239	176	20	cost	cost	NOUN
faba-239	176	21	of	of	ADP
faba-239	176	22	equity	equity	NOUN
faba-239	176	23	(	(	PUNCT
faba-239	176	24	re	re	NOUN
faba-239	176	25	)	)	PUNCT
faba-239	176	26	,	,	PUNCT
faba-239	176	27	which	which	PRON
faba-239	176	28	is	be	AUX
faba-239	176	29	equal	equal	ADJ
faba-239	176	30	to	to	ADP
faba-239	176	31	the	the	DET
faba-239	176	32	average	average	ADJ
faba-239	176	33	actual	actual	ADJ
faba-239	176	34	return	return	NOUN
faba-239	176	35	,	,	PUNCT
faba-239	176	36	other	other	ADJ
faba-239	176	37	things	thing	NOUN
faba-239	176	38	being	be	AUX
faba-239	176	39	equal	equal	ADJ
faba-239	176	40	,	,	PUNCT
faba-239	176	41	should	should	AUX
faba-239	176	42	be	be	AUX
faba-239	176	43	traded	trade	VERB
faba-239	176	44	at	at	ADP
faba-239	176	45	its	its	PRON
faba-239	176	46	book	book	NOUN
faba-239	176	47	value	value	NOUN
faba-239	176	48	,	,	PUNCT
faba-239	176	49	or	or	CCONJ
faba-239	176	50	at	at	ADP
faba-239	176	51	pbv=1	pbv=1	NOUN
faba-239	176	52	.	.	PUNCT
faba-239	177	1	the	the	DET
faba-239	177	2	weighted	weight	VERB
faba-239	177	3	average	average	ADJ
faba-239	177	4	pbv	pbv	NOUN
faba-239	177	5	for	for	ADP
faba-239	177	6	the	the	DET
faba-239	177	7	7	7	NUM
faba-239	177	8	companies	company	NOUN
faba-239	177	9	for	for	ADP
faba-239	177	10	the	the	DET
faba-239	177	11	period	period	NOUN
faba-239	177	12	2009	2009	NUM
faba-239	177	13	-	-	SYM
faba-239	177	14	2024	2024	NUM
faba-239	177	15	is	be	AUX
faba-239	177	16	11.44	11.44	NUM
faba-239	177	17	and	and	CCONJ
faba-239	177	18	is	be	AUX
faba-239	177	19	essentially	essentially	ADV
faba-239	177	20	equal	equal	ADJ
faba-239	177	21	to	to	ADP
faba-239	177	22	the	the	DET
faba-239	177	23	mean	mean	NOUN
faba-239	177	24	of	of	ADP
faba-239	177	25	11.53	11.53	NUM
faba-239	177	26	.	.	PUNCT
faba-239	178	1	the	the	DET
faba-239	178	2	weighted	weighted	ADJ
faba-239	178	3	average	average	NOUN
faba-239	178	4	of	of	ADP
faba-239	178	5	the	the	DET
faba-239	178	6	current	current	ADJ
faba-239	178	7	pbv	pbv	NOUN
faba-239	178	8	,	,	PUNCT
faba-239	178	9	as	as	ADP
faba-239	178	10	of	of	ADP
faba-239	178	11	september	september	PROPN
faba-239	178	12	6	6	NUM
faba-239	178	13	,	,	PUNCT
faba-239	178	14	2024	2024	NUM
faba-239	178	15	,	,	PUNCT
faba-239	178	16	is	be	AUX
faba-239	178	17	more	more	ADJ
faba-239	178	18	than	than	ADP
faba-239	178	19	twice	twice	ADV
faba-239	178	20	higher	high	ADJ
faba-239	178	21	,	,	PUNCT
faba-239	178	22	with	with	ADP
faba-239	178	23	an	an	DET
faba-239	178	24	indeed	indeed	ADV
faba-239	178	25	extreme	extreme	ADJ
faba-239	178	26	value	value	NOUN
faba-239	178	27	of	of	ADP
faba-239	178	28	24.52	24.52	NUM
faba-239	178	29	.	.	PUNCT
faba-239	179	1	the	the	DET
faba-239	179	2	highest	high	ADJ
faba-239	179	3	average	average	ADJ
faba-239	179	4	pbv	pbv	ADJ
faba-239	179	5	ratio	ratio	NOUN
faba-239	179	6	for	for	ADP
faba-239	179	7	the	the	DET
faba-239	179	8	period	period	NOUN
faba-239	179	9	2006	2006	NUM
faba-239	179	10	-	-	SYM
faba-239	179	11	2020	2020	NUM
faba-239	179	12	belongs	belong	VERB
faba-239	179	13	to	to	ADP
faba-239	179	14	tesla	tesla	PROPN
faba-239	179	15	18.41	18.41	NUM
faba-239	179	16	,	,	PUNCT
faba-239	179	17	followed	follow	VERB
faba-239	179	18	by	by	ADP
faba-239	179	19	apple	apple	NOUN
faba-239	179	20	with	with	ADP
faba-239	179	21	16.08	16.08	NUM
faba-239	179	22	.	.	PUNCT
faba-239	180	1	it	it	PRON
faba-239	180	2	can	can	AUX
faba-239	180	3	be	be	AUX
faba-239	180	4	seen	see	VERB
faba-239	180	5	that	that	SCONJ
faba-239	180	6	the	the	DET
faba-239	180	7	current	current	ADJ
faba-239	180	8	pbv	pbv	VERB
faba-239	180	9	as	as	ADP
faba-239	180	10	of	of	ADP
faba-239	180	11	september	september	PROPN
faba-239	180	12	6	6	NUM
faba-239	180	13	,	,	PUNCT
faba-239	180	14	2020	2020	NUM
faba-239	180	15	has	have	VERB
faba-239	180	16	some	some	DET
faba-239	180	17	super	super	ADV
faba-239	180	18	extreme	extreme	ADJ
faba-239	180	19	values	value	NOUN
faba-239	180	20	–	–	PUNCT
faba-239	180	21	50.39	50.39	NUM
faba-239	180	22	for	for	ADP
faba-239	180	23	apple	apple	NOUN
faba-239	180	24	and	and	CCONJ
faba-239	180	25	43.43	43.43	NUM
faba-239	180	26	for	for	ADP
faba-239	180	27	nvidia	nvidia	PROPN
faba-239	180	28	,	,	PUNCT
faba-239	180	29	which	which	PRON
faba-239	180	30	explain	explain	VERB
faba-239	180	31	the	the	DET
faba-239	180	32	abnormally	abnormally	ADV
faba-239	180	33	high	high	ADJ
faba-239	180	34	average	average	ADJ
faba-239	180	35	.	.	PUNCT
faba-239	181	1	the	the	DET
faba-239	181	2	average	average	ADJ
faba-239	181	3	pbv	pbv	NOUN
faba-239	181	4	of	of	ADP
faba-239	181	5	the	the	DET
faba-239	181	6	aamamnt	aamamnt	NOUN
faba-239	181	7	for	for	ADP
faba-239	181	8	the	the	DET
faba-239	181	9	period	period	NOUN
faba-239	181	10	2009	2009	NUM
faba-239	181	11	-	-	SYM
faba-239	181	12	2024	2024	NUM
faba-239	181	13	is	be	AUX
faba-239	181	14	about	about	ADV
faba-239	181	15	3.6	3.6	NUM
faba-239	181	16	times	time	NOUN
faba-239	181	17	the	the	DET
faba-239	181	18	average	average	ADJ
faba-239	181	19	pbv	pbv	NOUN
faba-239	181	20	of	of	ADP
faba-239	181	21	the	the	DET
faba-239	181	22	s&p	s&p	PROPN
faba-239	181	23	500	500	NUM
faba-239	181	24	,	,	PUNCT
faba-239	181	25	and	and	CCONJ
faba-239	181	26	their	their	PRON
faba-239	181	27	current	current	ADJ
faba-239	181	28	pbv	pbv	NOUN
faba-239	181	29	is	be	AUX
faba-239	181	30	about	about	ADV
faba-239	181	31	5	5	NUM
faba-239	181	32	times	time	NOUN
faba-239	181	33	the	the	DET
faba-239	181	34	average	average	NOUN
faba-239	181	35	of	of	ADP
faba-239	181	36	the	the	DET
faba-239	181	37	s&p	s&p	PROPN
faba-239	181	38	500	500	NUM
faba-239	181	39	.	.	PUNCT
faba-239	182	1	by	by	ADP
faba-239	182	2	doing	do	VERB
faba-239	182	3	the	the	DET
faba-239	182	4	same	same	ADJ
faba-239	182	5	exercise	exercise	NOUN
faba-239	182	6	with	with	ADP
faba-239	182	7	pbv	pbv	ADJ
faba-239	182	8	,	,	PUNCT
faba-239	182	9	as	as	ADP
faba-239	182	10	with	with	ADP
faba-239	182	11	pe	pe	PROPN
faba-239	182	12	above	above	ADV
faba-239	182	13	,	,	PUNCT
faba-239	182	14	we	we	PRON
faba-239	182	15	get	get	VERB
faba-239	182	16	an	an	DET
faba-239	182	17	implied	imply	VERB
faba-239	182	18	average	average	ADJ
faba-239	182	19	pbv	pbv	NOUN
faba-239	182	20	for	for	ADP
faba-239	182	21	s&p500	s&p500	NOUN
faba-239	182	22	without	without	ADP
faba-239	182	23	the	the	DET
faba-239	182	24	7	7	NUM
faba-239	182	25	large	large	ADJ
faba-239	182	26	technology	technology	NOUN
faba-239	182	27	stocks	stock	NOUN
faba-239	182	28	(	(	PUNCT
faba-239	182	29	pbv493	pbv493	PROPN
faba-239	182	30	)	)	PUNCT
faba-239	182	31	for	for	ADP
faba-239	182	32	the	the	DET
faba-239	182	33	period	period	NOUN
faba-239	182	34	2009	2009	NUM
faba-239	182	35	-	-	SYM
faba-239	182	36	2024	2024	NUM
faba-239	182	37	of	of	ADP
faba-239	182	38	-0.41	-0.41	NOUN
faba-239	182	39	.	.	PUNCT
faba-239	183	1	the	the	DET
faba-239	183	2	implied	imply	VERB
faba-239	183	3	current	current	ADJ
faba-239	183	4	pbv493	pbv493	NOUN
faba-239	183	5	is	be	AUX
faba-239	183	6	respectively	respectively	ADV
faba-239	183	7	-3.71	-3.71	ADJ
faba-239	183	8	.	.	PUNCT
faba-239	184	1	this	this	PRON
faba-239	184	2	suggests	suggest	VERB
faba-239	184	3	that	that	SCONJ
faba-239	184	4	the	the	DET
faba-239	184	5	average	average	ADJ
faba-239	184	6	pbv	pbv	NOUN
faba-239	184	7	of	of	ADP
faba-239	184	8	the	the	DET
faba-239	184	9	other	other	ADJ
faba-239	184	10	493	493	NUM
faba-239	184	11	companies	company	NOUN
faba-239	184	12	in	in	ADP
faba-239	184	13	the	the	DET
faba-239	184	14	index	index	NOUN
faba-239	184	15	is	be	AUX
faba-239	184	16	negative	negative	ADJ
faba-239	184	17	,	,	PUNCT
faba-239	184	18	and	and	CCONJ
faba-239	184	19	their	their	PRON
faba-239	184	20	contribution	contribution	NOUN
faba-239	184	21	to	to	ADP
faba-239	184	22	the	the	DET
faba-239	184	23	average	average	ADJ
faba-239	184	24	pbv	pbv	NOUN
faba-239	184	25	of	of	ADP
faba-239	184	26	the	the	DET
faba-239	184	27	index	index	NOUN
faba-239	184	28	as	as	ADP
faba-239	184	29	a	a	DET
faba-239	184	30	whole	whole	NOUN
faba-239	184	31	is	be	AUX
faba-239	184	32	negative	negative	ADJ
faba-239	184	33	.	.	PUNCT
faba-239	185	1	this	this	PRON
faba-239	185	2	is	be	AUX
faba-239	185	3	not	not	PART
faba-239	185	4	possible	possible	ADJ
faba-239	185	5	and	and	CCONJ
faba-239	185	6	have	have	VERB
faba-239	185	7	no	no	DET
faba-239	185	8	economic	economic	ADJ
faba-239	185	9	sense	sense	NOUN
faba-239	185	10	.	.	PUNCT
faba-239	186	1	negative	negative	ADJ
faba-239	186	2	pbv	pbv	ADJ
faba-239	186	3	ratios	ratio	NOUN
faba-239	186	4	are	be	AUX
faba-239	186	5	normally	normally	ADV
faba-239	186	6	rare	rare	ADJ
faba-239	186	7	exception	exception	NOUN
faba-239	186	8	,	,	PUNCT
faba-239	186	9	for	for	ADP
faba-239	186	10	example	example	NOUN
faba-239	186	11	,	,	PUNCT
faba-239	186	12	when	when	SCONJ
faba-239	186	13	a	a	DET
faba-239	186	14	heavily	heavily	ADV
faba-239	186	15	indebted	indebted	ADJ
faba-239	186	16	company	company	NOUN
faba-239	186	17	has	have	VERB
faba-239	186	18	a	a	DET
faba-239	186	19	negative	negative	ADJ
faba-239	186	20	book	book	NOUN
faba-239	186	21	value	value	NOUN
faba-239	186	22	.	.	PUNCT
faba-239	187	1	in	in	ADP
faba-239	187	2	reality	reality	NOUN
faba-239	187	3	a	a	DET
faba-239	187	4	part	part	NOUN
faba-239	187	5	of	of	ADP
faba-239	187	6	these	these	DET
faba-239	187	7	companies	company	NOUN
faba-239	187	8	in	in	ADP
faba-239	187	9	the	the	DET
faba-239	187	10	index	index	NOUN
faba-239	187	11	have	have	AUX
faba-239	187	12	pbvs	pbv	VERB
faba-239	187	13	less	less	ADJ
faba-239	187	14	than	than	ADP
faba-239	187	15	1	1	NUM
faba-239	187	16	,	,	PUNCT
faba-239	187	17	but	but	CCONJ
faba-239	187	18	higher	high	ADJ
faba-239	187	19	than	than	ADP
faba-239	187	20	0	0	NUM
faba-239	187	21	.	.	PUNCT
faba-239	188	1	other	other	ADJ
faba-239	188	2	companies	company	NOUN
faba-239	188	3	have	have	AUX
faba-239	188	4	pbvs	pbv	VERB
faba-239	188	5	higher	high	ADJ
faba-239	188	6	than	than	ADP
faba-239	188	7	1	1	NUM
faba-239	188	8	.	.	PUNCT
faba-239	189	1	in	in	ADP
faba-239	189	2	any	any	DET
faba-239	189	3	case	case	NOUN
faba-239	189	4	pbvs	pbvs	NOUN
faba-239	189	5	of	of	ADP
faba-239	189	6	these	these	DET
faba-239	189	7	companies	company	NOUN
faba-239	189	8	should	should	AUX
faba-239	189	9	be	be	AUX
faba-239	189	10	relatively	relatively	ADV
faba-239	189	11	close	close	ADJ
faba-239	189	12	to	to	ADP
faba-239	189	13	1	1	NUM
faba-239	189	14	.	.	PUNCT
faba-239	190	1	one	one	NUM
faba-239	190	2	possible	possible	ADJ
faba-239	190	3	explanation	explanation	NOUN
faba-239	190	4	for	for	ADP
faba-239	190	5	the	the	DET
faba-239	190	6	above	above	ADJ
faba-239	190	7	illogical	illogical	ADJ
faba-239	190	8	results	result	NOUN
faba-239	190	9	is	be	AUX
faba-239	190	10	that	that	SCONJ
faba-239	190	11	the	the	DET
faba-239	190	12	average	average	ADJ
faba-239	190	13	pbv	pbv	ADJ
faba-239	190	14	ratios	ratio	NOUN
faba-239	190	15	of	of	ADP
faba-239	190	16	the	the	DET
faba-239	190	17	aamamnt	aamamnt	NOUN
faba-239	190	18	in	in	ADP
faba-239	190	19	table	table	NOUN
faba-239	190	20	6	6	NUM
faba-239	190	21	are	be	AUX
faba-239	190	22	not	not	PART
faba-239	190	23	representative	representative	ADJ
faba-239	190	24	for	for	ADP
faba-239	190	25	the	the	DET
faba-239	190	26	actual	actual	ADJ
faba-239	190	27	situation	situation	NOUN
faba-239	190	28	.	.	PUNCT
faba-239	191	1	these	these	DET
faba-239	191	2	average	average	ADJ
faba-239	191	3	values	value	NOUN
faba-239	191	4	seem	seem	VERB
faba-239	191	5	to	to	PART
faba-239	191	6	be	be	AUX
faba-239	191	7	significantly	significantly	ADV
faba-239	191	8	biased	biased	ADJ
faba-239	191	9	upwards	upwards	ADV
faba-239	191	10	.	.	PUNCT
faba-239	192	1	they	they	PRON
faba-239	192	2	are	be	AUX
faba-239	192	3	due	due	ADJ
faba-239	192	4	mainly	mainly	ADV
faba-239	192	5	to	to	ADP
faba-239	192	6	extreme	extreme	ADJ
faba-239	192	7	values	value	NOUN
faba-239	192	8	of	of	ADP
faba-239	192	9	some	some	PRON
faba-239	192	10	of	of	ADP
faba-239	192	11	the	the	DET
faba-239	192	12	companies	company	NOUN
faba-239	192	13	in	in	ADP
faba-239	192	14	the	the	DET
faba-239	192	15	group	group	NOUN
faba-239	192	16	.	.	PUNCT
faba-239	193	1	one	one	NUM
faba-239	193	2	way	way	NOUN
faba-239	193	3	of	of	ADP
faba-239	193	4	adjusting	adjust	VERB
faba-239	193	5	databases	database	NOUN
faba-239	193	6	to	to	PART
faba-239	193	7	correct	correct	VERB
faba-239	193	8	for	for	ADP
faba-239	193	9	this	this	DET
faba-239	193	10	distorting	distort	VERB
faba-239	193	11	influence	influence	NOUN
faba-239	193	12	of	of	ADP
faba-239	193	13	such	such	ADJ
faba-239	193	14	outliers	outlier	NOUN
faba-239	193	15	,	,	PUNCT
faba-239	193	16	is	be	AUX
faba-239	193	17	by	by	ADP
faba-239	193	18	assigning	assign	VERB
faba-239	193	19	them	they	PRON
faba-239	193	20	certain	certain	ADJ
faba-239	193	21	closer	close	ADV
faba-239	193	22	to	to	ADP
faba-239	193	23	reality	reality	NOUN
faba-239	193	24	values	value	NOUN
faba-239	193	25	(	(	PUNCT
faba-239	193	26	damodaran	damodaran	VERB
faba-239	193	27	2012	2012	NUM
faba-239	193	28	)	)	PUNCT
faba-239	193	29	.	.	PUNCT
faba-239	194	1	in	in	ADP
faba-239	194	2	this	this	DET
faba-239	194	3	case	case	NOUN
faba-239	194	4	we	we	PRON
faba-239	194	5	could	could	AUX
faba-239	194	6	assign	assign	VERB
faba-239	194	7	a	a	DET
faba-239	194	8	maximum	maximum	ADJ
faba-239	194	9	possible	possible	ADJ
faba-239	194	10	value	value	NOUN
faba-239	194	11	of	of	ADP
faba-239	194	12	pbv	pbv	NOUN
faba-239	194	13	of	of	ADP
faba-239	194	14	10	10	NUM
faba-239	194	15	.	.	PUNCT
faba-239	195	1	the	the	DET
faba-239	195	2	resulting	result	VERB
faba-239	195	3	average	average	NOUN
faba-239	195	4	pbv	pbv	NOUN
faba-239	195	5	for	for	ADP
faba-239	195	6	aamamnt	aamamnt	NOUN
faba-239	195	7	for	for	ADP
faba-239	195	8	the	the	DET
faba-239	195	9	period	period	NOUN
faba-239	195	10	2009	2009	NUM
faba-239	195	11	-	-	SYM
faba-239	195	12	2024	2024	NUM
faba-239	195	13	would	would	AUX
faba-239	195	14	go	go	VERB
faba-239	195	15	down	down	ADV
faba-239	195	16	to	to	ADP
faba-239	195	17	8.45	8.45	NUM
faba-239	195	18	,	,	PUNCT
faba-239	195	19	and	and	CCONJ
faba-239	195	20	the	the	DET
faba-239	195	21	current	current	NOUN
faba-239	195	22	would	would	AUX
faba-239	195	23	go	go	VERB
faba-239	195	24	down	down	ADV
faba-239	195	25	to	to	ADP
faba-239	195	26	9.04	9.04	NUM
faba-239	195	27	.	.	PUNCT
faba-239	196	1	these	these	DET
faba-239	196	2	two	two	NUM
faba-239	196	3	averages	average	NOUN
faba-239	196	4	should	should	AUX
faba-239	196	5	be	be	AUX
faba-239	196	6	much	much	ADV
faba-239	196	7	more	more	ADJ
faba-239	196	8	representative	representative	NOUN
faba-239	196	9	.	.	PUNCT
faba-239	197	1	on	on	ADP
faba-239	197	2	the	the	DET
faba-239	197	3	basis	basis	NOUN
faba-239	197	4	of	of	ADP
faba-239	197	5	them	they	PRON
faba-239	197	6	,	,	PUNCT
faba-239	197	7	the	the	DET
faba-239	197	8	implied	imply	VERB
faba-239	197	9	average	average	ADJ
faba-239	197	10	pbv	pbv	NOUN
faba-239	197	11	for	for	ADP
faba-239	197	12	the	the	DET
faba-239	197	13	period	period	NOUN
faba-239	197	14	2009	2009	NUM
faba-239	197	15	-	-	SYM
faba-239	197	16	2024	2024	NUM
faba-239	197	17	for	for	ADP
faba-239	197	18	the	the	DET
faba-239	197	19	493	493	NUM
faba-239	197	20	companies	company	NOUN
faba-239	197	21	would	would	AUX
faba-239	197	22	obtain	obtain	VERB
faba-239	197	23	the	the	DET
faba-239	197	24	more	more	ADV
faba-239	197	25	reasonable	reasonable	ADJ
faba-239	197	26	value	value	NOUN
faba-239	197	27	of	of	ADP
faba-239	197	28	0.90	0.90	NUM
faba-239	197	29	and	and	CCONJ
faba-239	197	30	the	the	DET
faba-239	197	31	current	current	ADJ
faba-239	197	32	pbv	pbv	NOUN
faba-239	197	33	–	–	PUNCT
faba-239	197	34	of	of	ADP
faba-239	197	35	3.01	3.01	NUM
faba-239	197	36	.	.	PUNCT
faba-239	198	1	https://www.macrotrends.net/stocks/charts/aapl/apple/pe-ratio	https://www.macrotrends.net/stocks/charts/aapl/apple/pe-ratio	NOUN
faba-239	198	2	https://www.multpl.com/s-p-500-price-to-book/table/by-year	https://www.multpl.com/s-p-500-price-to-book/table/by-year	VERB
faba-239	198	3	dimiter	dimiter	NOUN
faba-239	198	4	nenkov	nenkov	NOUN
faba-239	198	5	/	/	SYM
faba-239	198	6	finance	finance	NOUN
faba-239	198	7	,	,	PUNCT
faba-239	198	8	accounting	accounting	NOUN
faba-239	198	9	and	and	CCONJ
faba-239	198	10	business	business	NOUN
faba-239	198	11	analysis	analysis	NOUN
faba-239	198	12	,	,	PUNCT
faba-239	198	13	volume	volume	NOUN
faba-239	198	14	6	6	NUM
faba-239	198	15	,	,	PUNCT
faba-239	198	16	issue	issue	NOUN
faba-239	198	17	2	2	NUM
faba-239	198	18	,	,	PUNCT
faba-239	198	19	2024	2024	NUM
faba-239	198	20	188	188	NUM
faba-239	198	21	table	table	NOUN
faba-239	198	22	7	7	NUM
faba-239	198	23	.	.	PUNCT
faba-239	198	24	share	share	NOUN
faba-239	198	25	price	price	NOUN
faba-239	198	26	growth	growth	NOUN
faba-239	198	27	,	,	PUNCT
faba-239	198	28	eps	eps	X
faba-239	198	29	growth	growth	NOUN
faba-239	198	30	and	and	CCONJ
faba-239	198	31	roe	roe	NOUN
faba-239	198	32	of	of	ADP
faba-239	198	33	aamamnt	aamamnt	NOUN
faba-239	198	34	companies	company	NOUN
faba-239	198	35	during	during	ADP
faba-239	198	36	the	the	DET
faba-239	198	37	period	period	NOUN
faba-239	198	38	2009	2009	NUM
faba-239	198	39	-	-	SYM
faba-239	198	40	2024	2024	NUM
faba-239	198	41	company	company	NOUN
faba-239	198	42	average	average	ADJ
faba-239	198	43	share	share	NOUN
faba-239	198	44	price	price	NOUN
faba-239	198	45	growth	growth	NOUN
faba-239	198	46	2009	2009	NUM
faba-239	198	47	-	-	SYM
faba-239	198	48	2024	2024	NUM
faba-239	198	49	average	average	ADJ
faba-239	198	50	eps	eps	PROPN
faba-239	198	51	growth	growth	NOUN
faba-239	198	52	2009	2009	NUM
faba-239	198	53	-	-	SYM
faba-239	198	54	2024	2024	NUM
faba-239	198	55	average	average	ADJ
faba-239	198	56	roe	roe	NOUN
faba-239	198	57	2009	2009	NUM
faba-239	198	58	-	-	SYM
faba-239	198	59	2024	2024	NUM
faba-239	198	60	current	current	ADJ
faba-239	198	61	roe	roe	NOUN
faba-239	198	62	30	30	NUM
faba-239	198	63	june	june	PROPN
faba-239	198	64	,	,	PUNCT
faba-239	198	65	2024	2024	NUM
faba-239	198	66	apple	apple	NOUN
faba-239	198	67	26.68	26.68	NUM
faba-239	198	68	%	%	NOUN
faba-239	198	69	22.58	22.58	NUM
faba-239	198	70	%	%	NOUN
faba-239	198	71	71.75	71.75	NUM
faba-239	198	72	%	%	NOUN
faba-239	198	73	147.15	147.15	NUM
faba-239	198	74	%	%	NOUN
faba-239	198	75	amazon	amazon	NOUN
faba-239	198	76	24.11	24.11	NUM
faba-239	198	77	%	%	NOUN
faba-239	198	78	28.26	28.26	NUM
faba-239	198	79	%	%	NOUN
faba-239	198	80	13.87	13.87	NUM
faba-239	198	81	%	%	NOUN
faba-239	198	82	21.20	21.20	NUM
faba-239	198	83	%	%	NOUN
faba-239	198	84	microsoft	microsoft	PROPN
faba-239	198	85	20.98	20.98	NUM
faba-239	198	86	%	%	NOUN
faba-239	198	87	13.32	13.32	NUM
faba-239	198	88	%	%	NOUN
faba-239	198	89	34.22	34.22	NUM
faba-239	198	90	%	%	NOUN
faba-239	198	91	35.95	35.95	NUM
faba-239	198	92	%	%	NOUN
faba-239	198	93	alphabet	alphabet	PROPN
faba-239	198	94	/	/	SYM
faba-239	198	95	google	google	PROPN
faba-239	198	96	/class	/class	PUNCT
faba-239	198	97	a/	a/	PROPN
faba-239	199	1	16.37	16.37	NUM
faba-239	199	2	%	%	NOUN
faba-239	199	3	18.52	18.52	NUM
faba-239	199	4	%	%	NOUN
faba-239	199	5	19.36	19.36	NUM
faba-239	199	6	%	%	NOUN
faba-239	199	7	30.48	30.48	NUM
faba-239	199	8	%	%	NOUN
faba-239	199	9	meta	meta	PROPN
faba-239	199	10	platforms	platform	NOUN
faba-239	199	11	/2012	/2012	PROPN
faba-239	199	12	-	-	SYM
faba-239	199	13	2024/	2024/	NUM
faba-239	199	14	27.72	27.72	NUM
faba-239	199	15	%	%	NOUN
faba-239	199	16	22.77	22.77	NUM
faba-239	199	17	%	%	NOUN
faba-239	199	18	19.91	19.91	NUM
faba-239	199	19	%	%	NOUN
faba-239	199	20	34.16	34.16	NUM
faba-239	199	21	%	%	NOUN
faba-239	199	22	nvidia	nvidia	PROPN
faba-239	199	23	32.80	32.80	NUM
faba-239	199	24	%	%	NOUN
faba-239	199	25	115.52	115.52	NUM
faba-239	199	26	%	%	NOUN
faba-239	199	27	tesla	tesla	PROPN
faba-239	199	28	/2010	/2010	PUNCT
faba-239	199	29	-	-	SYM
faba-239	199	30	2024/	2024/	NUM
faba-239	199	31	-83.76	-83.76	PUNCT
faba-239	199	32	%	%	NOUN
faba-239	199	33	19.89	19.89	NUM
faba-239	199	34	%	%	NOUN
faba-239	199	35	aamamnt	aamamnt	NOUN
faba-239	199	36	share	share	NOUN
faba-239	199	37	-	-	PUNCT
faba-239	199	38	price	price	NOUN
faba-239	199	39	growth	growth	NOUN
faba-239	199	40	23.18	23.18	NUM
faba-239	199	41	%	%	NOUN
faba-239	199	42	aamamnt	aamamnt	NOUN
faba-239	199	43	eps	eps	PROPN
faba-239	199	44	growth	growth	NOUN
faba-239	199	45	20.39	20.39	NUM
faba-239	199	46	%	%	NOUN
faba-239	199	47	aamamnt	aamamnt	NOUN
faba-239	199	48	average	average	ADJ
faba-239	199	49	roe	roe	NOUN
faba-239	199	50	(	(	PUNCT
faba-239	199	51	2009	2009	NUM
faba-239	199	52	-	-	SYM
faba-239	199	53	24	24	NUM
faba-239	199	54	)	)	PUNCT
faba-239	199	55	31.57	31.57	NUM
faba-239	199	56	%	%	NOUN
faba-239	199	57	aamamnt	aamamnt	NOUN
faba-239	199	58	current	current	PROPN
faba-239	199	59	roe-30	roe-30	PROPN
faba-239	199	60	june	june	PROPN
faba-239	199	61	,	,	PUNCT
faba-239	199	62	24	24	NUM
faba-239	199	63	72.32	72.32	NUM
faba-239	199	64	%	%	NOUN
faba-239	199	65	s&p	s&p	PROPN
faba-239	199	66	500	500	NUM
faba-239	199	67	share	share	NOUN
faba-239	199	68	-	-	PUNCT
faba-239	199	69	price	price	NOUN
faba-239	199	70	growth	growth	NOUN
faba-239	199	71	9.48	9.48	NUM
faba-239	199	72	%	%	NOUN
faba-239	199	73	s&p	s&p	PROPN
faba-239	199	74	500	500	NUM
faba-239	199	75	eps	eps	PROPN
faba-239	199	76	growth	growth	NOUN
faba-239	199	77	7.23	7.23	NUM
faba-239	199	78	%	%	NOUN
faba-239	199	79	s&p	s&p	PROPN
faba-239	199	80	500	500	NUM
faba-239	199	81	average	average	ADJ
faba-239	199	82	roe	roe	NOUN
faba-239	199	83	(	(	PUNCT
faba-239	199	84	2009	2009	NUM
faba-239	199	85	-	-	SYM
faba-239	199	86	24	24	NUM
faba-239	199	87	)	)	PUNCT
faba-239	199	88	18.25	18.25	NUM
faba-239	199	89	%	%	NOUN
faba-239	199	90	s&p	s&p	PROPN
faba-239	199	91	500	500	NUM
faba-239	199	92	current	current	ADJ
faba-239	199	93	roe-30	roe-30	NOUN
faba-239	199	94	june,24	june,24	VERB
faba-239	199	95	17.34	17.34	NUM
faba-239	199	96	%	%	NOUN
faba-239	199	97	sources	source	NOUN
faba-239	199	98	:	:	PUNCT
faba-239	200	1	calculations	calculation	NOUN
faba-239	200	2	of	of	ADP
faba-239	200	3	the	the	DET
faba-239	200	4	author	author	NOUN
faba-239	200	5	,	,	PUNCT
faba-239	200	6	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	200	7	.......	.......	PUNCT
faba-239	200	8	,	,	PUNCT
faba-239	200	9	(	(	PUNCT
faba-239	200	10	6.09.2024	6.09.2024	NUM
faba-239	200	11	)	)	PUNCT
faba-239	200	12	.	.	PUNCT
faba-239	201	1	https://www.multpl.com/s-p-500-book-value	https://www.multpl.com/s-p-500-book-value	PROPN
faba-239	201	2	,	,	PUNCT
faba-239	201	3	(	(	PUNCT
faba-239	201	4	6.09.2024	6.09.2024	NUM
faba-239	201	5	)	)	PUNCT
faba-239	201	6	table	table	NOUN
faba-239	201	7	7	7	NUM
faba-239	201	8	presents	present	VERB
faba-239	201	9	other	other	ADJ
faba-239	201	10	important	important	ADJ
faba-239	201	11	financial	financial	ADJ
faba-239	201	12	indicators	indicator	NOUN
faba-239	201	13	of	of	ADP
faba-239	201	14	aamamnt	aamamnt	NOUN
faba-239	201	15	companies	company	NOUN
faba-239	201	16	return	return	VERB
faba-239	201	17	on	on	ADP
faba-239	201	18	equity	equity	NOUN
faba-239	201	19	(	(	PUNCT
faba-239	201	20	roe	roe	PROPN
faba-239	201	21	)	)	PUNCT
faba-239	201	22	,	,	PUNCT
faba-239	201	23	average	average	ADJ
faba-239	201	24	growth	growth	NOUN
faba-239	201	25	rate	rate	NOUN
faba-239	201	26	of	of	ADP
faba-239	201	27	share	share	NOUN
faba-239	201	28	prices	price	NOUN
faba-239	201	29	and	and	CCONJ
faba-239	201	30	average	average	ADJ
faba-239	201	31	growth	growth	NOUN
faba-239	201	32	rate	rate	NOUN
faba-239	201	33	of	of	ADP
faba-239	201	34	earnings	earning	NOUN
faba-239	201	35	per	per	ADP
faba-239	201	36	share	share	NOUN
faba-239	201	37	(	(	PUNCT
faba-239	201	38	eps	eps	PROPN
faba-239	201	39	)	)	PUNCT
faba-239	201	40	for	for	ADP
faba-239	201	41	the	the	DET
faba-239	201	42	period	period	NOUN
faba-239	201	43	2009	2009	NUM
faba-239	201	44	-	-	SYM
faba-239	201	45	2024	2024	NUM
faba-239	201	46	.	.	PUNCT
faba-239	202	1	for	for	ADP
faba-239	202	2	direct	direct	ADJ
faba-239	202	3	comparison	comparison	NOUN
faba-239	202	4	purposes	purpose	NOUN
faba-239	202	5	,	,	PUNCT
faba-239	202	6	the	the	DET
faba-239	202	7	same	same	ADJ
faba-239	202	8	indicators	indicator	NOUN
faba-239	202	9	have	have	AUX
faba-239	202	10	been	be	AUX
faba-239	202	11	calculated	calculate	VERB
faba-239	202	12	for	for	ADP
faba-239	202	13	the	the	DET
faba-239	202	14	s&p	s&p	PROPN
faba-239	202	15	500	500	NUM
faba-239	202	16	as	as	ADV
faba-239	202	17	well	well	ADV
faba-239	202	18	.	.	PUNCT
faba-239	203	1	one	one	NUM
faba-239	203	2	idea	idea	NOUN
faba-239	203	3	is	be	AUX
faba-239	203	4	to	to	PART
faba-239	203	5	see	see	VERB
faba-239	203	6	to	to	ADP
faba-239	203	7	what	what	DET
faba-239	203	8	extent	extent	NOUN
faba-239	203	9	the	the	DET
faba-239	203	10	growth	growth	NOUN
faba-239	203	11	rate	rate	NOUN
faba-239	203	12	of	of	ADP
faba-239	203	13	stock	stock	NOUN
faba-239	203	14	prices	price	NOUN
faba-239	203	15	is	be	AUX
faba-239	203	16	supported	support	VERB
faba-239	203	17	by	by	ADP
faba-239	203	18	the	the	DET
faba-239	203	19	growth	growth	NOUN
faba-239	203	20	rate	rate	NOUN
faba-239	203	21	of	of	ADP
faba-239	203	22	eps	eps	PROPN
faba-239	203	23	.	.	PUNCT
faba-239	204	1	this	this	DET
faba-239	204	2	earnings	earning	NOUN
faba-239	204	3	growth	growth	NOUN
faba-239	204	4	has	have	AUX
faba-239	204	5	always	always	ADV
faba-239	204	6	been	be	AUX
faba-239	204	7	cited	cite	VERB
faba-239	204	8	as	as	ADP
faba-239	204	9	a	a	DET
faba-239	204	10	key	key	ADJ
faba-239	204	11	argument	argument	NOUN
faba-239	204	12	in	in	ADP
faba-239	204	13	defense	defense	NOUN
faba-239	204	14	of	of	ADP
faba-239	204	15	high	high	ADJ
faba-239	204	16	market	market	NOUN
faba-239	204	17	price	price	NOUN
faba-239	204	18	levels	level	NOUN
faba-239	204	19	.	.	PUNCT
faba-239	205	1	the	the	DET
faba-239	205	2	growth	growth	NOUN
faba-239	205	3	rates	rate	NOUN
faba-239	205	4	in	in	ADP
faba-239	205	5	this	this	DET
faba-239	205	6	case	case	NOUN
faba-239	205	7	are	be	AUX
faba-239	205	8	calculated	calculate	VERB
faba-239	205	9	as	as	ADP
faba-239	205	10	geometric	geometric	ADJ
faba-239	205	11	average	average	ADJ
faba-239	205	12	(	(	PUNCT
faba-239	205	13	point	point	NOUN
faba-239	205	14	-	-	PUNCT
faba-239	205	15	to	to	ADP
faba-239	205	16	-	-	PUNCT
faba-239	205	17	point	point	NOUN
faba-239	205	18	)	)	PUNCT
faba-239	205	19	.	.	PUNCT
faba-239	206	1	the	the	DET
faba-239	206	2	calculated	calculate	VERB
faba-239	206	3	eps	eps	PROPN
faba-239	206	4	growth	growth	NOUN
faba-239	206	5	rates	rate	NOUN
faba-239	206	6	for	for	ADP
faba-239	206	7	nvidia	nvidia	PROPN
faba-239	206	8	and	and	CCONJ
faba-239	206	9	tesla	tesla	PROPN
faba-239	206	10	are	be	AUX
faba-239	206	11	ignored	ignore	VERB
faba-239	206	12	in	in	ADP
faba-239	206	13	the	the	DET
faba-239	206	14	table	table	NOUN
faba-239	206	15	,	,	PUNCT
faba-239	206	16	because	because	SCONJ
faba-239	206	17	they	they	PRON
faba-239	206	18	have	have	VERB
faba-239	206	19	values	value	NOUN
faba-239	206	20	,	,	PUNCT
faba-239	206	21	which	which	PRON
faba-239	206	22	are	be	AUX
faba-239	206	23	meaningless	meaningless	ADJ
faba-239	206	24	(	(	PUNCT
faba-239	206	25	these	these	DET
faba-239	206	26	values	value	NOUN
faba-239	206	27	are	be	AUX
faba-239	206	28	negative	negative	ADJ
faba-239	206	29	because	because	SCONJ
faba-239	206	30	of	of	ADP
faba-239	206	31	negative	negative	ADJ
faba-239	206	32	earnings	earning	NOUN
faba-239	206	33	in	in	ADP
faba-239	206	34	the	the	DET
faba-239	206	35	beginning	beginning	NOUN
faba-239	206	36	of	of	ADP
faba-239	206	37	the	the	DET
faba-239	206	38	period	period	NOUN
faba-239	206	39	)	)	PUNCT
faba-239	206	40	.	.	PUNCT
faba-239	207	1	the	the	DET
faba-239	207	2	average	average	ADJ
faba-239	207	3	growth	growth	NOUN
faba-239	207	4	rates	rate	NOUN
faba-239	207	5	for	for	ADP
faba-239	207	6	the	the	DET
faba-239	207	7	group	group	NOUN
faba-239	207	8	,	,	PUNCT
faba-239	207	9	respectively	respectively	ADV
faba-239	207	10	,	,	PUNCT
faba-239	207	11	are	be	AUX
faba-239	207	12	determined	determine	VERB
faba-239	207	13	on	on	ADP
faba-239	207	14	the	the	DET
faba-239	207	15	basis	basis	NOUN
faba-239	207	16	of	of	ADP
faba-239	207	17	the	the	DET
faba-239	207	18	first	first	ADJ
faba-239	207	19	5	5	NUM
faba-239	207	20	companies	company	NOUN
faba-239	207	21	only	only	ADV
faba-239	207	22	.	.	PUNCT
faba-239	208	1	the	the	DET
faba-239	208	2	table	table	NOUN
faba-239	208	3	shows	show	VERB
faba-239	208	4	that	that	SCONJ
faba-239	208	5	the	the	DET
faba-239	208	6	average	average	ADJ
faba-239	208	7	annual	annual	ADJ
faba-239	208	8	growth	growth	NOUN
faba-239	208	9	rate	rate	NOUN
faba-239	208	10	of	of	ADP
faba-239	208	11	eps	eps	PROPN
faba-239	208	12	was	be	AUX
faba-239	208	13	higher	high	ADJ
faba-239	208	14	than	than	ADP
faba-239	208	15	the	the	DET
faba-239	208	16	growth	growth	NOUN
faba-239	208	17	rate	rate	NOUN
faba-239	208	18	of	of	ADP
faba-239	208	19	stock	stock	NOUN
faba-239	208	20	prices	price	NOUN
faba-239	208	21	only	only	ADV
faba-239	208	22	for	for	ADP
faba-239	208	23	amazon	amazon	NOUN
faba-239	208	24	and	and	CCONJ
faba-239	208	25	alphabet	alphabet	NOUN
faba-239	208	26	.	.	PUNCT
faba-239	209	1	for	for	ADP
faba-239	209	2	the	the	DET
faba-239	209	3	other	other	ADJ
faba-239	209	4	3	3	NUM
faba-239	209	5	companies	company	NOUN
faba-239	209	6	,	,	PUNCT
faba-239	209	7	the	the	DET
faba-239	209	8	increase	increase	NOUN
faba-239	209	9	in	in	ADP
faba-239	209	10	eps	eps	PROPN
faba-239	209	11	was	be	AUX
faba-239	209	12	clearly	clearly	ADV
faba-239	209	13	lower	low	ADJ
faba-239	209	14	,	,	PUNCT
faba-239	209	15	compared	compare	VERB
faba-239	209	16	to	to	ADP
faba-239	209	17	the	the	DET
faba-239	209	18	increase	increase	NOUN
faba-239	209	19	in	in	ADP
faba-239	209	20	their	their	PRON
faba-239	209	21	share	share	NOUN
faba-239	209	22	prices	price	NOUN
faba-239	209	23	.	.	PUNCT
faba-239	210	1	this	this	PRON
faba-239	210	2	gives	give	VERB
faba-239	210	3	some	some	DET
faba-239	210	4	reason	reason	NOUN
faba-239	210	5	to	to	PART
faba-239	210	6	question	question	VERB
faba-239	210	7	the	the	DET
faba-239	210	8	arguments	argument	NOUN
faba-239	210	9	that	that	SCONJ
faba-239	210	10	the	the	DET
faba-239	210	11	increase	increase	NOUN
faba-239	210	12	in	in	ADP
faba-239	210	13	prices	price	NOUN
faba-239	210	14	is	be	AUX
faba-239	210	15	fully	fully	ADV
faba-239	210	16	justified	justify	VERB
faba-239	210	17	and	and	CCONJ
faba-239	210	18	supported	support	VERB
faba-239	210	19	by	by	ADP
faba-239	210	20	the	the	DET
faba-239	210	21	growth	growth	NOUN
faba-239	210	22	of	of	ADP
faba-239	210	23	net	net	ADJ
faba-239	210	24	profits	profit	NOUN
faba-239	210	25	.	.	PUNCT
faba-239	211	1	the	the	DET
faba-239	211	2	calculated	calculated	ADJ
faba-239	211	3	average	average	ADJ
faba-239	211	4	price	price	NOUN
faba-239	211	5	growth	growth	NOUN
faba-239	211	6	rate	rate	NOUN
faba-239	211	7	for	for	ADP
faba-239	211	8	the	the	DET
faba-239	211	9	five	five	NUM
faba-239	211	10	companies	company	NOUN
faba-239	211	11	(	(	PUNCT
faba-239	211	12	weighted	weight	VERB
faba-239	211	13	according	accord	VERB
faba-239	211	14	to	to	ADP
faba-239	211	15	the	the	DET
faba-239	211	16	market	market	NOUN
faba-239	211	17	value	value	NOUN
faba-239	211	18	of	of	ADP
faba-239	211	19	each	each	PRON
faba-239	211	20	)	)	PUNCT
faba-239	211	21	is	be	AUX
faba-239	211	22	23.18	23.18	NUM
faba-239	211	23	%	%	NOUN
faba-239	211	24	,	,	PUNCT
faba-239	211	25	about	about	ADV
faba-239	211	26	three	three	NUM
faba-239	211	27	percentage	percentage	NOUN
faba-239	211	28	points	point	NOUN
faba-239	211	29	higher	high	ADJ
faba-239	211	30	than	than	ADP
faba-239	211	31	the	the	DET
faba-239	211	32	average	average	ADJ
faba-239	211	33	eps	eps	PROPN
faba-239	211	34	growth	growth	NOUN
faba-239	211	35	rate	rate	NOUN
faba-239	211	36	of	of	ADP
faba-239	211	37	20.39	20.39	NUM
faba-239	211	38	%	%	NOUN
faba-239	211	39	.	.	PUNCT
faba-239	212	1	thus	thus	ADV
faba-239	212	2	,	,	PUNCT
faba-239	212	3	if	if	SCONJ
faba-239	212	4	we	we	PRON
faba-239	212	5	assume	assume	VERB
faba-239	212	6	that	that	SCONJ
faba-239	212	7	these	these	DET
faba-239	212	8	growth	growth	NOUN
faba-239	212	9	rates	rate	NOUN
faba-239	212	10	are	be	AUX
faba-239	212	11	representative	representative	ADJ
faba-239	212	12	for	for	ADP
faba-239	212	13	all	all	DET
faba-239	212	14	seven	seven	NUM
faba-239	212	15	companies	company	NOUN
faba-239	212	16	,	,	PUNCT
faba-239	212	17	the	the	DET
faba-239	212	18	growth	growth	NOUN
faba-239	212	19	of	of	ADP
faba-239	212	20	“	"	PUNCT
faba-239	212	21	the	the	DET
faba-239	212	22	super	super	ADJ
faba-239	212	23	seven	seven	NUM
faba-239	212	24	”	"	PUNCT
faba-239	212	25	share	share	NOUN
faba-239	212	26	prices	price	NOUN
faba-239	212	27	in	in	ADP
faba-239	212	28	general	general	ADJ
faba-239	212	29	,	,	PUNCT
faba-239	212	30	in	in	ADP
faba-239	212	31	the	the	DET
faba-239	212	32	period	period	NOUN
faba-239	212	33	2009	2009	NUM
faba-239	212	34	-	-	SYM
faba-239	212	35	2024	2024	NUM
faba-239	212	36	,	,	PUNCT
faba-239	212	37	does	do	AUX
faba-239	212	38	not	not	PART
faba-239	212	39	seem	seem	VERB
faba-239	212	40	quite	quite	ADV
faba-239	212	41	supported	support	VERB
faba-239	212	42	as	as	ADP
faba-239	212	43	a	a	DET
faba-239	212	44	whole	whole	NOUN
faba-239	212	45	by	by	ADP
faba-239	212	46	the	the	DET
faba-239	212	47	corresponding	corresponding	ADJ
faba-239	212	48	increase	increase	NOUN
faba-239	212	49	in	in	ADP
faba-239	212	50	eps	eps	PROPN
faba-239	212	51	.	.	PUNCT
faba-239	213	1	the	the	DET
faba-239	213	2	indicators	indicator	NOUN
faba-239	213	3	in	in	ADP
faba-239	213	4	table	table	NOUN
faba-239	213	5	7	7	NUM
faba-239	213	6	also	also	ADV
faba-239	213	7	show	show	VERB
faba-239	213	8	that	that	SCONJ
faba-239	213	9	the	the	DET
faba-239	213	10	average	average	ADJ
faba-239	213	11	growth	growth	NOUN
faba-239	213	12	rates	rate	NOUN
faba-239	213	13	of	of	ADP
faba-239	213	14	stock	stock	NOUN
faba-239	213	15	prices	price	NOUN
faba-239	213	16	and	and	CCONJ
faba-239	213	17	eps	eps	PROPN
faba-239	213	18	of	of	ADP
faba-239	213	19	aamamnt	aamamnt	NOUN
faba-239	213	20	companies	company	NOUN
faba-239	213	21	are	be	AUX
faba-239	213	22	about	about	ADV
faba-239	213	23	two	two	NUM
faba-239	213	24	times	time	NOUN
faba-239	213	25	higher	high	ADJ
faba-239	213	26	than	than	ADP
faba-239	213	27	those	those	PRON
faba-239	213	28	of	of	ADP
faba-239	213	29	the	the	DET
faba-239	213	30	s&p	s&p	PROPN
faba-239	213	31	500	500	NUM
faba-239	213	32	index	index	NOUN
faba-239	213	33	.	.	PUNCT
faba-239	214	1	in	in	ADP
faba-239	214	2	this	this	DET
faba-239	214	3	regard	regard	NOUN
faba-239	214	4	,	,	PUNCT
faba-239	214	5	further	further	ADJ
faba-239	214	6	analysis	analysis	NOUN
faba-239	214	7	of	of	ADP
faba-239	214	8	the	the	DET
faba-239	214	9	factors	factor	NOUN
faba-239	214	10	that	that	PRON
faba-239	214	11	determine	determine	VERB
faba-239	214	12	this	this	DET
faba-239	214	13	higher	high	ADJ
faba-239	214	14	growth	growth	NOUN
faba-239	214	15	of	of	ADP
faba-239	214	16	eps	eps	PROPN
faba-239	214	17	of	of	ADP
faba-239	214	18	the	the	DET
faba-239	214	19	aamamnt	aamamnt	NOUN
faba-239	214	20	companies	company	NOUN
faba-239	214	21	is	be	AUX
faba-239	214	22	needed	need	VERB
faba-239	214	23	.	.	PUNCT
faba-239	215	1	the	the	DET
faba-239	215	2	growth	growth	NOUN
faba-239	215	3	of	of	ADP
faba-239	215	4	the	the	DET
faba-239	215	5	index	index	NOUN
faba-239	215	6	itself	itself	PRON
faba-239	215	7	(	(	PUNCT
faba-239	215	8	stock	stock	NOUN
faba-239	215	9	price	price	NOUN
faba-239	215	10	levels	level	NOUN
faba-239	215	11	)	)	PUNCT
faba-239	215	12	is	be	AUX
faba-239	215	13	by	by	ADP
faba-239	215	14	about	about	ADV
faba-239	215	15	two	two	NUM
faba-239	215	16	percentage	percentage	NOUN
faba-239	215	17	points	point	NOUN
faba-239	215	18	higher	high	ADJ
faba-239	215	19	than	than	ADP
faba-239	215	20	the	the	DET
faba-239	215	21	growth	growth	NOUN
faba-239	215	22	of	of	ADP
faba-239	215	23	its	its	PRON
faba-239	215	24	eps	eps	PROPN
faba-239	215	25	.	.	PROPN
faba-239	216	1	an	an	DET
faba-239	216	2	important	important	ADJ
faba-239	216	3	factor	factor	NOUN
faba-239	216	4	for	for	ADP
faba-239	216	5	the	the	DET
faba-239	216	6	high	high	ADJ
faba-239	216	7	growth	growth	NOUN
faba-239	216	8	rate	rate	NOUN
faba-239	216	9	of	of	ADP
faba-239	216	10	eps	eps	PROPN
faba-239	216	11	of	of	ADP
faba-239	216	12	aamamnt	aamamnt	NOUN
faba-239	216	13	companies	company	NOUN
faba-239	216	14	is	be	AUX
faba-239	216	15	their	their	PRON
faba-239	216	16	high	high	ADJ
faba-239	216	17	return	return	NOUN
faba-239	216	18	on	on	ADP
faba-239	216	19	equity	equity	NOUN
faba-239	216	20	(	(	PUNCT
faba-239	216	21	roe	roe	PROPN
faba-239	216	22	)	)	PUNCT
faba-239	216	23	.	.	PUNCT
faba-239	217	1	as	as	SCONJ
faba-239	217	2	it	it	PRON
faba-239	217	3	has	have	AUX
faba-239	217	4	already	already	ADV
faba-239	217	5	become	become	VERB
faba-239	217	6	clear	clear	ADJ
faba-239	217	7	,	,	PUNCT
faba-239	217	8	it	it	PRON
faba-239	217	9	is	be	AUX
faba-239	217	10	an	an	DET
faba-239	217	11	indicator	indicator	NOUN
faba-239	217	12	of	of	ADP
faba-239	217	13	the	the	DET
faba-239	217	14	key	key	ADJ
faba-239	217	15	fundamental	fundamental	ADJ
faba-239	217	16	variable	variable	ADJ
faba-239	217	17	potential	potential	NOUN
faba-239	217	18	for	for	ADP
faba-239	217	19	generating	generate	VERB
faba-239	217	20	income	income	NOUN
faba-239	217	21	(	(	PUNCT
faba-239	217	22	cash	cash	NOUN
faba-239	217	23	flows	flow	NOUN
faba-239	217	24	)	)	PUNCT
faba-239	217	25	.	.	PUNCT
faba-239	218	1	therefore	therefore	ADV
faba-239	218	2	,	,	PUNCT
faba-239	218	3	the	the	DET
faba-239	218	4	roe	roe	NOUN
faba-239	218	5	ratio	ratio	NOUN
faba-239	218	6	,	,	PUNCT
faba-239	218	7	together	together	ADV
faba-239	218	8	with	with	ADP
faba-239	218	9	the	the	DET
faba-239	218	10	retention	retention	NOUN
faba-239	218	11	ratio	ratio	NOUN
faba-239	218	12	,	,	PUNCT
faba-239	218	13	predetermine	predetermine	VERB
faba-239	218	14	the	the	DET
faba-239	218	15	so	so	ADV
faba-239	218	16	-	-	PUNCT
faba-239	218	17	called	call	VERB
faba-239	218	18	internal	internal	ADJ
faba-239	218	19	growth	growth	NOUN
faba-239	218	20	rate	rate	NOUN
faba-239	218	21	of	of	ADP
faba-239	218	22	eps	eps	PROPN
faba-239	218	23	in	in	ADP
faba-239	218	24	the	the	DET
faba-239	218	25	future	future	NOUN
faba-239	218	26	(	(	PUNCT
faba-239	218	27	nenkov	nenkov	PROPN
faba-239	218	28	2021	2021	NUM
faba-239	218	29	)	)	PUNCT
faba-239	218	30	.	.	PUNCT
faba-239	219	1	for	for	ADP
faba-239	219	2	the	the	DET
faba-239	219	3	period	period	NOUN
faba-239	219	4	2009	2009	NUM
faba-239	219	5	-	-	SYM
faba-239	219	6	2024	2024	NUM
faba-239	219	7	,	,	PUNCT
faba-239	219	8	the	the	DET
faba-239	219	9	average	average	ADJ
faba-239	219	10	roe	roe	NOUN
faba-239	219	11	for	for	ADP
faba-239	219	12	each	each	PRON
faba-239	219	13	of	of	ADP
faba-239	219	14	the	the	DET
faba-239	219	15	seven	seven	NUM
faba-239	219	16	companies	company	NOUN
faba-239	219	17	has	have	AUX
faba-239	219	18	ranged	range	VERB
faba-239	219	19	from	from	ADP
faba-239	219	20	-83.76	-83.76	PUNCT
faba-239	219	21	%	%	NOUN
faba-239	219	22	for	for	ADP
faba-239	219	23	tesla	tesla	PROPN
faba-239	219	24	to	to	ADP
faba-239	219	25	71.75	71.75	NUM
faba-239	219	26	%	%	NOUN
faba-239	219	27	for	for	ADP
faba-239	219	28	apple	apple	NOUN
faba-239	219	29	.	.	PUNCT
faba-239	220	1	microsoft	microsoft	PROPN
faba-239	220	2	is	be	AUX
faba-239	220	3	in	in	ADP
faba-239	220	4	second	second	ADJ
faba-239	220	5	place	place	NOUN
faba-239	220	6	with	with	ADP
faba-239	220	7	an	an	DET
faba-239	220	8	roe	roe	NOUN
faba-239	220	9	of	of	ADP
faba-239	220	10	34.22	34.22	NUM
faba-239	220	11	%	%	NOUN
faba-239	220	12	,	,	PUNCT
faba-239	220	13	followed	follow	VERB
faba-239	220	14	by	by	ADP
faba-239	220	15	nvidia	nvidia	PROPN
faba-239	220	16	with	with	ADP
faba-239	220	17	32.80	32.80	NUM
faba-239	220	18	%	%	NOUN
faba-239	220	19	.	.	PUNCT
faba-239	221	1	meta	meta	PROPN
faba-239	221	2	platforms	platform	NOUN
faba-239	221	3	,	,	PUNCT
faba-239	221	4	alphabet	alphabet	NOUN
faba-239	221	5	and	and	CCONJ
faba-239	221	6	amazon	amazon	NOUN
faba-239	221	7	have	have	VERB
faba-239	221	8	roe	roe	NOUN
faba-239	221	9	below	below	ADP
faba-239	221	10	20	20	NUM
faba-239	221	11	%	%	NOUN
faba-239	221	12	.	.	PUNCT
faba-239	222	1	the	the	DET
faba-239	222	2	weighted	weight	VERB
faba-239	222	3	average	average	NOUN
faba-239	222	4	for	for	ADP
faba-239	222	5	the	the	DET
faba-239	222	6	six	six	NUM
faba-239	222	7	companies	company	NOUN
faba-239	222	8	for	for	ADP
faba-239	222	9	the	the	DET
faba-239	222	10	period	period	NOUN
faba-239	222	11	is	be	AUX
faba-239	222	12	31.57	31.57	NUM
faba-239	222	13	%	%	NOUN
faba-239	222	14	.	.	PUNCT
faba-239	223	1	the	the	DET
faba-239	223	2	average	average	ADJ
faba-239	223	3	roe	roe	NOUN
faba-239	223	4	of	of	ADP
faba-239	223	5	the	the	DET
faba-239	223	6	s&p	s&p	PROPN
faba-239	223	7	500	500	NUM
faba-239	223	8	for	for	ADP
faba-239	223	9	the	the	DET
faba-239	223	10	period	period	NOUN
faba-239	223	11	is	be	AUX
faba-239	223	12	much	much	ADV
faba-239	223	13	lower	low	ADJ
faba-239	223	14	–	–	PUNCT
faba-239	223	15	18.25	18.25	NUM
faba-239	223	16	%	%	NOUN
faba-239	223	17	.	.	PUNCT
faba-239	224	1	the	the	DET
faba-239	224	2	current	current	ADJ
faba-239	224	3	roe	roe	NOUN
faba-239	224	4	for	for	ADP
faba-239	224	5	the	the	DET
faba-239	224	6	group	group	NOUN
faba-239	224	7	,	,	PUNCT
faba-239	224	8	calculated	calculate	VERB
faba-239	224	9	on	on	ADP
faba-239	224	10	the	the	DET
faba-239	224	11	basis	basis	NOUN
faba-239	224	12	of	of	ADP
faba-239	224	13	published	publish	VERB
faba-239	224	14	profits	profit	NOUN
faba-239	224	15	as	as	ADP
faba-239	224	16	of	of	ADP
faba-239	224	17	june	june	PROPN
faba-239	224	18	30	30	NUM
faba-239	224	19	,	,	PUNCT
faba-239	224	20	2024	2024	NUM
faba-239	224	21	,	,	PUNCT
faba-239	224	22	is	be	AUX
faba-239	224	23	72.32	72.32	NUM
faba-239	224	24	%	%	NOUN
faba-239	224	25	,	,	PUNCT
faba-239	224	26	more	more	ADJ
faba-239	224	27	than	than	ADP
faba-239	224	28	twice	twice	ADV
faba-239	224	29	higher	high	ADJ
faba-239	224	30	than	than	ADP
faba-239	224	31	the	the	DET
faba-239	224	32	average	average	NOUN
faba-239	224	33	for	for	ADP
faba-239	224	34	the	the	DET
faba-239	224	35	analyzed	analyze	VERB
faba-239	224	36	period	period	NOUN
faba-239	224	37	2009	2009	NUM
faba-239	224	38	-	-	SYM
faba-239	224	39	2024	2024	NUM
faba-239	224	40	.	.	PUNCT
faba-239	225	1	this	this	PRON
faba-239	225	2	is	be	AUX
faba-239	225	3	due	due	ADJ
faba-239	225	4	mainly	mainly	ADV
faba-239	225	5	to	to	ADP
faba-239	225	6	the	the	DET
faba-239	225	7	extremely	extremely	ADV
faba-239	225	8	high	high	ADJ
faba-239	225	9	apple	apple	NOUN
faba-239	225	10	’s	’s	PART
faba-239	225	11	roe	roe	NOUN
faba-239	225	12	of	of	ADP
faba-239	225	13	147.15	147.15	NUM
faba-239	225	14	%	%	NOUN
faba-239	225	15	and	and	CCONJ
faba-239	225	16	nvidia	nvidia	PROPN
faba-239	225	17	’s	’s	PART
faba-239	225	18	roe	roe	NOUN
faba-239	225	19	of	of	ADP
faba-239	225	20	115.52	115.52	NUM
faba-239	225	21	%	%	NOUN
faba-239	225	22	.	.	PUNCT
faba-239	226	1	the	the	DET
faba-239	226	2	roes	roe	NOUN
faba-239	226	3	of	of	ADP
faba-239	226	4	the	the	DET
faba-239	226	5	rest	rest	NOUN
faba-239	226	6	are	be	AUX
faba-239	226	7	within	within	ADP
faba-239	226	8	https://www.macrotrends.net/stocks/charts/aapl/apple/pe-ratio	https://www.macrotrends.net/stocks/charts/aapl/apple/pe-ratio	PROPN
faba-239	226	9	https://www.multpl.com/s-p-500-book-value/table/by-year	https://www.multpl.com/s-p-500-book-value/table/by-year	ADJ
faba-239	226	10	dimiter	dimiter	NOUN
faba-239	226	11	nenkov	nenkov	PROPN
faba-239	226	12	/	/	SYM
faba-239	226	13	finance	finance	NOUN
faba-239	226	14	,	,	PUNCT
faba-239	226	15	accounting	accounting	NOUN
faba-239	226	16	and	and	CCONJ
faba-239	226	17	business	business	NOUN
faba-239	226	18	analysis	analysis	NOUN
faba-239	226	19	,	,	PUNCT
faba-239	226	20	volume	volume	NOUN
faba-239	226	21	6	6	NUM
faba-239	226	22	,	,	PUNCT
faba-239	226	23	issue	issue	NOUN
faba-239	226	24	2	2	NUM
faba-239	226	25	,	,	PUNCT
faba-239	226	26	2024	2024	NUM
faba-239	226	27	189	189	NUM
faba-239	227	1	the	the	DET
faba-239	227	2	range	range	NOUN
faba-239	227	3	19.89	19.89	NUM
faba-239	227	4	%	%	NOUN
faba-239	227	5	-35.95	-35.95	INTJ
faba-239	227	6	%	%	INTJ
faba-239	227	7	.	.	PUNCT
faba-239	228	1	the	the	DET
faba-239	228	2	current	current	ADJ
faba-239	228	3	roe	roe	NOUN
faba-239	228	4	of	of	ADP
faba-239	228	5	s&p	s&p	PROPN
faba-239	228	6	500	500	NUM
faba-239	228	7	is	be	AUX
faba-239	228	8	17.34	17.34	NUM
faba-239	228	9	%	%	NOUN
faba-239	228	10	,	,	PUNCT
faba-239	228	11	or	or	CCONJ
faba-239	228	12	4	4	NUM
faba-239	228	13	times	time	NOUN
faba-239	228	14	lower	low	ADJ
faba-239	228	15	than	than	ADP
faba-239	228	16	that	that	PRON
faba-239	228	17	of	of	ADP
faba-239	228	18	aamamnt	aamamnt	NOUN
faba-239	228	19	.	.	PUNCT
faba-239	229	1	these	these	DET
faba-239	229	2	extremely	extremely	ADV
faba-239	229	3	high	high	ADJ
faba-239	229	4	roes	roe	NOUN
faba-239	229	5	for	for	ADP
faba-239	229	6	apple	apple	NOUN
faba-239	229	7	and	and	CCONJ
faba-239	229	8	nvidia	nvidia	PROPN
faba-239	229	9	should	should	AUX
faba-239	229	10	be	be	AUX
faba-239	229	11	considered	consider	VERB
faba-239	229	12	as	as	ADP
faba-239	229	13	the	the	DET
faba-239	229	14	major	major	ADJ
faba-239	229	15	factors	factor	NOUN
faba-239	229	16	for	for	ADP
faba-239	229	17	the	the	DET
faba-239	229	18	extremely	extremely	ADV
faba-239	229	19	high	high	ADJ
faba-239	229	20	pbvs	pbvs	NOUN
faba-239	229	21	of	of	ADP
faba-239	229	22	the	the	DET
faba-239	229	23	two	two	NUM
faba-239	229	24	companies	company	NOUN
faba-239	229	25	.	.	PUNCT
faba-239	230	1	the	the	DET
faba-239	230	2	reason	reason	NOUN
faba-239	230	3	is	be	AUX
faba-239	230	4	that	that	SCONJ
faba-239	230	5	roe	roe	NOUN
faba-239	230	6	is	be	AUX
faba-239	230	7	the	the	DET
faba-239	230	8	so	so	ADV
faba-239	230	9	called	call	VERB
faba-239	230	10	“	"	PUNCT
faba-239	230	11	companion	companion	NOUN
faba-239	230	12	variable	variable	NOUN
faba-239	230	13	”	"	PUNCT
faba-239	230	14	for	for	ADP
faba-239	230	15	pbv	pbv	ADJ
faba-239	230	16	,	,	PUNCT
faba-239	230	17	or	or	CCONJ
faba-239	230	18	in	in	ADP
faba-239	230	19	other	other	ADJ
faba-239	230	20	words	word	NOUN
faba-239	230	21	,	,	PUNCT
faba-239	230	22	the	the	DET
faba-239	230	23	variable	variable	NOUN
faba-239	230	24	which	which	PRON
faba-239	230	25	has	have	VERB
faba-239	230	26	the	the	DET
faba-239	230	27	highest	high	ADJ
faba-239	230	28	influence	influence	NOUN
faba-239	230	29	over	over	ADP
faba-239	230	30	the	the	DET
faba-239	230	31	levels	level	NOUN
faba-239	230	32	of	of	ADP
faba-239	230	33	the	the	DET
faba-239	230	34	pbv	pbv	ADJ
faba-239	230	35	ratios	ratio	NOUN
faba-239	230	36	(	(	PUNCT
faba-239	230	37	damodaran	damodaran	VERB
faba-239	230	38	2012	2012	NUM
faba-239	230	39	)	)	PUNCT
faba-239	230	40	.	.	PUNCT
faba-239	231	1	here	here	ADV
faba-239	231	2	,	,	PUNCT
faba-239	231	3	however	however	ADV
faba-239	231	4	,	,	PUNCT
faba-239	231	5	a	a	DET
faba-239	231	6	very	very	ADV
faba-239	231	7	important	important	ADJ
faba-239	231	8	question	question	NOUN
faba-239	231	9	arises	arise	VERB
faba-239	231	10	to	to	ADP
faba-239	231	11	what	what	DET
faba-239	231	12	extent	extent	NOUN
faba-239	231	13	the	the	DET
faba-239	231	14	roe	roe	NOUN
faba-239	231	15	calculated	calculate	VERB
faba-239	231	16	for	for	ADP
faba-239	231	17	these	these	DET
faba-239	231	18	companies	company	NOUN
faba-239	231	19	is	be	AUX
faba-239	231	20	indicative	indicative	ADJ
faba-239	231	21	of	of	ADP
faba-239	231	22	the	the	DET
faba-239	231	23	actual	actual	ADJ
faba-239	231	24	return	return	NOUN
faba-239	231	25	on	on	ADP
faba-239	231	26	equity	equity	NOUN
faba-239	231	27	.	.	PUNCT
faba-239	232	1	the	the	DET
faba-239	232	2	reason	reason	NOUN
faba-239	232	3	for	for	ADP
faba-239	232	4	such	such	ADJ
faba-239	232	5	doubts	doubt	NOUN
faba-239	232	6	comes	come	VERB
faba-239	232	7	from	from	ADP
faba-239	232	8	the	the	DET
faba-239	232	9	fact	fact	NOUN
faba-239	232	10	that	that	SCONJ
faba-239	232	11	roe	roe	PROPN
faba-239	232	12	is	be	AUX
faba-239	232	13	calculated	calculate	VERB
faba-239	232	14	on	on	ADP
faba-239	232	15	the	the	DET
faba-239	232	16	basis	basis	NOUN
faba-239	232	17	of	of	ADP
faba-239	232	18	the	the	DET
faba-239	232	19	book	book	NOUN
faba-239	232	20	value	value	NOUN
faba-239	232	21	of	of	ADP
faba-239	232	22	equity	equity	NOUN
faba-239	232	23	,	,	PUNCT
faba-239	232	24	and	and	CCONJ
faba-239	232	25	in	in	ADP
faba-239	232	26	these	these	DET
faba-239	232	27	companies	company	NOUN
faba-239	232	28	it	it	PRON
faba-239	232	29	does	do	AUX
faba-239	232	30	not	not	PART
faba-239	232	31	seem	seem	VERB
faba-239	232	32	to	to	PART
faba-239	232	33	be	be	AUX
faba-239	232	34	representative	representative	ADJ
faba-239	232	35	at	at	ADV
faba-239	232	36	all	all	ADV
faba-239	232	37	.	.	PUNCT
faba-239	233	1	the	the	DET
faba-239	233	2	indicator	indicator	NOUN
faba-239	233	3	for	for	ADP
faba-239	233	4	this	this	PRON
faba-239	233	5	are	be	AUX
faba-239	233	6	the	the	DET
faba-239	233	7	abnormally	abnormally	ADV
faba-239	233	8	high	high	ADJ
faba-239	233	9	price	price	NOUN
faba-239	233	10	-	-	PUNCT
faba-239	233	11	to	to	ADP
faba-239	233	12	-	-	PUNCT
faba-239	233	13	book	book	NOUN
faba-239	233	14	value	value	NOUN
faba-239	233	15	(	(	PUNCT
faba-239	233	16	pbv	pbv	ADJ
faba-239	233	17	)	)	PUNCT
faba-239	233	18	ratios	ratio	NOUN
faba-239	233	19	discussed	discuss	VERB
faba-239	233	20	above	above	ADV
faba-239	233	21	.	.	PUNCT
faba-239	234	1	it	it	PRON
faba-239	234	2	would	would	AUX
faba-239	234	3	be	be	AUX
faba-239	234	4	rather	rather	ADV
faba-239	234	5	superficial	superficial	ADJ
faba-239	234	6	to	to	PART
faba-239	234	7	explain	explain	VERB
faba-239	234	8	these	these	DET
faba-239	234	9	extremely	extremely	ADV
faba-239	234	10	high	high	ADJ
faba-239	234	11	coefficients	coefficient	NOUN
faba-239	234	12	only	only	ADV
faba-239	234	13	with	with	ADP
faba-239	234	14	the	the	DET
faba-239	234	15	high	high	ADJ
faba-239	234	16	return	return	NOUN
faba-239	234	17	and	and	CCONJ
faba-239	234	18	growth	growth	NOUN
faba-239	234	19	.	.	PUNCT
faba-239	235	1	rather	rather	ADV
faba-239	235	2	,	,	PUNCT
faba-239	235	3	the	the	DET
faba-239	235	4	book	book	NOUN
faba-239	235	5	value	value	NOUN
faba-239	235	6	of	of	ADP
faba-239	235	7	most	most	ADJ
faba-239	235	8	of	of	ADP
faba-239	235	9	these	these	DET
faba-239	235	10	companies	company	NOUN
faba-239	235	11	does	do	AUX
faba-239	235	12	not	not	PART
faba-239	235	13	reflect	reflect	VERB
faba-239	235	14	a	a	DET
faba-239	235	15	significant	significant	ADJ
faba-239	235	16	proportion	proportion	NOUN
faba-239	235	17	of	of	ADP
faba-239	235	18	the	the	DET
faba-239	235	19	value	value	NOUN
faba-239	235	20	of	of	ADP
faba-239	235	21	their	their	PRON
faba-239	235	22	assets	asset	NOUN
faba-239	235	23	.	.	PUNCT
faba-239	236	1	these	these	PRON
faba-239	236	2	are	be	AUX
faba-239	236	3	intangible	intangible	ADJ
faba-239	236	4	assets	asset	NOUN
faba-239	236	5	,	,	PUNCT
faba-239	236	6	and	and	CCONJ
faba-239	236	7	it	it	PRON
faba-239	236	8	is	be	AUX
faba-239	236	9	quite	quite	ADV
faba-239	236	10	possible	possible	ADJ
faba-239	236	11	that	that	SCONJ
faba-239	236	12	the	the	DET
faba-239	236	13	vast	vast	ADJ
faba-239	236	14	majority	majority	NOUN
faba-239	236	15	of	of	ADP
faba-239	236	16	them	they	PRON
faba-239	236	17	do	do	AUX
faba-239	236	18	not	not	PART
faba-239	236	19	find	find	VERB
faba-239	236	20	a	a	DET
faba-239	236	21	place	place	NOUN
faba-239	236	22	in	in	ADP
faba-239	236	23	the	the	DET
faba-239	236	24	balance	balance	NOUN
faba-239	236	25	sheet	sheet	NOUN
faba-239	236	26	of	of	ADP
faba-239	236	27	these	these	DET
faba-239	236	28	companies	company	NOUN
faba-239	236	29	at	at	ADV
faba-239	236	30	all	all	ADV
faba-239	236	31	.	.	PUNCT
faba-239	237	1	a	a	DET
faba-239	237	2	pbv	pbv	NOUN
faba-239	237	3	of	of	ADP
faba-239	237	4	50.39	50.39	NUM
faba-239	237	5	for	for	ADP
faba-239	237	6	apple	apple	NOUN
faba-239	237	7	means	mean	VERB
faba-239	237	8	that	that	SCONJ
faba-239	237	9	its	its	PRON
faba-239	237	10	book	book	NOUN
faba-239	237	11	value	value	NOUN
faba-239	237	12	of	of	ADP
faba-239	237	13	equity	equity	NOUN
faba-239	237	14	is	be	AUX
faba-239	237	15	only	only	ADV
faba-239	237	16	1.98	1.98	NUM
faba-239	237	17	%	%	NOUN
faba-239	237	18	of	of	ADP
faba-239	237	19	its	its	PRON
faba-239	237	20	market	market	NOUN
faba-239	237	21	value	value	NOUN
faba-239	237	22	of	of	ADP
faba-239	237	23	equity	equity	NOUN
faba-239	237	24	.	.	PUNCT
faba-239	238	1	according	accord	VERB
faba-239	238	2	to	to	ADP
faba-239	238	3	the	the	DET
faba-239	238	4	latest	late	ADJ
faba-239	238	5	balance	balance	NOUN
faba-239	238	6	sheet	sheet	NOUN
faba-239	238	7	as	as	ADP
faba-239	238	8	of	of	ADP
faba-239	238	9	30	30	NUM
faba-239	238	10	june	june	NOUN
faba-239	238	11	,	,	PUNCT
faba-239	238	12	2024	2024	NUM
faba-239	238	13	,	,	PUNCT
faba-239	238	14	the	the	DET
faba-239	238	15	total	total	ADJ
faba-239	238	16	assets	asset	NOUN
faba-239	238	17	of	of	ADP
faba-239	238	18	apple	apple	NOUN
faba-239	238	19	are	be	AUX
faba-239	238	20	$	$	SYM
faba-239	238	21	331.6	331.6	NUM
faba-239	238	22	billion	billion	NUM
faba-239	238	23	,	,	PUNCT
faba-239	238	24	the	the	DET
faba-239	238	25	total	total	ADJ
faba-239	238	26	liabilities	liability	NOUN
faba-239	238	27	are	be	AUX
faba-239	238	28	$	$	SYM
faba-239	238	29	264.9	264.9	NUM
faba-239	238	30	billion	billion	NUM
faba-239	238	31	,	,	PUNCT
faba-239	238	32	and	and	CCONJ
faba-239	238	33	the	the	DET
faba-239	238	34	shareholder	shareholder	NOUN
faba-239	238	35	equity	equity	NOUN
faba-239	238	36	is	be	AUX
faba-239	238	37	$	$	SYM
faba-239	238	38	66.7	66.7	NUM
faba-239	238	39	billion	billion	NUM
faba-239	238	40	.	.	PUNCT
faba-239	239	1	the	the	DET
faba-239	239	2	total	total	ADJ
faba-239	239	3	market	market	NOUN
faba-239	239	4	capitalization	capitalization	NOUN
faba-239	239	5	of	of	ADP
faba-239	239	6	the	the	DET
faba-239	239	7	company	company	NOUN
faba-239	239	8	as	as	ADP
faba-239	239	9	of	of	ADP
faba-239	239	10	6	6	NUM
faba-239	239	11	sep	sep	NOUN
faba-239	239	12	,	,	PUNCT
faba-239	239	13	2024	2024	NUM
faba-239	239	14	is	be	AUX
faba-239	239	15	$	$	SYM
faba-239	239	16	3	3	NUM
faba-239	239	17	381	381	NUM
faba-239	239	18	billion	billion	NUM
faba-239	239	19	.	.	PUNCT
faba-239	240	1	other	other	ADJ
faba-239	240	2	things	thing	NOUN
faba-239	240	3	being	be	AUX
faba-239	240	4	equal	equal	ADJ
faba-239	240	5	,	,	PUNCT
faba-239	240	6	this	this	PRON
faba-239	240	7	should	should	AUX
faba-239	240	8	mean	mean	VERB
faba-239	240	9	that	that	SCONJ
faba-239	240	10	roughly	roughly	ADV
faba-239	240	11	90	90	NUM
faba-239	240	12	%	%	NOUN
faba-239	240	13	of	of	ADP
faba-239	240	14	the	the	DET
faba-239	240	15	assets	asset	NOUN
faba-239	240	16	’	'	PUNCT
faba-239	240	17	value	value	NOUN
faba-239	240	18	of	of	ADP
faba-239	240	19	apple	apple	NOUN
faba-239	240	20	is	be	AUX
faba-239	240	21	not	not	PART
faba-239	240	22	accounted	account	VERB
faba-239	240	23	for	for	ADP
faba-239	240	24	in	in	ADP
faba-239	240	25	the	the	DET
faba-239	240	26	balance	balance	NOUN
faba-239	240	27	sheet	sheet	NOUN
faba-239	240	28	,	,	PUNCT
faba-239	240	29	most	most	ADV
faba-239	240	30	likely	likely	ADJ
faba-239	240	31	because	because	SCONJ
faba-239	240	32	about	about	ADV
faba-239	240	33	90	90	NUM
faba-239	240	34	%	%	NOUN
faba-239	240	35	of	of	ADP
faba-239	240	36	apple	apple	NOUN
faba-239	240	37	’s	’s	PART
faba-239	240	38	assets	asset	NOUN
faba-239	240	39	are	be	AUX
faba-239	240	40	intangible	intangible	ADJ
faba-239	240	41	.	.	PUNCT
faba-239	241	1	similarly	similarly	ADV
faba-239	241	2	,	,	PUNCT
faba-239	241	3	for	for	ADP
faba-239	241	4	nvidia	nvidia	PROPN
faba-239	241	5	,	,	PUNCT
faba-239	241	6	with	with	ADP
faba-239	241	7	pbv	pbv	NOUN
faba-239	241	8	of	of	ADP
faba-239	241	9	43.43	43.43	NUM
faba-239	241	10	,	,	PUNCT
faba-239	241	11	its	its	PRON
faba-239	241	12	book	book	NOUN
faba-239	241	13	value	value	NOUN
faba-239	241	14	of	of	ADP
faba-239	241	15	equity	equity	NOUN
faba-239	241	16	is	be	AUX
faba-239	241	17	only	only	ADV
faba-239	241	18	2.30	2.30	NUM
faba-239	241	19	%	%	NOUN
faba-239	241	20	of	of	ADP
faba-239	241	21	its	its	PRON
faba-239	241	22	market	market	NOUN
faba-239	241	23	value	value	NOUN
faba-239	241	24	of	of	ADP
faba-239	241	25	equity	equity	NOUN
faba-239	241	26	.	.	PUNCT
faba-239	242	1	thus	thus	ADV
faba-239	242	2	,	,	PUNCT
faba-239	242	3	the	the	DET
faba-239	242	4	book	book	NOUN
faba-239	242	5	value	value	NOUN
faba-239	242	6	of	of	ADP
faba-239	242	7	these	these	DET
faba-239	242	8	companies	company	NOUN
faba-239	242	9	(	(	PUNCT
faba-239	242	10	as	as	ADP
faba-239	242	11	the	the	DET
faba-239	242	12	difference	difference	NOUN
faba-239	242	13	between	between	ADP
faba-239	242	14	the	the	DET
faba-239	242	15	book	book	NOUN
faba-239	242	16	value	value	NOUN
faba-239	242	17	of	of	ADP
faba-239	242	18	assets	asset	NOUN
faba-239	242	19	and	and	CCONJ
faba-239	242	20	the	the	DET
faba-239	242	21	book	book	NOUN
faba-239	242	22	value	value	NOUN
faba-239	242	23	of	of	ADP
faba-239	242	24	liabilities	liability	NOUN
faba-239	242	25	)	)	PUNCT
faba-239	242	26	is	be	AUX
faba-239	242	27	greatly	greatly	ADV
faba-239	242	28	underestimated	underestimate	VERB
faba-239	242	29	.	.	PUNCT
faba-239	243	1	as	as	ADP
faba-239	243	2	a	a	DET
faba-239	243	3	result	result	NOUN
faba-239	243	4	,	,	PUNCT
faba-239	243	5	the	the	DET
faba-239	243	6	roes	roe	NOUN
faba-239	243	7	calculated	calculate	VERB
faba-239	243	8	for	for	ADP
faba-239	243	9	these	these	DET
faba-239	243	10	companies	company	NOUN
faba-239	243	11	should	should	AUX
faba-239	243	12	be	be	AUX
faba-239	243	13	greatly	greatly	ADV
faba-239	243	14	inflated	inflate	VERB
faba-239	243	15	(	(	PUNCT
faba-239	243	16	nenkov	nenkov	NOUN
faba-239	243	17	2021	2021	NUM
faba-239	243	18	)	)	PUNCT
faba-239	243	19	.	.	PUNCT
faba-239	244	1	one	one	NUM
faba-239	244	2	of	of	ADP
faba-239	244	3	the	the	DET
faba-239	244	4	consequences	consequence	NOUN
faba-239	244	5	of	of	ADP
faba-239	244	6	the	the	DET
faba-239	244	7	greatly	greatly	ADV
faba-239	244	8	increased	increase	VERB
faba-239	244	9	roe	roe	NOUN
faba-239	244	10	is	be	AUX
faba-239	244	11	that	that	SCONJ
faba-239	244	12	preconditions	precondition	NOUN
faba-239	244	13	are	be	AUX
faba-239	244	14	created	create	VERB
faba-239	244	15	for	for	ADP
faba-239	244	16	unreasonably	unreasonably	ADV
faba-239	244	17	high	high	ADJ
faba-239	244	18	forecasts	forecast	NOUN
faba-239	244	19	for	for	ADP
faba-239	244	20	the	the	DET
faba-239	244	21	growth	growth	NOUN
faba-239	244	22	of	of	ADP
faba-239	244	23	eps	eps	PROPN
faba-239	244	24	g	g	PROPN
faba-239	244	25	,	,	PUNCT
faba-239	244	26	calculated	calculate	VERB
faba-239	244	27	as	as	ADP
faba-239	244	28	internal	internal	ADJ
faba-239	244	29	rate	rate	NOUN
faba-239	244	30	.	.	PUNCT
faba-239	245	1	thus	thus	ADV
faba-239	245	2	,	,	PUNCT
faba-239	245	3	for	for	ADP
faba-239	245	4	apple	apple	NOUN
faba-239	245	5	,	,	PUNCT
faba-239	245	6	with	with	ADP
faba-239	245	7	a	a	DET
faba-239	245	8	current	current	ADJ
faba-239	245	9	roe	roe	NOUN
faba-239	245	10	of	of	ADP
faba-239	245	11	147.15	147.15	NUM
faba-239	245	12	%	%	NOUN
faba-239	245	13	and	and	CCONJ
faba-239	245	14	assuming	assume	VERB
faba-239	245	15	a	a	DET
faba-239	245	16	high	high	ADJ
faba-239	245	17	retention	retention	NOUN
faba-239	245	18	ratio	ratio	NOUN
faba-239	245	19	(	(	PUNCT
faba-239	245	20	b	b	NOUN
faba-239	245	21	)	)	PUNCT
faba-239	245	22	of	of	ADP
faba-239	245	23	0.8	0.8	NUM
faba-239	245	24	,	,	PUNCT
faba-239	245	25	the	the	DET
faba-239	245	26	calculated	calculated	ADJ
faba-239	245	27	internal	internal	ADJ
faba-239	245	28	growth	growth	NOUN
faba-239	245	29	rate	rate	NOUN
faba-239	245	30	would	would	AUX
faba-239	245	31	be	be	AUX
faba-239	245	32	117.72	117.72	NUM
faba-239	245	33	%	%	NOUN
faba-239	245	34	(	(	PUNCT
faba-239	245	35	g	g	NOUN
faba-239	245	36	=	=	NOUN
faba-239	245	37	roe×b=147.15	roe×b=147.15	NOUN
faba-239	245	38	%	%	INTJ
faba-239	245	39	×0.8=117.72	×0.8=117.72	NOUN
faba-239	245	40	%	%	NOUN
faba-239	245	41	)	)	PUNCT
faba-239	245	42	.	.	PUNCT
faba-239	246	1	this	this	PRON
faba-239	246	2	may	may	AUX
faba-239	246	3	be	be	AUX
faba-239	246	4	subsequently	subsequently	ADV
faba-239	246	5	used	use	VERB
faba-239	246	6	as	as	ADP
faba-239	246	7	an	an	DET
faba-239	246	8	argument	argument	NOUN
faba-239	246	9	in	in	ADP
faba-239	246	10	defense	defense	NOUN
faba-239	246	11	of	of	ADP
faba-239	246	12	an	an	DET
faba-239	246	13	atypically	atypically	ADV
faba-239	246	14	high	high	ADJ
faba-239	246	15	future	future	ADJ
faba-239	246	16	growth	growth	NOUN
faba-239	246	17	rate	rate	NOUN
faba-239	246	18	of	of	ADP
faba-239	246	19	117.72	117.72	NUM
faba-239	246	20	%	%	NOUN
faba-239	246	21	for	for	ADP
faba-239	246	22	the	the	DET
faba-239	246	23	next	next	ADJ
faba-239	246	24	5	5	NUM
faba-239	246	25	years	year	NOUN
faba-239	246	26	,	,	PUNCT
faba-239	246	27	for	for	ADP
faba-239	246	28	example	example	NOUN
faba-239	246	29	.	.	PUNCT
faba-239	247	1	all	all	DET
faba-239	247	2	this	this	PRON
faba-239	247	3	could	could	AUX
faba-239	247	4	seriously	seriously	ADV
faba-239	247	5	distort	distort	VERB
faba-239	247	6	the	the	DET
faba-239	247	7	notions	notion	NOUN
faba-239	247	8	about	about	ADP
faba-239	247	9	the	the	DET
faba-239	247	10	actual	actual	ADJ
faba-239	247	11	growth	growth	NOUN
faba-239	247	12	prospects	prospect	NOUN
faba-239	247	13	and	and	CCONJ
faba-239	247	14	financial	financial	ADJ
faba-239	247	15	efficiency	efficiency	NOUN
faba-239	247	16	of	of	ADP
faba-239	247	17	the	the	DET
faba-239	247	18	aamamnt	aamamnt	NOUN
faba-239	247	19	companies	company	NOUN
faba-239	247	20	.	.	PUNCT
faba-239	248	1	assuming	assume	VERB
faba-239	248	2	conditionally	conditionally	ADV
faba-239	248	3	that	that	SCONJ
faba-239	248	4	the	the	DET
faba-239	248	5	accounting	accounting	NOUN
faba-239	248	6	has	have	AUX
faba-239	248	7	managed	manage	VERB
faba-239	248	8	to	to	PART
faba-239	248	9	reflect	reflect	VERB
faba-239	248	10	all	all	DET
faba-239	248	11	tangible	tangible	ADJ
faba-239	248	12	and	and	CCONJ
faba-239	248	13	intangible	intangible	ADJ
faba-239	248	14	assets	asset	NOUN
faba-239	248	15	at	at	ADP
faba-239	248	16	their	their	PRON
faba-239	248	17	market	market	NOUN
faba-239	248	18	value	value	NOUN
faba-239	248	19	,	,	PUNCT
faba-239	248	20	the	the	DET
faba-239	248	21	book	book	NOUN
faba-239	248	22	value	value	NOUN
faba-239	248	23	of	of	ADP
faba-239	248	24	equity	equity	NOUN
faba-239	248	25	should	should	AUX
faba-239	248	26	be	be	AUX
faba-239	248	27	equal	equal	ADJ
faba-239	248	28	to	to	ADP
faba-239	248	29	its	its	PRON
faba-239	248	30	market	market	NOUN
faba-239	248	31	value	value	NOUN
faba-239	248	32	.	.	PUNCT
faba-239	249	1	thus	thus	ADV
faba-239	249	2	,	,	PUNCT
faba-239	249	3	the	the	DET
faba-239	249	4	price	price	NOUN
faba-239	249	5	per	per	ADP
faba-239	249	6	share	share	NOUN
faba-239	249	7	(	(	PUNCT
faba-239	249	8	p0	p0	NOUN
faba-239	249	9	)	)	PUNCT
faba-239	249	10	should	should	AUX
faba-239	249	11	be	be	AUX
faba-239	249	12	equal	equal	ADJ
faba-239	249	13	to	to	ADP
faba-239	249	14	the	the	DET
faba-239	249	15	book	book	NOUN
faba-239	249	16	value	value	NOUN
faba-239	249	17	per	per	ADP
faba-239	249	18	share	share	NOUN
faba-239	249	19	(	(	PUNCT
faba-239	249	20	bvs	bvs	NOUN
faba-239	249	21	)	)	PUNCT
faba-239	249	22	,	,	PUNCT
faba-239	249	23	or	or	CCONJ
faba-239	249	24	:	:	PUNCT
faba-239	249	25	p0	p0	PROPN
faba-239	249	26	=	=	SYM
faba-239	249	27	bvs	bvs	PROPN
faba-239	249	28	,	,	PUNCT
faba-239	249	29	and	and	CCONJ
faba-239	249	30	the	the	DET
faba-239	249	31	pbv	pbv	ADJ
faba-239	249	32	ratio	ratio	NOUN
faba-239	249	33	will	will	AUX
faba-239	249	34	be	be	AUX
faba-239	249	35	equal	equal	ADJ
faba-239	249	36	to	to	ADP
faba-239	249	37	1	1	NUM
faba-239	249	38	.	.	PUNCT
faba-239	250	1	in	in	ADP
faba-239	250	2	this	this	DET
faba-239	250	3	situation	situation	NOUN
faba-239	250	4	,	,	PUNCT
faba-239	250	5	apple	apple	NOUN
faba-239	250	6	's	's	PART
faba-239	250	7	roe	roe	NOUN
faba-239	250	8	on	on	ADP
faba-239	250	9	september	september	PROPN
faba-239	250	10	6	6	NUM
faba-239	250	11	,	,	PUNCT
faba-239	250	12	2024	2024	NUM
faba-239	250	13	should	should	AUX
faba-239	250	14	be	be	AUX
faba-239	250	15	only	only	ADV
faba-239	250	16	:	:	PUNCT
faba-239	250	17	𝑅𝑂𝐸	𝑅𝑂𝐸	PROPN
faba-239	250	18	=	=	PUNCT
faba-239	250	19	𝐸𝑃𝑆1	𝐸𝑃𝑆1	PROPN
faba-239	250	20	𝐵𝑉𝑆0	𝐵𝑉𝑆0	PROPN
faba-239	250	21	=	=	PUNCT
faba-239	250	22	𝐸𝑃𝑆1	𝐸𝑃𝑆1	PROPN
faba-239	250	23	𝑃0	𝑃0	NOUN
faba-239	250	24	=	=	PUNCT
faba-239	250	25	$	$	SYM
faba-239	250	26	6.57	6.57	NUM
faba-239	250	27	$	$	SYM
faba-239	250	28	191.80	191.80	NUM
faba-239	250	29	=	=	SYM
faba-239	250	30	3.43	3.43	NUM
faba-239	250	31	%	%	NOUN
faba-239	250	32	(	(	PUNCT
faba-239	250	33	2	2	NUM
faba-239	250	34	)	)	PUNCT
faba-239	250	35	this	this	PRON
faba-239	250	36	is	be	AUX
faba-239	250	37	in	in	ADP
faba-239	250	38	fact	fact	NOUN
faba-239	250	39	equal	equal	ADJ
faba-239	250	40	to	to	ADP
faba-239	250	41	the	the	DET
faba-239	250	42	so	so	ADV
faba-239	250	43	-	-	PUNCT
faba-239	250	44	called	call	VERB
faba-239	250	45	current	current	ADJ
faba-239	250	46	earnings	earning	NOUN
faba-239	250	47	yield	yield	NOUN
faba-239	250	48	(	(	PUNCT
faba-239	250	49	ey	ey	NOUN
faba-239	250	50	)	)	PUNCT
faba-239	250	51	of	of	ADP
faba-239	250	52	the	the	DET
faba-239	250	53	shares	share	NOUN
faba-239	250	54	(	(	PUNCT
faba-239	250	55	ey	ey	PROPN
faba-239	250	56	=	=	PROPN
faba-239	250	57	eps	eps	PROPN
faba-239	250	58	/	/	SYM
faba-239	250	59	p0	p0	NOUN
faba-239	250	60	)	)	PUNCT
faba-239	250	61	.	.	PUNCT
faba-239	251	1	thus	thus	ADV
faba-239	251	2	,	,	PUNCT
faba-239	251	3	an	an	DET
faba-239	251	4	investor	investor	NOUN
faba-239	251	5	who	who	PRON
faba-239	251	6	has	have	AUX
faba-239	251	7	acquired	acquire	VERB
faba-239	251	8	shares	share	NOUN
faba-239	251	9	of	of	ADP
faba-239	251	10	apple	apple	NOUN
faba-239	251	11	at	at	ADP
faba-239	251	12	a	a	DET
faba-239	251	13	price	price	NOUN
faba-239	251	14	as	as	ADP
faba-239	251	15	of	of	ADP
faba-239	251	16	september	september	PROPN
faba-239	251	17	6	6	NUM
faba-239	251	18	,	,	PUNCT
faba-239	251	19	2024	2024	NUM
faba-239	251	20	,	,	PUNCT
faba-239	251	21	his	his	PRON
faba-239	251	22	current	current	ADJ
faba-239	251	23	return	return	NOUN
faba-239	251	24	will	will	AUX
faba-239	251	25	be	be	AUX
faba-239	251	26	only	only	ADV
faba-239	251	27	3.43	3.43	NUM
faba-239	251	28	%	%	NOUN
faba-239	251	29	.	.	PUNCT
faba-239	252	1	the	the	DET
faba-239	252	2	current	current	ADJ
faba-239	252	3	yield	yield	NOUN
faba-239	252	4	is	be	AUX
faba-239	252	5	actually	actually	ADV
faba-239	252	6	the	the	DET
faba-239	252	7	opposite	opposite	NOUN
faba-239	252	8	of	of	ADP
faba-239	252	9	the	the	DET
faba-239	252	10	pe	pe	PROPN
faba-239	252	11	ratio	ratio	NOUN
faba-239	252	12	,	,	PUNCT
faba-239	252	13	or	or	CCONJ
faba-239	252	14	ey=1	ey=1	PROPN
faba-239	252	15	/	/	SYM
faba-239	252	16	pe	pe	PROPN
faba-239	252	17	.	.	PUNCT
faba-239	253	1	the	the	PRON
faba-239	253	2	higher	high	ADJ
faba-239	253	3	the	the	DET
faba-239	253	4	actual	actual	ADJ
faba-239	253	5	market	market	NOUN
faba-239	253	6	ratio	ratio	NOUN
faba-239	253	7	pe	pe	PROPN
faba-239	253	8	,	,	PUNCT
faba-239	253	9	the	the	PRON
faba-239	253	10	lower	low	ADJ
faba-239	253	11	the	the	DET
faba-239	253	12	earnings	earning	NOUN
faba-239	253	13	yield	yield	NOUN
faba-239	253	14	per	per	ADP
faba-239	253	15	share	share	NOUN
faba-239	253	16	.	.	PUNCT
faba-239	254	1	the	the	DET
faba-239	254	2	explanation	explanation	NOUN
faba-239	254	3	for	for	ADP
faba-239	254	4	some	some	DET
faba-239	254	5	illogically	illogically	ADV
faba-239	254	6	high	high	ADJ
faba-239	254	7	current	current	ADJ
faba-239	254	8	market	market	NOUN
faba-239	254	9	ratios	ratio	NOUN
faba-239	254	10	pe	pe	VERB
faba-239	254	11	and	and	CCONJ
faba-239	254	12	pbv	pbv	VERB
faba-239	254	13	of	of	ADP
faba-239	254	14	aamamnt	aamamnt	NOUN
faba-239	254	15	companies	company	NOUN
faba-239	254	16	should	should	AUX
faba-239	254	17	be	be	AUX
faba-239	254	18	sought	seek	VERB
faba-239	254	19	not	not	PART
faba-239	254	20	so	so	ADV
faba-239	254	21	much	much	ADJ
faba-239	254	22	in	in	ADP
faba-239	254	23	their	their	PRON
faba-239	254	24	high	high	ADJ
faba-239	254	25	efficiency	efficiency	NOUN
faba-239	254	26	,	,	PUNCT
faba-239	254	27	but	but	CCONJ
faba-239	254	28	rather	rather	ADV
faba-239	254	29	in	in	ADP
faba-239	254	30	external	external	ADJ
faba-239	254	31	factors	factor	NOUN
faba-239	254	32	,	,	PUNCT
faba-239	254	33	in	in	ADP
faba-239	254	34	some	some	DET
faba-239	254	35	features	feature	NOUN
faba-239	254	36	of	of	ADP
faba-239	254	37	the	the	DET
faba-239	254	38	environment	environment	NOUN
faba-239	254	39	in	in	ADP
faba-239	254	40	which	which	PRON
faba-239	254	41	the	the	DET
faba-239	254	42	companies	company	NOUN
faba-239	254	43	operate	operate	VERB
faba-239	254	44	.	.	PUNCT
faba-239	255	1	until	until	ADP
faba-239	255	2	two	two	NUM
faba-239	255	3	or	or	CCONJ
faba-239	255	4	three	three	NUM
faba-239	255	5	years	year	NOUN
faba-239	255	6	ago	ago	ADV
faba-239	255	7	one	one	NUM
faba-239	255	8	major	major	ADJ
faba-239	255	9	explanation	explanation	NOUN
faba-239	255	10	was	be	AUX
faba-239	255	11	the	the	DET
faba-239	255	12	very	very	ADV
faba-239	255	13	low	low	ADJ
faba-239	255	14	cost	cost	NOUN
faba-239	255	15	of	of	ADP
faba-239	255	16	equity	equity	NOUN
faba-239	255	17	,	,	PUNCT
faba-239	255	18	mainly	mainly	ADV
faba-239	255	19	due	due	ADP
faba-239	255	20	to	to	ADP
faba-239	255	21	low	low	ADJ
faba-239	255	22	,	,	PUNCT
faba-239	255	23	close	close	ADJ
faba-239	255	24	to	to	ADP
faba-239	255	25	zero	zero	NUM
faba-239	255	26	,	,	PUNCT
faba-239	255	27	interest	interest	NOUN
faba-239	255	28	rates	rate	NOUN
faba-239	255	29	.	.	PUNCT
faba-239	256	1	nowadays	nowadays	ADV
faba-239	256	2	,	,	PUNCT
faba-239	256	3	however	however	ADV
faba-239	256	4	,	,	PUNCT
faba-239	256	5	this	this	PRON
faba-239	256	6	could	could	AUX
faba-239	256	7	not	not	PART
faba-239	256	8	be	be	AUX
faba-239	256	9	considered	consider	VERB
faba-239	256	10	a	a	DET
faba-239	256	11	serious	serious	ADJ
faba-239	256	12	factor	factor	NOUN
faba-239	256	13	in	in	ADP
faba-239	256	14	this	this	DET
faba-239	256	15	direction	direction	NOUN
faba-239	256	16	.	.	PUNCT
faba-239	257	1	another	another	DET
faba-239	257	2	possible	possible	ADJ
faba-239	257	3	explanation	explanation	NOUN
faba-239	257	4	is	be	AUX
faba-239	257	5	one	one	NUM
faba-239	257	6	of	of	ADP
faba-239	257	7	the	the	DET
faba-239	257	8	two	two	NUM
faba-239	257	9	traditionally	traditionally	ADV
faba-239	257	10	most	most	ADV
faba-239	257	11	widely	widely	ADV
faba-239	257	12	used	use	VERB
faba-239	257	13	approaches	approach	NOUN
faba-239	257	14	by	by	ADP
faba-239	257	15	the	the	DET
faba-239	257	16	investment	investment	NOUN
faba-239	257	17	community	community	NOUN
faba-239	257	18	the	the	DET
faba-239	257	19	castle	castle	NOUN
faba-239	257	20	-	-	PUNCT
faba-239	257	21	in	in	ADP
faba-239	257	22	-	-	PUNCT
faba-239	257	23	the	the	DET
faba-239	257	24	-	-	PUNCT
faba-239	257	25	air	air	NOUN
faba-239	257	26	theory	theory	NOUN
faba-239	257	27	,	,	PUNCT
faba-239	257	28	enunciated	enunciate	VERB
faba-239	257	29	by	by	ADP
faba-239	257	30	john	john	PROPN
faba-239	257	31	maynard	maynard	PROPN
faba-239	257	32	keynes	keynes	PROPN
faba-239	257	33	in	in	ADP
faba-239	257	34	1936	1936	NUM
faba-239	257	35	.	.	PUNCT
faba-239	258	1	according	accord	VERB
faba-239	258	2	to	to	ADP
faba-239	258	3	this	this	DET
faba-239	258	4	approach	approach	NOUN
faba-239	258	5	“	"	PUNCT
faba-239	258	6	it	it	PRON
faba-239	258	7	’s	’	VERB
faba-239	258	8	perfectly	perfectly	ADV
faba-239	258	9	all	all	ADV
faba-239	258	10	right	right	ADJ
faba-239	258	11	to	to	PART
faba-239	258	12	pay	pay	VERB
faba-239	258	13	three	three	NUM
faba-239	258	14	times	time	NOUN
faba-239	258	15	what	what	PRON
faba-239	258	16	something	something	PRON
faba-239	258	17	is	be	AUX
faba-239	258	18	worth	worth	ADJ
faba-239	258	19	as	as	ADV
faba-239	258	20	long	long	ADV
faba-239	258	21	as	as	ADP
faba-239	258	22	later	later	ADV
faba-239	258	23	on	on	ADP
faba-239	258	24	you	you	PRON
faba-239	258	25	can	can	AUX
faba-239	258	26	find	find	VERB
faba-239	258	27	some	some	DET
faba-239	258	28	innocent	innocent	ADJ
faba-239	258	29	to	to	PART
faba-239	258	30	pay	pay	VERB
faba-239	258	31	five	five	NUM
faba-239	258	32	times	time	NOUN
faba-239	258	33	it	it	PRON
faba-239	258	34	’s	’	VERB
faba-239	258	35	worth	worth	ADJ
faba-239	258	36	”	"	PUNCT
faba-239	258	37	(	(	PUNCT
faba-239	258	38	malkiel	malkiel	VERB
faba-239	258	39	2015	2015	NUM
faba-239	258	40	)	)	PUNCT
faba-239	258	41	.	.	PUNCT
faba-239	259	1	the	the	DET
faba-239	259	2	other	other	ADJ
faba-239	259	3	approach	approach	NOUN
faba-239	259	4	is	be	AUX
faba-239	259	5	the	the	DET
faba-239	259	6	firm	firm	ADJ
faba-239	259	7	-	-	PUNCT
faba-239	259	8	foundation	foundation	NOUN
faba-239	259	9	theory	theory	NOUN
faba-239	259	10	.	.	PUNCT
faba-239	260	1	according	accord	VERB
faba-239	260	2	to	to	ADP
faba-239	260	3	burton	burton	PROPN
faba-239	260	4	malkiel	malkiel	VERB
faba-239	260	5	the	the	DET
faba-239	260	6	two	two	NUM
faba-239	260	7	approaches	approach	NOUN
faba-239	260	8	are	be	AUX
faba-239	260	9	mutually	mutually	ADV
faba-239	260	10	exclusive	exclusive	ADJ
faba-239	260	11	(	(	PUNCT
faba-239	260	12	malkiel	malkiel	ADJ
faba-239	260	13	2015	2015	NUM
faba-239	260	14	)	)	PUNCT
faba-239	260	15	.	.	PUNCT
faba-239	261	1	the	the	DET
faba-239	261	2	current	current	ADJ
faba-239	261	3	study	study	NOUN
faba-239	261	4	follows	follow	VERB
faba-239	261	5	the	the	DET
faba-239	261	6	point	point	NOUN
faba-239	261	7	of	of	ADP
faba-239	261	8	view	view	NOUN
faba-239	261	9	of	of	ADP
faba-239	261	10	the	the	DET
faba-239	261	11	firm	firm	ADJ
faba-239	261	12	-	-	PUNCT
faba-239	261	13	foundation	foundation	NOUN
faba-239	261	14	theory	theory	NOUN
faba-239	261	15	,	,	PUNCT
faba-239	261	16	which	which	PRON
faba-239	261	17	is	be	AUX
faba-239	261	18	essentially	essentially	ADV
faba-239	261	19	the	the	DET
faba-239	261	20	fundamental	fundamental	ADJ
faba-239	261	21	theory	theory	NOUN
faba-239	261	22	about	about	ADP
faba-239	261	23	the	the	DET
faba-239	261	24	value	value	NOUN
faba-239	261	25	of	of	ADP
faba-239	261	26	stocks	stock	NOUN
faba-239	261	27	and	and	CCONJ
faba-239	261	28	other	other	ADJ
faba-239	261	29	assets	asset	NOUN
faba-239	261	30	(	(	PUNCT
faba-239	261	31	graham	graham	PROPN
faba-239	261	32	and	and	CCONJ
faba-239	261	33	dodd	dodd	PROPN
faba-239	261	34	2009	2009	NUM
faba-239	261	35	;	;	PUNCT
faba-239	261	36	graham	graham	PROPN
faba-239	261	37	2006	2006	NUM
faba-239	261	38	)	)	PUNCT
faba-239	261	39	.	.	PUNCT
faba-239	262	1	so	so	ADV
faba-239	262	2	far	far	ADV
faba-239	262	3	in	in	ADP
faba-239	262	4	the	the	DET
faba-239	262	5	study	study	NOUN
faba-239	262	6	we	we	PRON
faba-239	262	7	have	have	AUX
faba-239	262	8	been	be	AUX
faba-239	262	9	discussing	discuss	VERB
faba-239	262	10	the	the	DET
faba-239	262	11	levels	level	NOUN
faba-239	262	12	of	of	ADP
faba-239	262	13	the	the	DET
faba-239	262	14	s&p	s&p	PROPN
faba-239	262	15	500	500	NUM
faba-239	262	16	and	and	CCONJ
faba-239	262	17	the	the	DET
faba-239	262	18	actual	actual	ADJ
faba-239	262	19	prices	price	NOUN
faba-239	262	20	of	of	ADP
faba-239	262	21	aamamnt	aamamnt	NOUN
faba-239	262	22	companies	company	NOUN
faba-239	262	23	in	in	ADP
faba-239	262	24	terms	term	NOUN
faba-239	262	25	of	of	ADP
faba-239	262	26	what	what	PRON
faba-239	262	27	we	we	PRON
faba-239	262	28	think	think	VERB
faba-239	262	29	should	should	AUX
faba-239	262	30	be	be	AUX
faba-239	262	31	their	their	PRON
faba-239	262	32	firm	firm	ADJ
faba-239	262	33	-	-	PUNCT
faba-239	262	34	foundation	foundation	NOUN
faba-239	262	35	of	of	ADP
faba-239	262	36	value	value	NOUN
faba-239	262	37	.	.	PUNCT
faba-239	263	1	at	at	ADP
faba-239	263	2	the	the	DET
faba-239	263	3	same	same	ADJ
faba-239	263	4	time	time	NOUN
faba-239	263	5	history	history	NOUN
faba-239	263	6	tells	tell	VERB
faba-239	263	7	us	we	PRON
faba-239	263	8	that	that	SCONJ
faba-239	263	9	pricing	pricing	NOUN
faba-239	263	10	on	on	ADP
faba-239	263	11	the	the	DET
faba-239	263	12	stock	stock	NOUN
faba-239	263	13	market	market	NOUN
faba-239	263	14	is	be	AUX
faba-239	263	15	very	very	ADV
faba-239	263	16	often	often	ADV
faba-239	263	17	heavily	heavily	ADV
faba-239	263	18	influenced	influence	VERB
faba-239	263	19	by	by	ADP
faba-239	263	20	the	the	DET
faba-239	263	21	castle	castle	NOUN
faba-239	263	22	-	-	PUNCT
faba-239	263	23	in	in	ADP
faba-239	263	24	-	-	PUNCT
faba-239	263	25	the	the	DET
faba-239	263	26	-	-	PUNCT
faba-239	263	27	air	air	NOUN
faba-239	263	28	theory	theory	NOUN
faba-239	263	29	thinking	thinking	NOUN
faba-239	263	30	.	.	PUNCT
faba-239	264	1	the	the	DET
faba-239	264	2	followers	follower	NOUN
faba-239	264	3	of	of	ADP
faba-239	264	4	the	the	DET
faba-239	264	5	castlein	castlein	NOUN
faba-239	264	6	-	-	PUNCT
faba-239	264	7	the	the	DET
faba-239	264	8	-	-	PUNCT
faba-239	264	9	air	air	NOUN
faba-239	264	10	theory	theory	NOUN
faba-239	264	11	are	be	AUX
faba-239	264	12	not	not	PART
faba-239	264	13	interested	interested	ADJ
faba-239	264	14	at	at	ADV
faba-239	264	15	all	all	ADV
faba-239	264	16	about	about	ADP
faba-239	264	17	fundamental	fundamental	ADJ
faba-239	264	18	value	value	NOUN
faba-239	264	19	.	.	PUNCT
faba-239	265	1	under	under	ADP
faba-239	265	2	such	such	ADJ
faba-239	265	3	conditions	condition	NOUN
faba-239	265	4	,	,	PUNCT
faba-239	265	5	what	what	PRON
faba-239	265	6	a	a	DET
faba-239	265	7	stock	stock	NOUN
faba-239	265	8	needs	need	VERB
faba-239	265	9	in	in	ADP
faba-239	265	10	order	order	NOUN
faba-239	265	11	to	to	PART
faba-239	265	12	grow	grow	VERB
faba-239	265	13	in	in	ADP
faba-239	265	14	price	price	NOUN
faba-239	265	15	is	be	AUX
faba-239	265	16	a	a	DET
faba-239	265	17	good	good	ADJ
faba-239	265	18	story	story	NOUN
faba-239	265	19	about	about	ADP
faba-239	265	20	its	its	PRON
faba-239	265	21	nifty	nifty	ADJ
faba-239	265	22	development	development	NOUN
faba-239	265	23	on	on	ADP
faba-239	265	24	the	the	DET
faba-239	265	25	market	market	NOUN
faba-239	265	26	over	over	ADP
faba-239	265	27	time	time	NOUN
faba-239	265	28	.	.	PUNCT
faba-239	266	1	stories	story	NOUN
faba-239	266	2	such	such	ADJ
faba-239	266	3	as	as	ADP
faba-239	266	4	the	the	DET
faba-239	266	5	incredible	incredible	ADJ
faba-239	266	6	value	value	NOUN
faba-239	266	7	that	that	PRON
faba-239	266	8	lies	lie	VERB
faba-239	266	9	in	in	ADP
faba-239	266	10	the	the	DET
faba-239	266	11	upcoming	upcoming	ADJ
faba-239	266	12	development	development	NOUN
faba-239	266	13	of	of	ADP
faba-239	266	14	artificial	artificial	ADJ
faba-239	266	15	intelligence	intelligence	NOUN
faba-239	266	16	(	(	PUNCT
faba-239	266	17	ai	ai	VERB
faba-239	266	18	)	)	PUNCT
faba-239	266	19	are	be	AUX
faba-239	266	20	unlocking	unlock	VERB
faba-239	266	21	expectations	expectation	NOUN
faba-239	266	22	for	for	ADP
faba-239	266	23	continued	continue	VERB
faba-239	266	24	serious	serious	ADJ
faba-239	266	25	growth	growth	NOUN
faba-239	266	26	in	in	ADP
faba-239	266	27	the	the	DET
faba-239	266	28	prices	price	NOUN
faba-239	266	29	of	of	ADP
faba-239	266	30	certain	certain	ADJ
faba-239	266	31	companies	company	NOUN
faba-239	266	32	,	,	PUNCT
faba-239	266	33	and	and	CCONJ
faba-239	266	34	in	in	ADP
faba-239	266	35	the	the	DET
faba-239	266	36	first	first	ADJ
faba-239	266	37	place	place	NOUN
faba-239	266	38	of	of	ADP
faba-239	266	39	“	"	PUNCT
faba-239	266	40	the	the	DET
faba-239	266	41	dimiter	dimiter	NOUN
faba-239	266	42	nenkov	nenkov	NOUN
faba-239	266	43	/	/	SYM
faba-239	266	44	finance	finance	NOUN
faba-239	266	45	,	,	PUNCT
faba-239	266	46	accounting	accounting	NOUN
faba-239	266	47	and	and	CCONJ
faba-239	266	48	business	business	NOUN
faba-239	266	49	analysis	analysis	NOUN
faba-239	266	50	,	,	PUNCT
faba-239	266	51	volume	volume	NOUN
faba-239	266	52	6	6	NUM
faba-239	266	53	,	,	PUNCT
faba-239	266	54	issue	issue	NOUN
faba-239	266	55	2	2	NUM
faba-239	266	56	,	,	PUNCT
faba-239	266	57	2024	2024	NUM
faba-239	266	58	190	190	NUM
faba-239	266	59	magnificent	magnificent	ADJ
faba-239	266	60	seven	seven	NUM
faba-239	266	61	”	"	PUNCT
faba-239	266	62	.	.	PUNCT
faba-239	267	1	in	in	ADP
faba-239	267	2	this	this	DET
faba-239	267	3	line	line	NOUN
faba-239	267	4	of	of	ADP
faba-239	267	5	thought	thought	NOUN
faba-239	267	6	,	,	PUNCT
faba-239	267	7	the	the	DET
faba-239	267	8	main	main	ADJ
faba-239	267	9	question	question	NOUN
faba-239	267	10	should	should	AUX
faba-239	267	11	be	be	AUX
faba-239	267	12	:	:	PUNCT
faba-239	267	13	“	"	PUNCT
faba-239	267	14	to	to	ADP
faba-239	267	15	what	what	DET
faba-239	267	16	extent	extent	NOUN
faba-239	267	17	are	be	AUX
faba-239	267	18	the	the	DET
faba-239	267	19	huge	huge	ADJ
faba-239	267	20	intangible	intangible	ADJ
faba-239	267	21	assets	asset	NOUN
faba-239	267	22	of	of	ADP
faba-239	267	23	these	these	DET
faba-239	267	24	companies	company	NOUN
faba-239	267	25	an	an	DET
faba-239	267	26	expression	expression	NOUN
faba-239	267	27	of	of	ADP
faba-239	267	28	invisible	invisible	ADJ
faba-239	267	29	intrinsic	intrinsic	ADJ
faba-239	267	30	value	value	NOUN
faba-239	267	31	,	,	PUNCT
faba-239	267	32	and	and	CCONJ
faba-239	267	33	to	to	ADP
faba-239	267	34	what	what	DET
faba-239	267	35	extent	extent	NOUN
faba-239	267	36	are	be	AUX
faba-239	267	37	they	they	PRON
faba-239	267	38	the	the	DET
faba-239	267	39	consequence	consequence	NOUN
faba-239	267	40	of	of	ADP
faba-239	267	41	exaggerated	exaggerated	ADJ
faba-239	267	42	,	,	PUNCT
faba-239	267	43	unfounded	unfounded	ADJ
faba-239	267	44	expectations	expectation	NOUN
faba-239	267	45	about	about	ADP
faba-239	267	46	the	the	DET
faba-239	267	47	future	future	NOUN
faba-239	267	48	?	?	PUNCT
faba-239	267	49	”	"	PUNCT
faba-239	267	50	.	.	PUNCT
faba-239	268	1	derivation	derivation	NOUN
faba-239	268	2	of	of	ADP
faba-239	268	3	fundamental	fundamental	ADJ
faba-239	268	4	pe	pe	PROPN
faba-239	268	5	and	and	CCONJ
faba-239	268	6	pbv	pbv	VERB
faba-239	268	7	ratios	ratio	NOUN
faba-239	268	8	for	for	ADP
faba-239	268	9	“	"	PUNCT
faba-239	268	10	the	the	DET
faba-239	268	11	magnificent	magnificent	ADJ
faba-239	268	12	seven	seven	NUM
faba-239	268	13	”	"	PUNCT
faba-239	268	14	and	and	CCONJ
faba-239	268	15	the	the	DET
faba-239	268	16	s&p	s&p	PROPN
faba-239	268	17	500	500	NUM
faba-239	268	18	for	for	ADP
faba-239	268	19	2024	2024	NUM
faba-239	268	20	the	the	DET
faba-239	268	21	answer	answer	NOUN
faba-239	268	22	to	to	ADP
faba-239	268	23	the	the	DET
faba-239	268	24	question	question	NOUN
faba-239	268	25	from	from	ADP
faba-239	268	26	the	the	DET
faba-239	268	27	previous	previous	ADJ
faba-239	268	28	section	section	NOUN
faba-239	268	29	requires	require	VERB
faba-239	268	30	a	a	DET
faba-239	268	31	further	further	ADJ
faba-239	268	32	look	look	NOUN
faba-239	268	33	at	at	ADP
faba-239	268	34	the	the	DET
faba-239	268	35	discussed	discuss	VERB
faba-239	268	36	above	above	ADP
faba-239	268	37	pe	pe	PRON
faba-239	268	38	and	and	CCONJ
faba-239	268	39	pbv	pbv	VERB
faba-239	268	40	ratios	ratio	NOUN
faba-239	268	41	in	in	ADP
faba-239	268	42	the	the	DET
faba-239	268	43	context	context	NOUN
faba-239	268	44	of	of	ADP
faba-239	268	45	the	the	DET
faba-239	268	46	three	three	NUM
faba-239	268	47	fundamentals	fundamental	NOUN
faba-239	268	48	,	,	PUNCT
faba-239	268	49	dictating	dictate	VERB
faba-239	268	50	the	the	DET
faba-239	268	51	intrinsic	intrinsic	ADJ
faba-239	268	52	value	value	NOUN
faba-239	268	53	of	of	ADP
faba-239	268	54	stocks	stock	NOUN
faba-239	268	55	.	.	PUNCT
faba-239	269	1	this	this	PRON
faba-239	269	2	is	be	AUX
faba-239	269	3	the	the	DET
faba-239	269	4	reason	reason	NOUN
faba-239	269	5	why	why	SCONJ
faba-239	269	6	these	these	DET
faba-239	269	7	fundamentals	fundamental	NOUN
faba-239	269	8	are	be	AUX
faba-239	269	9	also	also	ADV
faba-239	269	10	called	call	VERB
faba-239	269	11	“	"	PUNCT
faba-239	269	12	value	value	NOUN
faba-239	269	13	drivers	driver	NOUN
faba-239	269	14	”	"	PUNCT
faba-239	269	15	(	(	PUNCT
faba-239	269	16	koller	koller	PROPN
faba-239	269	17	,	,	PUNCT
faba-239	269	18	goedhart	goedhart	NOUN
faba-239	269	19	and	and	CCONJ
faba-239	269	20	wessels	wessels	PROPN
faba-239	269	21	2015	2015	NUM
faba-239	269	22	)	)	PUNCT
faba-239	269	23	.	.	PUNCT
faba-239	270	1	since	since	SCONJ
faba-239	270	2	market	market	NOUN
faba-239	270	3	ratios	ratio	NOUN
faba-239	270	4	(	(	PUNCT
faba-239	270	5	including	include	VERB
faba-239	270	6	pe	pe	PRON
faba-239	270	7	and	and	CCONJ
faba-239	270	8	pbv	pbv	VERB
faba-239	270	9	)	)	PUNCT
faba-239	270	10	are	be	AUX
faba-239	270	11	actually	actually	ADV
faba-239	270	12	standardized	standardize	VERB
faba-239	270	13	prices	price	NOUN
faba-239	270	14	of	of	ADP
faba-239	270	15	stocks	stock	NOUN
faba-239	270	16	,	,	PUNCT
faba-239	270	17	they	they	PRON
faba-239	270	18	should	should	AUX
faba-239	270	19	also	also	ADV
faba-239	270	20	depend	depend	VERB
faba-239	270	21	on	on	ADP
faba-239	270	22	the	the	DET
faba-239	270	23	same	same	ADJ
faba-239	270	24	three	three	NUM
faba-239	270	25	fundamentals	fundamental	NOUN
faba-239	270	26	.	.	PUNCT
faba-239	271	1	these	these	PRON
faba-239	271	2	are	be	AUX
faba-239	271	3	earnings	earning	NOUN
faba-239	271	4	(	(	PUNCT
faba-239	271	5	cash	cash	NOUN
faba-239	271	6	flow	flow	NOUN
faba-239	271	7	)	)	PUNCT
faba-239	271	8	potential	potential	NOUN
faba-239	271	9	,	,	PUNCT
faba-239	271	10	expected	expect	VERB
faba-239	271	11	growth	growth	NOUN
faba-239	271	12	of	of	ADP
faba-239	271	13	earnings	earning	NOUN
faba-239	271	14	and	and	CCONJ
faba-239	271	15	risk	risk	NOUN
faba-239	271	16	(	(	PUNCT
faba-239	271	17	damodaran	damodaran	VERB
faba-239	271	18	2012	2012	NUM
faba-239	271	19	)	)	PUNCT
faba-239	271	20	.	.	PUNCT
faba-239	272	1	fundamental	fundamental	ADJ
faba-239	272	2	pe	pe	PROPN
faba-239	272	3	and	and	CCONJ
faba-239	272	4	pbv	pbv	VERB
faba-239	272	5	ratios	ratio	NOUN
faba-239	272	6	can	can	AUX
faba-239	272	7	be	be	AUX
faba-239	272	8	derived	derive	VERB
faba-239	272	9	from	from	ADP
faba-239	272	10	fundamentals	fundamental	NOUN
faba-239	272	11	.	.	PUNCT
faba-239	273	1	they	they	PRON
faba-239	273	2	are	be	AUX
faba-239	273	3	supposed	suppose	VERB
faba-239	273	4	to	to	PART
faba-239	273	5	express	express	VERB
faba-239	273	6	the	the	DET
faba-239	273	7	correct	correct	ADJ
faba-239	273	8	level	level	NOUN
faba-239	273	9	for	for	ADP
faba-239	273	10	pe	pe	PRON
faba-239	273	11	and	and	CCONJ
faba-239	273	12	pbv	pbv	VERB
faba-239	273	13	of	of	ADP
faba-239	273	14	any	any	DET
faba-239	273	15	stock	stock	NOUN
faba-239	273	16	.	.	PUNCT
faba-239	274	1	the	the	DET
faba-239	274	2	determination	determination	NOUN
faba-239	274	3	of	of	ADP
faba-239	274	4	fundamental	fundamental	ADJ
faba-239	274	5	ratios	ratio	NOUN
faba-239	274	6	is	be	AUX
faba-239	274	7	actually	actually	ADV
faba-239	274	8	implicit	implicit	ADJ
faba-239	274	9	,	,	PUNCT
faba-239	274	10	short	short	ADJ
faba-239	274	11	,	,	PUNCT
faba-239	274	12	and	and	CCONJ
faba-239	274	13	hidden	hide	VERB
faba-239	274	14	dcf	dcf	PROPN
faba-239	274	15	valuation	valuation	NOUN
faba-239	274	16	of	of	ADP
faba-239	274	17	stocks	stock	NOUN
faba-239	274	18	.	.	PUNCT
faba-239	275	1	the	the	DET
faba-239	275	2	corresponding	corresponding	ADJ
faba-239	275	3	indicators	indicator	NOUN
faba-239	275	4	for	for	ADP
faba-239	275	5	the	the	DET
faba-239	275	6	three	three	NUM
faba-239	275	7	fundamentals	fundamental	NOUN
faba-239	275	8	,	,	PUNCT
faba-239	275	9	which	which	PRON
faba-239	275	10	are	be	AUX
faba-239	275	11	appropriate	appropriate	ADJ
faba-239	275	12	at	at	ADP
faba-239	275	13	equity	equity	NOUN
faba-239	275	14	level	level	NOUN
faba-239	275	15	,	,	PUNCT
faba-239	275	16	are	be	AUX
faba-239	275	17	roe	roe	NOUN
faba-239	275	18	,	,	PUNCT
faba-239	275	19	expected	expect	VERB
faba-239	275	20	growth	growth	NOUN
faba-239	275	21	of	of	ADP
faba-239	275	22	eps	eps	PROPN
faba-239	275	23	(	(	PUNCT
faba-239	275	24	g	g	NOUN
faba-239	275	25	)	)	PUNCT
faba-239	275	26	,	,	PUNCT
faba-239	275	27	and	and	CCONJ
faba-239	275	28	the	the	DET
faba-239	275	29	cost	cost	NOUN
faba-239	275	30	of	of	ADP
faba-239	275	31	equity	equity	NOUN
faba-239	275	32	(	(	PUNCT
faba-239	275	33	re	re	NOUN
faba-239	275	34	)	)	PUNCT
faba-239	275	35	.	.	PUNCT
faba-239	276	1	the	the	DET
faba-239	276	2	two	two	NUM
faba-239	276	3	-	-	PUNCT
faba-239	276	4	stage	stage	NOUN
faba-239	276	5	(	(	PUNCT
faba-239	276	6	high	high	ADJ
faba-239	276	7	-	-	PUNCT
faba-239	276	8	growth	growth	NOUN
faba-239	276	9	)	)	PUNCT
faba-239	276	10	fundamental	fundamental	ADJ
faba-239	276	11	model	model	NOUN
faba-239	276	12	seems	seem	VERB
faba-239	276	13	appropriate	appropriate	ADJ
faba-239	276	14	in	in	ADP
faba-239	276	15	this	this	DET
faba-239	276	16	case	case	NOUN
faba-239	276	17	,	,	PUNCT
faba-239	276	18	provided	provide	VERB
faba-239	276	19	that	that	SCONJ
faba-239	276	20	highgrowth	highgrowth	PROPN
faba-239	276	21	companies	company	NOUN
faba-239	276	22	are	be	AUX
faba-239	276	23	concerned	concern	VERB
faba-239	276	24	.	.	PUNCT
faba-239	277	1	the	the	DET
faba-239	277	2	values	value	NOUN
faba-239	277	3	of	of	ADP
faba-239	277	4	the	the	DET
faba-239	277	5	estimated	estimate	VERB
faba-239	277	6	fundamental	fundamental	ADJ
faba-239	277	7	ratios	ratio	NOUN
faba-239	277	8	are	be	AUX
faba-239	277	9	also	also	ADV
faba-239	277	10	not	not	PART
faba-239	277	11	undisputed	undisputed	ADJ
faba-239	277	12	,	,	PUNCT
faba-239	277	13	as	as	SCONJ
faba-239	277	14	the	the	DET
faba-239	277	15	input	input	NOUN
faba-239	277	16	fundamental	fundamental	ADJ
faba-239	277	17	variables	variable	NOUN
faba-239	277	18	are	be	AUX
faba-239	277	19	normally	normally	ADV
faba-239	277	20	subject	subject	ADJ
faba-239	277	21	to	to	ADP
faba-239	277	22	debates	debate	NOUN
faba-239	277	23	,	,	PUNCT
faba-239	277	24	as	as	SCONJ
faba-239	277	25	is	be	AUX
faba-239	277	26	the	the	DET
faba-239	277	27	case	case	NOUN
faba-239	277	28	with	with	ADP
faba-239	277	29	any	any	DET
faba-239	277	30	dcf	dcf	PROPN
faba-239	277	31	valuation	valuation	NOUN
faba-239	277	32	.	.	PUNCT
faba-239	278	1	the	the	DET
faba-239	278	2	point	point	NOUN
faba-239	278	3	is	be	AUX
faba-239	278	4	to	to	PART
faba-239	278	5	use	use	VERB
faba-239	278	6	meaningful	meaningful	ADJ
faba-239	278	7	and	and	CCONJ
faba-239	278	8	well	well	ADV
faba-239	278	9	-	-	PUNCT
faba-239	278	10	reasoned	reason	VERB
faba-239	278	11	values	value	NOUN
faba-239	278	12	for	for	ADP
faba-239	278	13	each	each	PRON
faba-239	278	14	of	of	ADP
faba-239	278	15	the	the	DET
faba-239	278	16	input	input	NOUN
faba-239	278	17	variables	variable	NOUN
faba-239	278	18	in	in	ADP
faba-239	278	19	the	the	DET
faba-239	278	20	process	process	NOUN
faba-239	278	21	.	.	PUNCT
faba-239	279	1	under	under	ADP
faba-239	279	2	the	the	DET
faba-239	279	3	basic	basic	ADJ
faba-239	279	4	scenario	scenario	NOUN
faba-239	279	5	,	,	PUNCT
faba-239	279	6	the	the	DET
faba-239	279	7	two	two	NUM
faba-239	279	8	-	-	PUNCT
faba-239	279	9	stage	stage	NOUN
faba-239	279	10	model	model	NOUN
faba-239	279	11	in	in	ADP
faba-239	279	12	this	this	DET
faba-239	279	13	case	case	NOUN
faba-239	279	14	is	be	AUX
faba-239	279	15	with	with	ADP
faba-239	279	16	a	a	DET
faba-239	279	17	5	5	NUM
faba-239	279	18	-	-	PUNCT
faba-239	279	19	year	year	NOUN
faba-239	279	20	first	first	ADJ
faba-239	279	21	stage	stage	NOUN
faba-239	279	22	.	.	PUNCT
faba-239	280	1	the	the	DET
faba-239	280	2	roe	roe	NOUN
faba-239	280	3	used	use	VERB
faba-239	280	4	for	for	ADP
faba-239	280	5	the	the	DET
faba-239	280	6	first	first	ADJ
faba-239	280	7	stage	stage	NOUN
faba-239	280	8	is	be	AUX
faba-239	280	9	the	the	DET
faba-239	280	10	average	average	ADJ
faba-239	280	11	company	company	NOUN
faba-239	280	12	(	(	PUNCT
faba-239	280	13	or	or	CCONJ
faba-239	280	14	index	index	NOUN
faba-239	280	15	)	)	PUNCT
faba-239	280	16	roe	roe	NOUN
faba-239	280	17	for	for	ADP
faba-239	280	18	the	the	DET
faba-239	280	19	period	period	NOUN
faba-239	280	20	2009	2009	NUM
faba-239	280	21	-	-	SYM
faba-239	280	22	2024	2024	NUM
faba-239	280	23	.	.	PUNCT
faba-239	281	1	table	table	NOUN
faba-239	281	2	8	8	NUM
faba-239	281	3	shows	show	VERB
faba-239	281	4	the	the	DET
faba-239	281	5	estimation	estimation	NOUN
faba-239	281	6	of	of	ADP
faba-239	281	7	the	the	DET
faba-239	281	8	internal	internal	ADJ
faba-239	281	9	growth	growth	NOUN
faba-239	281	10	rate	rate	NOUN
faba-239	281	11	(	(	PUNCT
faba-239	281	12	g1	g1	PROPN
faba-239	281	13	)	)	PUNCT
faba-239	281	14	by	by	ADP
faba-239	281	15	companies	company	NOUN
faba-239	281	16	for	for	ADP
faba-239	281	17	the	the	DET
faba-239	281	18	next	next	ADJ
faba-239	281	19	5	5	NUM
faba-239	281	20	years	year	NOUN
faba-239	281	21	,	,	PUNCT
faba-239	281	22	as	as	ADP
faba-239	281	23	the	the	DET
faba-239	281	24	product	product	NOUN
faba-239	281	25	of	of	ADP
faba-239	281	26	roe1	roe1	PROPN
faba-239	281	27	and	and	CCONJ
faba-239	281	28	plowback	plowback	VERB
faba-239	281	29	ratio	ratio	NOUN
faba-239	281	30	(	(	PUNCT
faba-239	281	31	b1	b1	NOUN
faba-239	281	32	)	)	PUNCT
faba-239	281	33	.	.	PUNCT
faba-239	282	1	the	the	DET
faba-239	282	2	plowback	plowback	NOUN
faba-239	282	3	ratio	ratio	NOUN
faba-239	282	4	itself	itself	PRON
faba-239	282	5	is	be	AUX
faba-239	282	6	derived	derive	VERB
faba-239	282	7	from	from	ADP
faba-239	282	8	the	the	DET
faba-239	282	9	payout	payout	NOUN
faba-239	282	10	ratio	ratio	NOUN
faba-239	282	11	(	(	PUNCT
faba-239	282	12	1	1	NUM
faba-239	282	13	-	-	PUNCT
faba-239	282	14	b1	b1	NOUN
faba-239	282	15	)	)	PUNCT
faba-239	282	16	,	,	PUNCT
faba-239	282	17	which	which	PRON
faba-239	282	18	presents	present	VERB
faba-239	282	19	the	the	DET
faba-239	282	20	average	average	ADJ
faba-239	282	21	payout	payout	NOUN
faba-239	282	22	to	to	ADP
faba-239	282	23	shareholders	shareholder	NOUN
faba-239	282	24	for	for	ADP
faba-239	282	25	the	the	DET
faba-239	282	26	last	last	ADJ
faba-239	282	27	five	five	NUM
faba-239	282	28	years	year	NOUN
faba-239	282	29	,	,	PUNCT
faba-239	282	30	i.e.	i.e.	X
faba-239	282	31	dividend	dividend	NOUN
faba-239	282	32	payouts	payout	NOUN
faba-239	282	33	+	+	CCONJ
faba-239	282	34	stock	stock	NOUN
faba-239	282	35	buybacks	buyback	NOUN
faba-239	282	36	.	.	PUNCT
faba-239	283	1	the	the	DET
faba-239	283	2	dividend	dividend	NOUN
faba-239	283	3	payments	payment	NOUN
faba-239	283	4	are	be	AUX
faba-239	283	5	not	not	PART
faba-239	283	6	significant	significant	ADJ
faba-239	283	7	for	for	ADP
faba-239	283	8	most	most	ADJ
faba-239	283	9	of	of	ADP
faba-239	283	10	the	the	DET
faba-239	283	11	companies	company	NOUN
faba-239	283	12	in	in	ADP
faba-239	283	13	the	the	DET
faba-239	283	14	group	group	NOUN
faba-239	283	15	.	.	PUNCT
faba-239	284	1	the	the	DET
faba-239	284	2	highest	high	ADJ
faba-239	284	3	is	be	AUX
faba-239	284	4	for	for	ADP
faba-239	284	5	microsoft	microsoft	PROPN
faba-239	284	6	–	–	PUNCT
faba-239	284	7	24.7	24.7	NUM
faba-239	284	8	%	%	NOUN
faba-239	284	9	,	,	PUNCT
faba-239	284	10	followed	follow	VERB
faba-239	284	11	by	by	ADP
faba-239	284	12	apple	apple	NOUN
faba-239	284	13	with	with	ADP
faba-239	284	14	about	about	ADV
faba-239	284	15	18	18	NUM
faba-239	284	16	%	%	NOUN
faba-239	284	17	,	,	PUNCT
faba-239	284	18	nvidia	nvidia	PROPN
faba-239	284	19	with	with	ADP
faba-239	284	20	10	10	NUM
faba-239	284	21	%	%	NOUN
faba-239	284	22	,	,	PUNCT
faba-239	284	23	meta	meta	PROPN
faba-239	284	24	platforms	platform	NOUN
faba-239	284	25	with	with	ADP
faba-239	284	26	4.94	4.94	NUM
faba-239	284	27	%	%	NOUN
faba-239	284	28	,	,	PUNCT
faba-239	284	29	alphabet	alphabet	NOUN
faba-239	284	30	with	with	ADP
faba-239	284	31	2.81	2.81	NUM
faba-239	284	32	%	%	NOUN
faba-239	284	33	.	.	PUNCT
faba-239	285	1	amazon	amazon	PROPN
faba-239	285	2	and	and	CCONJ
faba-239	285	3	tesla	tesla	PROPN
faba-239	285	4	have	have	AUX
faba-239	285	5	not	not	PART
faba-239	285	6	payed	pay	VERB
faba-239	285	7	dividends	dividend	NOUN
faba-239	285	8	during	during	ADP
faba-239	285	9	the	the	DET
faba-239	285	10	period	period	NOUN
faba-239	285	11	.	.	PUNCT
faba-239	286	1	at	at	ADP
faba-239	286	2	the	the	DET
faba-239	286	3	same	same	ADJ
faba-239	286	4	time	time	NOUN
faba-239	286	5	the	the	DET
faba-239	286	6	stock	stock	NOUN
faba-239	286	7	buybacks	buyback	NOUN
faba-239	286	8	are	be	AUX
faba-239	286	9	significant	significant	ADJ
faba-239	286	10	for	for	ADP
faba-239	286	11	five	five	NUM
faba-239	286	12	of	of	ADP
faba-239	286	13	the	the	DET
faba-239	286	14	companies	company	NOUN
faba-239	286	15	.	.	PUNCT
faba-239	287	1	the	the	DET
faba-239	287	2	average	average	ADJ
faba-239	287	3	values	value	NOUN
faba-239	287	4	,	,	PUNCT
faba-239	287	5	as	as	ADP
faba-239	287	6	percent	percent	NOUN
faba-239	287	7	of	of	ADP
faba-239	287	8	net	net	ADJ
faba-239	287	9	income	income	NOUN
faba-239	287	10	,	,	PUNCT
faba-239	287	11	are	be	AUX
faba-239	287	12	99.67	99.67	NUM
faba-239	287	13	%	%	NOUN
faba-239	287	14	for	for	ADP
faba-239	287	15	apple	apple	NOUN
faba-239	287	16	,	,	PUNCT
faba-239	287	17	77.58	77.58	NUM
faba-239	287	18	%	%	NOUN
faba-239	287	19	for	for	ADP
faba-239	287	20	alphabet	alphabet	NOUN
faba-239	287	21	,	,	PUNCT
faba-239	287	22	68.81	68.81	NUM
faba-239	287	23	%	%	NOUN
faba-239	287	24	for	for	ADP
faba-239	287	25	meta	meta	ADJ
faba-239	287	26	,	,	PUNCT
faba-239	287	27	67.60	67.60	NUM
faba-239	287	28	%	%	NOUN
faba-239	287	29	for	for	ADP
faba-239	287	30	nvidia	nvidia	PROPN
faba-239	287	31	,	,	PUNCT
faba-239	287	32	30.80	30.80	NUM
faba-239	287	33	%	%	NOUN
faba-239	287	34	for	for	ADP
faba-239	287	35	microsoft	microsoft	PROPN
faba-239	287	36	.	.	PUNCT
faba-239	288	1	the	the	DET
faba-239	288	2	average	average	ADJ
faba-239	288	3	buybacks	buyback	NOUN
faba-239	288	4	of	of	ADP
faba-239	288	5	amazon	amazon	NOUN
faba-239	288	6	amount	amount	NOUN
faba-239	288	7	to	to	ADP
faba-239	288	8	only	only	ADV
faba-239	288	9	6.38	6.38	NUM
faba-239	288	10	%	%	NOUN
faba-239	288	11	,	,	PUNCT
faba-239	288	12	and	and	CCONJ
faba-239	288	13	for	for	ADP
faba-239	288	14	tesla	tesla	PROPN
faba-239	288	15	are	be	AUX
faba-239	288	16	0.0	0.0	NUM
faba-239	288	17	%	%	NOUN
faba-239	288	18	.	.	PUNCT
faba-239	289	1	table	table	NOUN
faba-239	289	2	8	8	NUM
faba-239	289	3	.	.	PUNCT
faba-239	290	1	internal	internal	ADJ
faba-239	290	2	growth	growth	NOUN
faba-239	290	3	rate	rate	NOUN
faba-239	290	4	for	for	ADP
faba-239	290	5	aamamnt	aamamnt	NOUN
faba-239	290	6	and	and	CCONJ
faba-239	290	7	the	the	DET
faba-239	290	8	s&p	s&p	PROPN
faba-239	290	9	500	500	NUM
faba-239	290	10	–	–	PUNCT
faba-239	290	11	stage	stage	NOUN
faba-239	290	12	1	1	NUM
faba-239	290	13	stage	stage	NOUN
faba-239	290	14	1	1	NUM
faba-239	290	15	company	company	NOUN
faba-239	290	16	payout	payout	NOUN
faba-239	290	17	ratio	ratio	NOUN
faba-239	290	18	1	1	NUM
faba-239	290	19	(	(	PUNCT
faba-239	290	20	1	1	NUM
faba-239	290	21	-	-	PUNCT
faba-239	290	22	b1	b1	NOUN
faba-239	290	23	)	)	PUNCT
faba-239	290	24	plowback	plowback	NOUN
faba-239	290	25	ratio	ratio	NOUN
faba-239	290	26	1	1	NUM
faba-239	290	27	(	(	PUNCT
faba-239	290	28	b1	b1	NOUN
faba-239	290	29	)	)	PUNCT
faba-239	290	30	roe1	roe1	PROPN
faba-239	290	31	g1	g1	PROPN
faba-239	290	32	(	(	PUNCT
faba-239	290	33	roe1×b1	roe1×b1	NUM
faba-239	290	34	)	)	PUNCT
faba-239	290	35	apple	apple	NOUN
faba-239	290	36	0.8000	0.8000	NUM
faba-239	290	37	0.2000	0.2000	NUM
faba-239	290	38	71.75	71.75	NUM
faba-239	290	39	%	%	NOUN
faba-239	290	40	14.35	14.35	NUM
faba-239	290	41	%	%	NOUN
faba-239	290	42	amazon	amazon	NOUN
faba-239	290	43	0.0638	0.0638	NUM
faba-239	290	44	0.9362	0.9362	NUM
faba-239	290	45	13.87	13.87	NUM
faba-239	290	46	%	%	NOUN
faba-239	290	47	12.99	12.99	NUM
faba-239	290	48	%	%	NOUN
faba-239	290	49	microsoft	microsoft	PROPN
faba-239	290	50	0.5550	0.5550	NUM
faba-239	290	51	0.4450	0.4450	NUM
faba-239	290	52	34.22	34.22	NUM
faba-239	290	53	%	%	NOUN
faba-239	290	54	15.23	15.23	NUM
faba-239	290	55	%	%	NOUN
faba-239	290	56	alphabet	alphabet	PROPN
faba-239	290	57	/	/	SYM
faba-239	290	58	google	google	PROPN
faba-239	290	59	0.8039	0.8039	NUM
faba-239	290	60	0.1961	0.1961	NUM
faba-239	290	61	19.36	19.36	NUM
faba-239	290	62	%	%	NOUN
faba-239	290	63	3.80	3.80	NUM
faba-239	290	64	%	%	NOUN
faba-239	290	65	meta	meta	PROPN
faba-239	290	66	platforms	platform	NOUN
faba-239	290	67	0.7375	0.7375	NUM
faba-239	290	68	0.2625	0.2625	NUM
faba-239	290	69	19.91	19.91	NUM
faba-239	290	70	%	%	NOUN
faba-239	290	71	5.23	5.23	NUM
faba-239	290	72	%	%	NOUN
faba-239	290	73	nvidia	nvidia	PROPN
faba-239	290	74	0.7760	0.7760	NUM
faba-239	290	75	0.2240	0.2240	NUM
faba-239	290	76	32.80	32.80	NUM
faba-239	290	77	%	%	NOUN
faba-239	290	78	7.35	7.35	NUM
faba-239	290	79	%	%	NOUN
faba-239	290	80	tesla	tesla	PROPN
faba-239	290	81	0.0000	0.0000	NUM
faba-239	290	82	1.0000	1.0000	NUM
faba-239	290	83	19.89	19.89	NUM
faba-239	290	84	%	%	NOUN
faba-239	290	85	19.89	19.89	NUM
faba-239	290	86	%	%	NOUN
faba-239	290	87	s&p	s&p	PROPN
faba-239	290	88	500	500	NUM
faba-239	290	89	0.8185	0.8185	NUM
faba-239	290	90	0.1815	0.1815	NUM
faba-239	290	91	18.25	18.25	NUM
faba-239	290	92	%	%	NOUN
faba-239	290	93	3.31	3.31	NUM
faba-239	290	94	%	%	NOUN
faba-239	290	95	source	source	NOUN
faba-239	290	96	:	:	PUNCT
faba-239	290	97	calculations	calculation	NOUN
faba-239	290	98	of	of	ADP
faba-239	290	99	the	the	DET
faba-239	290	100	author	author	NOUN
faba-239	290	101	,	,	PUNCT
faba-239	290	102	https://ycharts.com/companies/	https://ycharts.com/companies/	PROPN
faba-239	290	103	...	...	PUNCT
faba-239	290	104	,	,	PUNCT
faba-239	290	105	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	290	106	…	…	PUNCT
faba-239	290	107	,	,	PUNCT
faba-239	290	108	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	VERB
faba-239	290	109	the	the	DET
faba-239	290	110	average	average	ADJ
faba-239	290	111	total	total	ADJ
faba-239	290	112	payout	payout	NOUN
faba-239	290	113	ratios	ratio	NOUN
faba-239	290	114	can	can	AUX
faba-239	290	115	be	be	AUX
faba-239	290	116	seen	see	VERB
faba-239	290	117	in	in	ADP
faba-239	290	118	table	table	NOUN
faba-239	290	119	8	8	NUM
faba-239	290	120	.	.	PUNCT
faba-239	291	1	this	this	DET
faba-239	291	2	ratio	ratio	NOUN
faba-239	291	3	of	of	ADP
faba-239	291	4	apple	apple	NOUN
faba-239	291	5	for	for	ADP
faba-239	291	6	the	the	DET
faba-239	291	7	last	last	ADJ
faba-239	291	8	five	five	NUM
faba-239	291	9	years	year	NOUN
faba-239	291	10	is	be	AUX
faba-239	291	11	almost	almost	ADV
faba-239	291	12	118	118	NUM
faba-239	291	13	%	%	NOUN
faba-239	291	14	of	of	ADP
faba-239	291	15	net	net	ADJ
faba-239	291	16	income	income	NOUN
faba-239	291	17	,	,	PUNCT
faba-239	291	18	probably	probably	ADV
faba-239	291	19	paid	pay	VERB
faba-239	291	20	out	out	ADP
faba-239	291	21	of	of	ADP
faba-239	291	22	accumulated	accumulate	VERB
faba-239	291	23	cash	cash	NOUN
faba-239	291	24	from	from	ADP
faba-239	291	25	earlier	early	ADJ
faba-239	291	26	periods	period	NOUN
faba-239	291	27	.	.	PUNCT
faba-239	292	1	it	it	PRON
faba-239	292	2	makes	make	VERB
faba-239	292	3	no	no	DET
faba-239	292	4	sense	sense	NOUN
faba-239	292	5	to	to	PART
faba-239	292	6	use	use	VERB
faba-239	292	7	it	it	PRON
faba-239	292	8	as	as	ADP
faba-239	292	9	a	a	DET
faba-239	292	10	projection	projection	NOUN
faba-239	292	11	,	,	PUNCT
faba-239	292	12	so	so	CCONJ
faba-239	292	13	the	the	DET
faba-239	292	14	more	more	ADV
faba-239	292	15	logical	logical	ADJ
faba-239	292	16	payout	payout	NOUN
faba-239	292	17	ratio	ratio	NOUN
faba-239	292	18	of	of	ADP
faba-239	292	19	0.80	0.80	NUM
faba-239	292	20	is	be	AUX
faba-239	292	21	used	use	VERB
faba-239	292	22	.	.	PUNCT
faba-239	293	1	the	the	DET
faba-239	293	2	resulting	result	VERB
faba-239	293	3	plowback	plowback	NOUN
faba-239	293	4	ratios	ratio	NOUN
faba-239	293	5	are	be	AUX
faba-239	293	6	quite	quite	ADV
faba-239	293	7	modest	modest	ADJ
faba-239	293	8	for	for	ADP
faba-239	293	9	four	four	NUM
faba-239	293	10	of	of	ADP
faba-239	293	11	the	the	DET
faba-239	293	12	companies	company	NOUN
faba-239	293	13	,	,	PUNCT
faba-239	293	14	medium	medium	NOUN
faba-239	293	15	for	for	ADP
faba-239	293	16	microsoft	microsoft	PROPN
faba-239	293	17	,	,	PUNCT
faba-239	293	18	very	very	ADV
faba-239	293	19	high	high	ADJ
faba-239	293	20	for	for	ADP
faba-239	293	21	amazon	amazon	NOUN
faba-239	293	22	,	,	PUNCT
faba-239	293	23	and	and	CCONJ
faba-239	293	24	1	1	NUM
faba-239	293	25	(	(	PUNCT
faba-239	293	26	maximum	maximum	ADJ
faba-239	293	27	)	)	PUNCT
faba-239	293	28	for	for	ADP
faba-239	293	29	tesla	tesla	PROPN
faba-239	293	30	.	.	PUNCT
faba-239	294	1	the	the	DET
faba-239	294	2	payout	payout	ADJ
faba-239	294	3	ratio	ratio	NOUN
faba-239	294	4	for	for	ADP
faba-239	294	5	the	the	DET
faba-239	294	6	s&p	s&p	PROPN
faba-239	294	7	500	500	NUM
faba-239	294	8	of	of	ADP
faba-239	294	9	0.8185	0.8185	NUM
faba-239	294	10	is	be	AUX
faba-239	294	11	actually	actually	ADV
faba-239	294	12	the	the	DET
faba-239	294	13	average	average	NOUN
faba-239	294	14	for	for	ADP
faba-239	294	15	the	the	DET
faba-239	294	16	latest	late	ADJ
faba-239	294	17	three	three	NUM
faba-239	294	18	years	year	NOUN
faba-239	294	19	,	,	PUNCT
faba-239	294	20	and	and	CCONJ
faba-239	294	21	the	the	DET
faba-239	294	22	corresponding	corresponding	ADJ
faba-239	294	23	plowback	plowback	NOUN
faba-239	294	24	ratio	ratio	NOUN
faba-239	294	25	is	be	AUX
faba-239	294	26	0.1815	0.1815	NUM
faba-239	294	27	.	.	PUNCT
faba-239	295	1	the	the	DET
faba-239	295	2	average	average	ADJ
faba-239	295	3	roes	roe	NOUN
faba-239	295	4	for	for	ADP
faba-239	295	5	the	the	DET
faba-239	295	6	period	period	NOUN
faba-239	295	7	2009	2009	NUM
faba-239	295	8	-	-	SYM
faba-239	295	9	2024	2024	NUM
faba-239	295	10	are	be	AUX
faba-239	295	11	suitable	suitable	ADJ
faba-239	295	12	to	to	PART
faba-239	295	13	use	use	VERB
faba-239	295	14	in	in	ADP
faba-239	295	15	this	this	DET
faba-239	295	16	case	case	NOUN
faba-239	295	17	.	.	PUNCT
faba-239	296	1	the	the	DET
faba-239	296	2	only	only	ADJ
faba-239	296	3	exception	exception	NOUN
faba-239	296	4	is	be	AUX
faba-239	296	5	tesla	tesla	PROPN
faba-239	296	6	,	,	PUNCT
faba-239	296	7	since	since	SCONJ
faba-239	296	8	its	its	PRON
faba-239	296	9	average	average	NOUN
faba-239	296	10	is	be	AUX
faba-239	296	11	negative	negative	ADJ
faba-239	296	12	.	.	PUNCT
faba-239	297	1	for	for	ADP
faba-239	297	2	this	this	DET
faba-239	297	3	reason	reason	NOUN
faba-239	297	4	,	,	PUNCT
faba-239	297	5	the	the	DET
faba-239	297	6	latest	late	ADJ
faba-239	297	7	roe	roe	NOUN
faba-239	297	8	of	of	ADP
faba-239	297	9	19.89	19.89	NUM
faba-239	297	10	%	%	NOUN
faba-239	297	11	is	be	AUX
faba-239	297	12	used	use	VERB
faba-239	297	13	for	for	ADP
faba-239	297	14	tesla	tesla	PROPN
faba-239	297	15	.	.	PUNCT
faba-239	298	1	the	the	DET
faba-239	298	2	calculated	calculate	VERB
faba-239	298	3	internal	internal	ADJ
faba-239	298	4	growth	growth	NOUN
faba-239	298	5	rates	rate	NOUN
faba-239	298	6	for	for	ADP
faba-239	298	7	the	the	DET
faba-239	298	8	next	next	ADJ
faba-239	298	9	5	5	NUM
faba-239	298	10	years	year	NOUN
faba-239	298	11	can	can	AUX
faba-239	298	12	be	be	AUX
faba-239	298	13	put	put	VERB
faba-239	298	14	into	into	ADP
faba-239	298	15	two	two	NUM
faba-239	298	16	groups	group	NOUN
faba-239	298	17	–	–	PUNCT
faba-239	298	18	high	high	ADJ
faba-239	298	19	growth	growth	NOUN
faba-239	298	20	rates	rate	NOUN
faba-239	298	21	(	(	PUNCT
faba-239	298	22	for	for	ADP
faba-239	298	23	apple	apple	NOUN
faba-239	298	24	,	,	PUNCT
faba-239	298	25	amazon	amazon	PROPN
faba-239	298	26	,	,	PUNCT
faba-239	298	27	microsoft	microsoft	PROPN
faba-239	298	28	and	and	CCONJ
faba-239	298	29	tesla	tesla	PROPN
faba-239	298	30	)	)	PUNCT
faba-239	298	31	,	,	PUNCT
faba-239	298	32	and	and	CCONJ
faba-239	298	33	relatively	relatively	ADV
faba-239	298	34	low	low	ADJ
faba-239	298	35	growth	growth	NOUN
faba-239	298	36	rates	rate	NOUN
faba-239	298	37	(	(	PUNCT
faba-239	298	38	for	for	ADP
faba-239	298	39	alphabet	alphabet	NOUN
faba-239	298	40	,	,	PUNCT
faba-239	298	41	meta	meta	ADJ
faba-239	298	42	and	and	CCONJ
faba-239	298	43	nvidia	nvidia	PROPN
faba-239	298	44	)	)	PUNCT
faba-239	298	45	.	.	PUNCT
faba-239	299	1	the	the	DET
faba-239	299	2	high	high	ADJ
faba-239	299	3	growth	growth	NOUN
faba-239	299	4	https://ycharts.com/companies/	https://ycharts.com/companies/	PROPN
faba-239	299	5	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	299	6	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	299	7	dimiter	dimiter	NOUN
faba-239	299	8	nenkov	nenkov	NOUN
faba-239	299	9	/	/	SYM
faba-239	299	10	finance	finance	NOUN
faba-239	299	11	,	,	PUNCT
faba-239	299	12	accounting	accounting	NOUN
faba-239	299	13	and	and	CCONJ
faba-239	299	14	business	business	NOUN
faba-239	299	15	analysis	analysis	NOUN
faba-239	299	16	,	,	PUNCT
faba-239	299	17	volume	volume	NOUN
faba-239	299	18	6	6	NUM
faba-239	299	19	,	,	PUNCT
faba-239	299	20	issue	issue	NOUN
faba-239	299	21	2	2	NUM
faba-239	299	22	,	,	PUNCT
faba-239	299	23	2024	2024	NUM
faba-239	299	24	191	191	NUM
faba-239	299	25	rates	rate	NOUN
faba-239	299	26	of	of	ADP
faba-239	299	27	amazon	amazon	NOUN
faba-239	299	28	and	and	CCONJ
faba-239	299	29	tesla	tesla	PROPN
faba-239	299	30	are	be	AUX
faba-239	299	31	due	due	ADJ
faba-239	299	32	mainly	mainly	ADV
faba-239	299	33	to	to	ADP
faba-239	299	34	the	the	DET
faba-239	299	35	extremely	extremely	ADV
faba-239	299	36	high	high	ADJ
faba-239	299	37	plowback	plowback	NOUN
faba-239	299	38	ratios	ratio	NOUN
faba-239	299	39	.	.	PUNCT
faba-239	300	1	the	the	DET
faba-239	300	2	low	low	ADJ
faba-239	300	3	growth	growth	NOUN
faba-239	300	4	rates	rate	NOUN
faba-239	300	5	of	of	ADP
faba-239	300	6	alphabet	alphabet	PROPN
faba-239	300	7	,	,	PUNCT
faba-239	300	8	meta	meta	ADJ
faba-239	300	9	and	and	CCONJ
faba-239	300	10	nvidia	nvidia	PROPN
faba-239	300	11	are	be	AUX
faba-239	300	12	due	due	ADJ
faba-239	300	13	mainly	mainly	ADV
faba-239	300	14	to	to	ADP
faba-239	300	15	low	low	ADJ
faba-239	300	16	plowback	plowback	NOUN
faba-239	300	17	ratios	ratio	NOUN
faba-239	300	18	.	.	PUNCT
faba-239	301	1	table	table	NOUN
faba-239	301	2	9	9	NUM
faba-239	301	3	illustrates	illustrate	VERB
faba-239	301	4	the	the	DET
faba-239	301	5	historical	historical	ADJ
faba-239	301	6	and	and	CCONJ
faba-239	301	7	current	current	ADJ
faba-239	301	8	risk	risk	NOUN
faba-239	301	9	free	free	ADJ
faba-239	301	10	rates	rate	NOUN
faba-239	301	11	,	,	PUNCT
faba-239	301	12	risk	risk	NOUN
faba-239	301	13	premiums	premium	NOUN
faba-239	301	14	and	and	CCONJ
faba-239	301	15	expected	expect	VERB
faba-239	301	16	return	return	NOUN
faba-239	301	17	of	of	ADP
faba-239	301	18	s&p	s&p	PROPN
faba-239	301	19	500	500	NUM
faba-239	301	20	,	,	PUNCT
faba-239	301	21	which	which	PRON
faba-239	301	22	are	be	AUX
faba-239	301	23	used	use	VERB
faba-239	301	24	in	in	ADP
faba-239	301	25	deriving	derive	VERB
faba-239	301	26	the	the	DET
faba-239	301	27	cost	cost	NOUN
faba-239	301	28	of	of	ADP
faba-239	301	29	equity	equity	NOUN
faba-239	301	30	for	for	ADP
faba-239	301	31	stocks	stock	NOUN
faba-239	301	32	.	.	PUNCT
faba-239	302	1	the	the	DET
faba-239	302	2	historic	historic	ADJ
faba-239	302	3	average	average	ADJ
faba-239	302	4	values	value	NOUN
faba-239	302	5	are	be	AUX
faba-239	302	6	normally	normally	ADV
faba-239	302	7	preferred	prefer	VERB
faba-239	302	8	by	by	ADP
faba-239	302	9	academics	academic	NOUN
faba-239	302	10	,	,	PUNCT
faba-239	302	11	while	while	SCONJ
faba-239	302	12	the	the	DET
faba-239	302	13	current	current	ADJ
faba-239	302	14	rates	rate	NOUN
faba-239	302	15	are	be	AUX
faba-239	302	16	normally	normally	ADV
faba-239	302	17	used	use	VERB
faba-239	302	18	by	by	ADP
faba-239	302	19	managers	manager	NOUN
faba-239	302	20	and	and	CCONJ
faba-239	302	21	analysts	analyst	NOUN
faba-239	302	22	in	in	ADP
faba-239	302	23	the	the	DET
faba-239	302	24	practice	practice	NOUN
faba-239	302	25	of	of	ADP
faba-239	302	26	capital	capital	NOUN
faba-239	302	27	markets	market	NOUN
faba-239	302	28	.	.	PUNCT
faba-239	303	1	during	during	ADP
faba-239	303	2	the	the	DET
faba-239	303	3	whole	whole	ADJ
faba-239	303	4	period	period	NOUN
faba-239	303	5	after	after	ADP
faba-239	303	6	the	the	DET
faba-239	303	7	global	global	ADJ
faba-239	303	8	financial	financial	ADJ
faba-239	303	9	crisis	crisis	NOUN
faba-239	303	10	,	,	PUNCT
faba-239	303	11	with	with	ADP
faba-239	303	12	the	the	DET
faba-239	303	13	exception	exception	NOUN
faba-239	303	14	of	of	ADP
faba-239	303	15	the	the	DET
faba-239	303	16	last	last	ADJ
faba-239	303	17	two	two	NUM
faba-239	303	18	years	year	NOUN
faba-239	303	19	,	,	PUNCT
faba-239	303	20	the	the	DET
faba-239	303	21	current	current	ADJ
faba-239	303	22	expected	expect	VERB
faba-239	303	23	return	return	NOUN
faba-239	303	24	used	use	VERB
faba-239	303	25	to	to	PART
faba-239	303	26	be	be	AUX
faba-239	303	27	significantly	significantly	ADV
faba-239	303	28	lower	low	ADJ
faba-239	303	29	than	than	ADP
faba-239	303	30	historical	historical	ADJ
faba-239	303	31	average	average	ADJ
faba-239	303	32	levels	level	NOUN
faba-239	303	33	,	,	PUNCT
faba-239	303	34	due	due	ADP
faba-239	303	35	to	to	ADP
faba-239	303	36	the	the	DET
faba-239	303	37	very	very	ADV
faba-239	303	38	low	low	ADJ
faba-239	303	39	interest	interest	NOUN
faba-239	303	40	rates	rate	NOUN
faba-239	303	41	.	.	PUNCT
faba-239	304	1	table	table	NOUN
faba-239	304	2	9	9	NUM
faba-239	304	3	.	.	NOUN
faba-239	304	4	historic	historic	ADJ
faba-239	304	5	and	and	CCONJ
faba-239	304	6	current	current	ADJ
faba-239	304	7	expected	expect	VERB
faba-239	304	8	return	return	NOUN
faba-239	304	9	for	for	ADP
faba-239	304	10	the	the	DET
faba-239	304	11	us	us	PROPN
faba-239	304	12	market	market	NOUN
faba-239	304	13	indicator	indicator	NOUN
faba-239	304	14	period	period	NOUN
faba-239	304	15	risk	risk	NOUN
faba-239	304	16	free	free	ADJ
faba-239	304	17	rate	rate	NOUN
faba-239	304	18	risk	risk	NOUN
faba-239	304	19	premium	premium	NOUN
faba-239	304	20	market	market	NOUN
faba-239	304	21	return	return	VERB
faba-239	304	22	arithmetic	arithmetic	ADJ
faba-239	304	23	average	average	ADJ
faba-239	304	24	historical	historical	ADJ
faba-239	304	25	return	return	NOUN
faba-239	304	26	1928	1928	NUM
faba-239	304	27	-	-	SYM
faba-239	304	28	2023	2023	NUM
faba-239	304	29	4.86	4.86	NUM
faba-239	304	30	%	%	NOUN
faba-239	304	31	6.80	6.80	NUM
faba-239	304	32	%	%	NOUN
faba-239	304	33	11.66	11.66	NUM
faba-239	304	34	%	%	NOUN
faba-239	304	35	geometric	geometric	ADJ
faba-239	304	36	average	average	ADJ
faba-239	304	37	historical	historical	ADJ
faba-239	304	38	return	return	NOUN
faba-239	304	39	1928	1928	NUM
faba-239	304	40	-	-	SYM
faba-239	304	41	2023	2023	NUM
faba-239	304	42	4.57	4.57	NUM
faba-239	304	43	%	%	NOUN
faba-239	304	44	5.23	5.23	NUM
faba-239	304	45	%	%	NOUN
faba-239	304	46	9.80	9.80	NUM
faba-239	304	47	%	%	NOUN
faba-239	304	48	pablo	pablo	PROPN
faba-239	304	49	fernandez	fernandez	PROPN
faba-239	304	50	–	–	PUNCT
faba-239	304	51	survey	survey	NOUN
faba-239	304	52	2024	2024	NUM
faba-239	304	53	4.10	4.10	NUM
faba-239	304	54	%	%	NOUN
faba-239	304	55	5.50	5.50	NUM
faba-239	304	56	%	%	NOUN
faba-239	304	57	9.60	9.60	NUM
faba-239	304	58	%	%	NOUN
faba-239	304	59	average	average	NOUN
faba-239	304	60	of	of	ADP
faba-239	304	61	monthly	monthly	ADJ
faba-239	304	62	expected	expect	VERB
faba-239	304	63	returns	return	NOUN
faba-239	304	64	2008	2008	NUM
faba-239	304	65	-	-	SYM
faba-239	304	66	2024	2024	NUM
faba-239	304	67	2.51	2.51	NUM
faba-239	304	68	%	%	NOUN
faba-239	304	69	5.43	5.43	NUM
faba-239	304	70	%	%	NOUN
faba-239	304	71	7.94	7.94	NUM
faba-239	304	72	%	%	NOUN
faba-239	304	73	current	current	ADJ
faba-239	304	74	expected	expect	VERB
faba-239	304	75	return	return	NOUN
faba-239	304	76	aug	aug	PROPN
faba-239	304	77	2024	2024	NUM
faba-239	304	78	4.09	4.09	NUM
faba-239	304	79	%	%	NOUN
faba-239	304	80	4.12	4.12	NUM
faba-239	304	81	%	%	NOUN
faba-239	304	82	8.21	8.21	NUM
faba-239	304	83	%	%	NOUN
faba-239	304	84	source	source	NOUN
faba-239	304	85	:	:	PUNCT
faba-239	304	86	calculations	calculation	NOUN
faba-239	304	87	of	of	ADP
faba-239	304	88	the	the	DET
faba-239	304	89	author	author	NOUN
faba-239	304	90	,	,	PUNCT
faba-239	304	91	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	304	92	,	,	PUNCT
faba-239	304	93	fernandez	fernandez	PROPN
faba-239	304	94	2024	2024	NUM
faba-239	304	95	the	the	DET
faba-239	304	96	numbers	number	NOUN
faba-239	304	97	in	in	ADP
faba-239	304	98	table	table	NOUN
faba-239	304	99	9	9	NUM
faba-239	304	100	indicate	indicate	VERB
faba-239	304	101	that	that	SCONJ
faba-239	304	102	historic	historic	ADJ
faba-239	304	103	average	average	ADJ
faba-239	304	104	return	return	NOUN
faba-239	304	105	is	be	AUX
faba-239	304	106	higher	high	ADJ
faba-239	304	107	than	than	ADP
faba-239	304	108	current	current	ADJ
faba-239	304	109	expected	expect	VERB
faba-239	304	110	return	return	NOUN
faba-239	304	111	.	.	PUNCT
faba-239	305	1	the	the	DET
faba-239	305	2	arithmetic	arithmetic	ADJ
faba-239	305	3	average	average	ADJ
faba-239	305	4	historic	historic	ADJ
faba-239	305	5	return	return	NOUN
faba-239	305	6	is	be	AUX
faba-239	305	7	the	the	DET
faba-239	305	8	highest	high	ADJ
faba-239	305	9	–	–	PUNCT
faba-239	305	10	11.66	11.66	NUM
faba-239	305	11	%	%	NOUN
faba-239	305	12	.	.	PUNCT
faba-239	306	1	the	the	DET
faba-239	306	2	geometric	geometric	ADJ
faba-239	306	3	average	average	NOUN
faba-239	306	4	is	be	AUX
faba-239	306	5	9.80	9.80	NUM
faba-239	306	6	%	%	NOUN
faba-239	306	7	and	and	CCONJ
faba-239	306	8	is	be	AUX
faba-239	306	9	very	very	ADV
faba-239	306	10	close	close	ADJ
faba-239	306	11	to	to	ADP
faba-239	306	12	the	the	DET
faba-239	306	13	return	return	NOUN
faba-239	306	14	derived	derive	VERB
faba-239	306	15	from	from	ADP
faba-239	306	16	the	the	DET
faba-239	306	17	latest	late	ADJ
faba-239	306	18	survey	survey	NOUN
faba-239	306	19	of	of	ADP
faba-239	306	20	pablo	pablo	PROPN
faba-239	306	21	fernandez	fernandez	PROPN
faba-239	306	22	(	(	PUNCT
faba-239	306	23	for	for	ADP
faba-239	306	24	2024	2024	NUM
faba-239	306	25	)	)	PUNCT
faba-239	306	26	.	.	PUNCT
faba-239	307	1	the	the	DET
faba-239	307	2	average	average	NOUN
faba-239	307	3	of	of	ADP
faba-239	307	4	the	the	DET
faba-239	307	5	monthly	monthly	ADJ
faba-239	307	6	expected	expect	VERB
faba-239	307	7	returns	return	NOUN
faba-239	307	8	from	from	ADP
faba-239	307	9	january	january	PROPN
faba-239	307	10	2008	2008	NUM
faba-239	307	11	to	to	ADP
faba-239	307	12	august	august	PROPN
faba-239	307	13	2024	2024	NUM
faba-239	307	14	is	be	AUX
faba-239	307	15	7.94	7.94	NUM
faba-239	307	16	%	%	NOUN
faba-239	307	17	,	,	PUNCT
faba-239	307	18	which	which	PRON
faba-239	307	19	is	be	AUX
faba-239	307	20	very	very	ADV
faba-239	307	21	close	close	ADJ
faba-239	307	22	to	to	ADP
faba-239	307	23	the	the	DET
faba-239	307	24	current	current	ADJ
faba-239	307	25	expected	expect	VERB
faba-239	307	26	return	return	NOUN
faba-239	307	27	as	as	ADP
faba-239	307	28	of	of	ADP
faba-239	307	29	august	august	PROPN
faba-239	307	30	2024	2024	NUM
faba-239	307	31	of	of	ADP
faba-239	307	32	8.21	8.21	NUM
faba-239	307	33	%	%	NOUN
faba-239	307	34	.	.	PUNCT
faba-239	308	1	the	the	DET
faba-239	308	2	main	main	ADJ
faba-239	308	3	touted	tout	VERB
faba-239	308	4	advantage	advantage	NOUN
faba-239	308	5	of	of	ADP
faba-239	308	6	the	the	DET
faba-239	308	7	current	current	ADJ
faba-239	308	8	cost	cost	NOUN
faba-239	308	9	of	of	ADP
faba-239	308	10	equity	equity	NOUN
faba-239	308	11	is	be	AUX
faba-239	308	12	that	that	SCONJ
faba-239	308	13	it	it	PRON
faba-239	308	14	is	be	AUX
faba-239	308	15	up	up	ADP
faba-239	308	16	to	to	ADP
faba-239	308	17	date	date	NOUN
faba-239	308	18	.	.	PUNCT
faba-239	309	1	the	the	DET
faba-239	309	2	main	main	ADJ
faba-239	309	3	disadvantage	disadvantage	NOUN
faba-239	309	4	is	be	AUX
faba-239	309	5	that	that	SCONJ
faba-239	309	6	it	it	PRON
faba-239	309	7	is	be	AUX
faba-239	309	8	too	too	ADV
faba-239	309	9	volatile	volatile	ADJ
faba-239	309	10	.	.	PUNCT
faba-239	310	1	the	the	DET
faba-239	310	2	main	main	ADJ
faba-239	310	3	advantage	advantage	NOUN
faba-239	310	4	of	of	ADP
faba-239	310	5	the	the	DET
faba-239	310	6	historic	historic	ADJ
faba-239	310	7	average	average	NOUN
faba-239	310	8	is	be	AUX
faba-239	310	9	that	that	SCONJ
faba-239	310	10	it	it	PRON
faba-239	310	11	is	be	AUX
faba-239	310	12	stable	stable	ADJ
faba-239	310	13	and	and	CCONJ
faba-239	310	14	is	be	AUX
faba-239	310	15	supposed	suppose	VERB
faba-239	310	16	to	to	PART
faba-239	310	17	be	be	AUX
faba-239	310	18	more	more	ADV
faba-239	310	19	representative	representative	ADJ
faba-239	310	20	for	for	ADP
faba-239	310	21	the	the	DET
faba-239	310	22	long	long	ADJ
faba-239	310	23	run	run	NOUN
faba-239	310	24	.	.	PUNCT
faba-239	311	1	the	the	DET
faba-239	311	2	main	main	ADJ
faba-239	311	3	disadvantage	disadvantage	NOUN
faba-239	311	4	is	be	AUX
faba-239	311	5	that	that	SCONJ
faba-239	311	6	it	it	PRON
faba-239	311	7	is	be	AUX
faba-239	311	8	based	base	VERB
faba-239	311	9	to	to	ADP
faba-239	311	10	a	a	DET
faba-239	311	11	high	high	ADJ
faba-239	311	12	extent	extent	NOUN
faba-239	311	13	on	on	ADP
faba-239	311	14	periods	period	NOUN
faba-239	311	15	of	of	ADP
faba-239	311	16	the	the	DET
faba-239	311	17	distant	distant	ADJ
faba-239	311	18	past	past	NOUN
faba-239	311	19	,	,	PUNCT
faba-239	311	20	which	which	PRON
faba-239	311	21	are	be	AUX
faba-239	311	22	not	not	PART
faba-239	311	23	considered	consider	VERB
faba-239	311	24	indicative	indicative	ADJ
faba-239	311	25	of	of	ADP
faba-239	311	26	the	the	DET
faba-239	311	27	future	future	NOUN
faba-239	311	28	.	.	PUNCT
faba-239	312	1	with	with	ADP
faba-239	312	2	regard	regard	NOUN
faba-239	312	3	to	to	ADP
faba-239	312	4	this	this	PRON
faba-239	312	5	,	,	PUNCT
faba-239	312	6	the	the	DET
faba-239	312	7	cost	cost	NOUN
faba-239	312	8	of	of	ADP
faba-239	312	9	equity	equity	NOUN
faba-239	312	10	for	for	ADP
faba-239	312	11	aamamnt	aamamnt	NOUN
faba-239	312	12	and	and	CCONJ
faba-239	312	13	the	the	DET
faba-239	312	14	s&p	s&p	PROPN
faba-239	312	15	500	500	NUM
faba-239	312	16	for	for	ADP
faba-239	312	17	stage	stage	NOUN
faba-239	312	18	1	1	NUM
faba-239	312	19	of	of	ADP
faba-239	312	20	the	the	DET
faba-239	312	21	models	model	NOUN
faba-239	312	22	(	(	PUNCT
faba-239	312	23	for	for	ADP
faba-239	312	24	the	the	DET
faba-239	312	25	next	next	ADJ
faba-239	312	26	5	5	NUM
faba-239	312	27	years	year	NOUN
faba-239	312	28	)	)	PUNCT
faba-239	312	29	is	be	AUX
faba-239	312	30	based	base	VERB
faba-239	312	31	on	on	ADP
faba-239	312	32	the	the	DET
faba-239	312	33	average	average	NOUN
faba-239	312	34	of	of	ADP
faba-239	312	35	current	current	ADJ
faba-239	312	36	risk	risk	NOUN
faba-239	312	37	free	free	ADJ
faba-239	312	38	rates	rate	NOUN
faba-239	312	39	and	and	CCONJ
faba-239	312	40	risk	risk	NOUN
faba-239	312	41	premiums	premium	NOUN
faba-239	312	42	for	for	ADP
faba-239	312	43	the	the	DET
faba-239	312	44	period	period	NOUN
faba-239	312	45	2008	2008	NUM
faba-239	312	46	-	-	SYM
faba-239	312	47	2024	2024	NUM
faba-239	312	48	.	.	PUNCT
faba-239	313	1	for	for	ADP
faba-239	313	2	stage	stage	NOUN
faba-239	313	3	2	2	NUM
faba-239	313	4	of	of	ADP
faba-239	313	5	the	the	DET
faba-239	313	6	model	model	NOUN
faba-239	313	7	,	,	PUNCT
faba-239	313	8	where	where	SCONJ
faba-239	313	9	it	it	PRON
faba-239	313	10	is	be	AUX
faba-239	313	11	a	a	DET
faba-239	313	12	question	question	NOUN
faba-239	313	13	of	of	ADP
faba-239	313	14	a	a	DET
faba-239	313	15	period	period	NOUN
faba-239	313	16	that	that	PRON
faba-239	313	17	continues	continue	VERB
faba-239	313	18	to	to	PART
faba-239	313	19	infinity	infinity	VERB
faba-239	313	20	,	,	PUNCT
faba-239	313	21	the	the	DET
faba-239	313	22	geometric	geometric	ADJ
faba-239	313	23	historical	historical	ADJ
faba-239	313	24	average	average	NOUN
faba-239	313	25	is	be	AUX
faba-239	313	26	taken	take	VERB
faba-239	313	27	as	as	ADP
faba-239	313	28	the	the	DET
faba-239	313	29	most	most	ADV
faba-239	313	30	appropriate	appropriate	ADJ
faba-239	313	31	.	.	PUNCT
faba-239	314	1	table	table	NOUN
faba-239	314	2	10	10	NUM
faba-239	314	3	shows	show	VERB
faba-239	314	4	the	the	DET
faba-239	314	5	estimation	estimation	NOUN
faba-239	314	6	of	of	ADP
faba-239	314	7	the	the	DET
faba-239	314	8	cost	cost	NOUN
faba-239	314	9	of	of	ADP
faba-239	314	10	equity	equity	NOUN
faba-239	314	11	by	by	ADP
faba-239	314	12	companies	company	NOUN
faba-239	314	13	for	for	ADP
faba-239	314	14	the	the	DET
faba-239	314	15	first	first	ADJ
faba-239	314	16	stage	stage	NOUN
faba-239	314	17	of	of	ADP
faba-239	314	18	the	the	DET
faba-239	314	19	fundamental	fundamental	ADJ
faba-239	314	20	model	model	NOUN
faba-239	314	21	.	.	PUNCT
faba-239	315	1	the	the	DET
faba-239	315	2	capital	capital	NOUN
faba-239	315	3	asset	asset	NOUN
faba-239	315	4	pricing	pricing	NOUN
faba-239	315	5	model	model	NOUN
faba-239	315	6	(	(	PUNCT
faba-239	315	7	capm	capm	PROPN
faba-239	315	8	)	)	PUNCT
faba-239	315	9	is	be	AUX
faba-239	315	10	applied	apply	VERB
faba-239	315	11	,	,	PUNCT
faba-239	315	12	based	base	VERB
faba-239	315	13	on	on	ADP
faba-239	315	14	the	the	DET
faba-239	315	15	average	average	NOUN
faba-239	315	16	of	of	ADP
faba-239	315	17	monthly	monthly	ADJ
faba-239	315	18	current	current	ADJ
faba-239	315	19	risk	risk	NOUN
faba-239	315	20	free	free	ADJ
faba-239	315	21	rates	rate	NOUN
faba-239	315	22	of	of	ADP
faba-239	315	23	2.51	2.51	NUM
faba-239	315	24	%	%	NOUN
faba-239	315	25	,	,	PUNCT
faba-239	315	26	and	and	CCONJ
faba-239	315	27	of	of	ADP
faba-239	315	28	monthly	monthly	ADJ
faba-239	315	29	current	current	ADJ
faba-239	315	30	risk	risk	NOUN
faba-239	315	31	premiums	premium	NOUN
faba-239	315	32	of	of	ADP
faba-239	315	33	5.43	5.43	NUM
faba-239	315	34	%	%	NOUN
faba-239	315	35	for	for	ADP
faba-239	315	36	the	the	DET
faba-239	315	37	period	period	NOUN
faba-239	315	38	2008	2008	NUM
faba-239	315	39	-	-	SYM
faba-239	315	40	2024	2024	NUM
faba-239	315	41	.	.	PUNCT
faba-239	316	1	the	the	DET
faba-239	316	2	average	average	NOUN
faba-239	316	3	for	for	ADP
faba-239	316	4	the	the	DET
faba-239	316	5	current	current	ADJ
faba-239	316	6	cost	cost	NOUN
faba-239	316	7	of	of	ADP
faba-239	316	8	equity	equity	NOUN
faba-239	316	9	for	for	ADP
faba-239	316	10	s&p	s&p	PROPN
faba-239	316	11	500	500	NUM
faba-239	316	12	respectively	respectively	ADV
faba-239	316	13	adds	add	VERB
faba-239	316	14	up	up	ADP
faba-239	316	15	to	to	PART
faba-239	316	16	7.94	7.94	NUM
faba-239	316	17	%	%	NOUN
faba-239	316	18	.	.	PUNCT
faba-239	317	1	the	the	DET
faba-239	317	2	table	table	NOUN
faba-239	317	3	contains	contain	VERB
faba-239	317	4	also	also	ADV
faba-239	317	5	the	the	DET
faba-239	317	6	beta	beta	ADJ
faba-239	317	7	coefficients	coefficient	NOUN
faba-239	317	8	of	of	ADP
faba-239	317	9	each	each	PRON
faba-239	317	10	of	of	ADP
faba-239	317	11	the	the	DET
faba-239	317	12	seven	seven	NUM
faba-239	317	13	companies	company	NOUN
faba-239	317	14	,	,	PUNCT
faba-239	317	15	which	which	PRON
faba-239	317	16	range	range	VERB
faba-239	317	17	from	from	ADP
faba-239	317	18	0.90	0.90	NUM
faba-239	317	19	for	for	ADP
faba-239	317	20	microsoft	microsoft	PROPN
faba-239	317	21	to	to	ADP
faba-239	317	22	2.29	2.29	NUM
faba-239	317	23	for	for	ADP
faba-239	317	24	tesla	tesla	PROPN
faba-239	317	25	.	.	PUNCT
faba-239	318	1	the	the	DET
faba-239	318	2	estimated	estimate	VERB
faba-239	318	3	cost	cost	NOUN
faba-239	318	4	of	of	ADP
faba-239	318	5	equity	equity	NOUN
faba-239	318	6	varies	vary	VERB
faba-239	318	7	significantly	significantly	ADV
faba-239	318	8	because	because	SCONJ
faba-239	318	9	of	of	ADP
faba-239	318	10	the	the	DET
faba-239	318	11	varying	vary	VERB
faba-239	318	12	betas	beta	NOUN
faba-239	318	13	.	.	PUNCT
faba-239	319	1	microsoft	microsoft	PROPN
faba-239	319	2	has	have	VERB
faba-239	319	3	the	the	DET
faba-239	319	4	lowest	low	ADJ
faba-239	319	5	cost	cost	NOUN
faba-239	319	6	of	of	ADP
faba-239	319	7	equity	equity	NOUN
faba-239	319	8	(	(	PUNCT
faba-239	319	9	7.40	7.40	NUM
faba-239	319	10	%	%	NOUN
faba-239	319	11	)	)	PUNCT
faba-239	319	12	,	,	PUNCT
faba-239	319	13	followed	follow	VERB
faba-239	319	14	by	by	ADP
faba-239	319	15	alphabet	alphabet	PROPN
faba-239	319	16	(	(	PUNCT
faba-239	319	17	8.16	8.16	NUM
faba-239	319	18	%	%	NOUN
faba-239	319	19	)	)	PUNCT
faba-239	319	20	and	and	CCONJ
faba-239	319	21	amazon	amazon	NOUN
faba-239	319	22	(	(	PUNCT
faba-239	319	23	8.75	8.75	NUM
faba-239	319	24	%	%	NOUN
faba-239	319	25	)	)	PUNCT
faba-239	319	26	,	,	PUNCT
faba-239	319	27	because	because	SCONJ
faba-239	319	28	of	of	ADP
faba-239	319	29	their	their	PRON
faba-239	319	30	relatively	relatively	ADV
faba-239	319	31	low	low	ADJ
faba-239	319	32	betas	beta	NOUN
faba-239	319	33	.	.	PUNCT
faba-239	320	1	tesla	tesla	PROPN
faba-239	320	2	has	have	VERB
faba-239	320	3	the	the	DET
faba-239	320	4	highest	high	ADJ
faba-239	320	5	cost	cost	NOUN
faba-239	320	6	of	of	ADP
faba-239	320	7	equity	equity	NOUN
faba-239	320	8	of	of	ADP
faba-239	320	9	14.94	14.94	NUM
faba-239	320	10	%	%	NOUN
faba-239	320	11	,	,	PUNCT
faba-239	320	12	followed	follow	VERB
faba-239	320	13	by	by	ADP
faba-239	320	14	nvidia	nvidia	PROPN
faba-239	320	15	with	with	ADP
faba-239	320	16	11.58	11.58	NUM
faba-239	320	17	%	%	NOUN
faba-239	320	18	table	table	NOUN
faba-239	320	19	10	10	NUM
faba-239	320	20	.	.	PUNCT
faba-239	321	1	cost	cost	NOUN
faba-239	321	2	of	of	ADP
faba-239	321	3	equity	equity	NOUN
faba-239	321	4	for	for	ADP
faba-239	321	5	aamamnt	aamamnt	NOUN
faba-239	321	6	and	and	CCONJ
faba-239	321	7	the	the	DET
faba-239	321	8	s&p	s&p	PROPN
faba-239	321	9	500	500	NUM
faba-239	321	10	for	for	ADP
faba-239	321	11	2024	2024	NUM
faba-239	321	12	–	–	PUNCT
faba-239	321	13	stage	stage	NOUN
faba-239	321	14	1	1	NUM
faba-239	321	15	stage	stage	NOUN
faba-239	321	16	1	1	NUM
faba-239	321	17	company	company	NOUN
faba-239	321	18	rf1	rf1	VERB
faba-239	321	19	beta	beta	NOUN
faba-239	321	20	(	(	PUNCT
faba-239	321	21	rm	rm	PROPN
faba-239	321	22	rf)1	rf)1	PROPN
faba-239	321	23	re1	re1	PROPN
faba-239	321	24	apple	apple	PROPN
faba-239	321	25	2.51	2.51	NUM
faba-239	321	26	%	%	NOUN
faba-239	321	27	1.24	1.24	NUM
faba-239	321	28	5.43	5.43	NUM
faba-239	321	29	%	%	NOUN
faba-239	321	30	9.24	9.24	NUM
faba-239	321	31	%	%	NOUN
faba-239	321	32	amazon	amazon	NOUN
faba-239	321	33	2.51	2.51	NUM
faba-239	321	34	%	%	NOUN
faba-239	321	35	1.15	1.15	NUM
faba-239	321	36	5.43	5.43	NUM
faba-239	321	37	%	%	NOUN
faba-239	321	38	8.75	8.75	NUM
faba-239	321	39	%	%	NOUN
faba-239	321	40	microsoft	microsoft	PROPN
faba-239	321	41	2.51	2.51	NUM
faba-239	321	42	%	%	NOUN
faba-239	321	43	0.90	0.90	NUM
faba-239	321	44	5.43	5.43	NUM
faba-239	321	45	%	%	NOUN
faba-239	321	46	7.40	7.40	NUM
faba-239	321	47	%	%	NOUN
faba-239	321	48	alphabet	alphabet	PROPN
faba-239	321	49	/	/	SYM
faba-239	321	50	google	google	PROPN
faba-239	321	51	2.51	2.51	NUM
faba-239	321	52	%	%	NOUN
faba-239	321	53	1.04	1.04	NUM
faba-239	321	54	5.43	5.43	NUM
faba-239	321	55	%	%	NOUN
faba-239	321	56	8.16	8.16	NUM
faba-239	321	57	%	%	NOUN
faba-239	321	58	meta	meta	PROPN
faba-239	321	59	platforms	platform	NOUN
faba-239	321	60	2.51	2.51	NUM
faba-239	321	61	%	%	NOUN
faba-239	321	62	1.21	1.21	NUM
faba-239	321	63	5.43	5.43	NUM
faba-239	321	64	%	%	NOUN
faba-239	321	65	9.08	9.08	NUM
faba-239	321	66	%	%	NOUN
faba-239	321	67	nvidia	nvidia	PROPN
faba-239	321	68	2.51	2.51	NUM
faba-239	321	69	%	%	NOUN
faba-239	321	70	1.67	1.67	NUM
faba-239	321	71	5.43	5.43	NUM
faba-239	321	72	%	%	NOUN
faba-239	321	73	11.58	11.58	NUM
faba-239	321	74	%	%	NOUN
faba-239	321	75	tesla	tesla	PROPN
faba-239	321	76	2.51	2.51	NUM
faba-239	321	77	%	%	NOUN
faba-239	321	78	2.29	2.29	NUM
faba-239	321	79	5.43	5.43	NUM
faba-239	321	80	%	%	NOUN
faba-239	321	81	14.94	14.94	NUM
faba-239	321	82	%	%	NOUN
faba-239	321	83	s&p	s&p	PROPN
faba-239	321	84	500	500	NUM
faba-239	321	85	2.51	2.51	NUM
faba-239	321	86	%	%	NOUN
faba-239	321	87	1.00	1.00	NUM
faba-239	321	88	5.43	5.43	NUM
faba-239	321	89	%	%	NOUN
faba-239	321	90	7.94	7.94	NUM
faba-239	321	91	%	%	NOUN
faba-239	321	92	source	source	NOUN
faba-239	321	93	:	:	PUNCT
faba-239	321	94	calculations	calculation	NOUN
faba-239	321	95	of	of	ADP
faba-239	321	96	the	the	DET
faba-239	321	97	author	author	NOUN
faba-239	321	98	,	,	PUNCT
faba-239	321	99	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	VERB
faba-239	321	100	the	the	DET
faba-239	321	101	cost	cost	NOUN
faba-239	321	102	of	of	ADP
faba-239	321	103	equity	equity	NOUN
faba-239	321	104	for	for	ADP
faba-239	321	105	stage	stage	NOUN
faba-239	321	106	2	2	NUM
faba-239	321	107	of	of	ADP
faba-239	321	108	the	the	DET
faba-239	321	109	model	model	NOUN
faba-239	321	110	(	(	PUNCT
faba-239	321	111	table	table	NOUN
faba-239	321	112	11	11	NUM
faba-239	321	113	)	)	PUNCT
faba-239	321	114	is	be	AUX
faba-239	321	115	based	base	VERB
faba-239	321	116	on	on	ADP
faba-239	321	117	the	the	DET
faba-239	321	118	geometric	geometric	ADJ
faba-239	321	119	historical	historical	ADJ
faba-239	321	120	average	average	NOUN
faba-239	321	121	for	for	ADP
faba-239	321	122	the	the	DET
faba-239	321	123	longest	long	ADJ
faba-239	321	124	period	period	NOUN
faba-239	321	125	1928	1928	NUM
faba-239	321	126	-	-	SYM
faba-239	321	127	2023	2023	NUM
faba-239	321	128	.	.	PUNCT
faba-239	322	1	the	the	DET
faba-239	322	2	main	main	ADJ
faba-239	322	3	argument	argument	NOUN
faba-239	322	4	for	for	ADP
faba-239	322	5	this	this	PRON
faba-239	322	6	is	be	AUX
faba-239	322	7	that	that	SCONJ
faba-239	322	8	the	the	DET
faba-239	322	9	historical	historical	ADJ
faba-239	322	10	average	average	NOUN
faba-239	322	11	is	be	AUX
faba-239	322	12	normally	normally	ADV
faba-239	322	13	a	a	DET
faba-239	322	14	more	more	ADV
faba-239	322	15	sustainable	sustainable	ADJ
faba-239	322	16	number	number	NOUN
faba-239	322	17	than	than	ADP
faba-239	322	18	the	the	DET
faba-239	322	19	current	current	ADJ
faba-239	322	20	cost	cost	NOUN
faba-239	322	21	of	of	ADP
faba-239	322	22	equity	equity	NOUN
faba-239	322	23	.	.	PUNCT
faba-239	323	1	this	this	PRON
faba-239	323	2	makes	make	VERB
faba-239	323	3	it	it	PRON
faba-239	323	4	more	more	ADV
faba-239	323	5	appropriate	appropriate	ADJ
faba-239	323	6	to	to	PART
faba-239	323	7	use	use	VERB
faba-239	323	8	for	for	ADP
faba-239	323	9	a	a	DET
faba-239	323	10	long	long	ADJ
faba-239	323	11	future	future	ADJ
faba-239	323	12	period	period	NOUN
faba-239	323	13	,	,	PUNCT
faba-239	323	14	which	which	PRON
faba-239	323	15	is	be	AUX
faba-239	323	16	supposed	suppose	VERB
faba-239	323	17	to	to	PART
faba-239	323	18	continue	continue	VERB
faba-239	323	19	until	until	ADP
faba-239	323	20	infinity	infinity	NOUN
faba-239	323	21	.	.	PUNCT
faba-239	324	1	the	the	DET
faba-239	324	2	geometric	geometric	ADJ
faba-239	324	3	average	average	NOUN
faba-239	324	4	is	be	AUX
faba-239	324	5	preferred	prefer	VERB
faba-239	324	6	as	as	ADP
faba-239	324	7	the	the	DET
faba-239	324	8	more	more	ADJ
faba-239	324	9	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	324	10	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	324	11	dimiter	dimiter	NOUN
faba-239	324	12	nenkov	nenkov	NOUN
faba-239	324	13	/	/	SYM
faba-239	324	14	finance	finance	NOUN
faba-239	324	15	,	,	PUNCT
faba-239	324	16	accounting	accounting	NOUN
faba-239	324	17	and	and	CCONJ
faba-239	324	18	business	business	NOUN
faba-239	324	19	analysis	analysis	NOUN
faba-239	324	20	,	,	PUNCT
faba-239	324	21	volume	volume	NOUN
faba-239	324	22	6	6	NUM
faba-239	324	23	,	,	PUNCT
faba-239	324	24	issue	issue	NOUN
faba-239	324	25	2	2	NUM
faba-239	324	26	,	,	PUNCT
faba-239	324	27	2024	2024	NUM
faba-239	324	28	192	192	NUM
faba-239	324	29	representative	representative	NOUN
faba-239	324	30	before	before	ADP
faba-239	324	31	the	the	DET
faba-239	324	32	arithmetic	arithmetic	ADJ
faba-239	324	33	average	average	NOUN
faba-239	324	34	.	.	PUNCT
faba-239	325	1	the	the	DET
faba-239	325	2	long	long	ADJ
faba-239	325	3	-	-	PUNCT
faba-239	325	4	term	term	NOUN
faba-239	325	5	geometric	geometric	ADJ
faba-239	325	6	average	average	ADJ
faba-239	325	7	risk	risk	NOUN
faba-239	325	8	free	free	ADJ
faba-239	325	9	rate	rate	NOUN
faba-239	325	10	is	be	AUX
faba-239	325	11	4.57	4.57	NUM
faba-239	325	12	%	%	NOUN
faba-239	325	13	and	and	CCONJ
faba-239	325	14	the	the	DET
faba-239	325	15	long	long	ADJ
faba-239	325	16	-	-	PUNCT
faba-239	325	17	term	term	NOUN
faba-239	325	18	geometric	geometric	ADJ
faba-239	325	19	average	average	ADJ
faba-239	325	20	risk	risk	NOUN
faba-239	325	21	premium	premium	NOUN
faba-239	325	22	is	be	AUX
faba-239	325	23	5.23	5.23	NUM
faba-239	325	24	%	%	NOUN
faba-239	325	25	.	.	PUNCT
faba-239	326	1	the	the	DET
faba-239	326	2	cost	cost	NOUN
faba-239	326	3	of	of	ADP
faba-239	326	4	equity	equity	NOUN
faba-239	326	5	for	for	ADP
faba-239	326	6	the	the	DET
faba-239	326	7	s&p	s&p	PROPN
faba-239	326	8	500	500	NUM
faba-239	326	9	adds	add	VERB
faba-239	326	10	up	up	ADP
faba-239	326	11	to	to	PART
faba-239	326	12	9.80	9.80	NUM
faba-239	326	13	%	%	NOUN
faba-239	326	14	,	,	PUNCT
faba-239	326	15	higher	high	ADJ
faba-239	326	16	than	than	ADP
faba-239	326	17	the	the	DET
faba-239	326	18	cost	cost	NOUN
faba-239	326	19	of	of	ADP
faba-239	326	20	equity	equity	NOUN
faba-239	326	21	used	use	VERB
faba-239	326	22	for	for	ADP
faba-239	326	23	stage	stage	NOUN
faba-239	326	24	1	1	NUM
faba-239	326	25	.	.	PUNCT
faba-239	326	26	respectively	respectively	ADV
faba-239	326	27	,	,	PUNCT
faba-239	326	28	the	the	DET
faba-239	326	29	long	long	ADJ
faba-239	326	30	-	-	PUNCT
faba-239	326	31	term	term	NOUN
faba-239	326	32	cost	cost	NOUN
faba-239	326	33	of	of	ADP
faba-239	326	34	equity	equity	NOUN
faba-239	326	35	by	by	ADP
faba-239	326	36	companies	company	NOUN
faba-239	326	37	for	for	ADP
faba-239	326	38	stage	stage	NOUN
faba-239	326	39	2	2	NUM
faba-239	326	40	is	be	AUX
faba-239	326	41	also	also	ADV
faba-239	326	42	higher	high	ADJ
faba-239	326	43	than	than	ADP
faba-239	326	44	that	that	PRON
faba-239	326	45	for	for	ADP
faba-239	326	46	stage	stage	NOUN
faba-239	326	47	1	1	NUM
faba-239	326	48	.	.	PUNCT
faba-239	326	49	table	table	NOUN
faba-239	326	50	11	11	NUM
faba-239	326	51	.	.	PUNCT
faba-239	327	1	cost	cost	NOUN
faba-239	327	2	of	of	ADP
faba-239	327	3	equity	equity	NOUN
faba-239	327	4	for	for	ADP
faba-239	327	5	aamamnt	aamamnt	NOUN
faba-239	327	6	and	and	CCONJ
faba-239	327	7	the	the	DET
faba-239	327	8	s&p	s&p	PROPN
faba-239	327	9	500	500	NUM
faba-239	327	10	for	for	ADP
faba-239	327	11	2024	2024	NUM
faba-239	327	12	–	–	PUNCT
faba-239	327	13	stage	stage	NOUN
faba-239	327	14	2	2	NUM
faba-239	327	15	stage	stage	NOUN
faba-239	327	16	2	2	NUM
faba-239	327	17	company	company	NOUN
faba-239	327	18	rf2	rf2	VERB
faba-239	327	19	beta	beta	NOUN
faba-239	327	20	(	(	PUNCT
faba-239	327	21	rm	rm	PROPN
faba-239	327	22	rf)1	rf)1	PROPN
faba-239	327	23	re2	re2	PROPN
faba-239	327	24	apple	apple	PROPN
faba-239	327	25	4.57	4.57	NUM
faba-239	327	26	%	%	NOUN
faba-239	327	27	1.24	1.24	NUM
faba-239	327	28	5.23	5.23	NUM
faba-239	327	29	%	%	NOUN
faba-239	327	30	11.06	11.06	NUM
faba-239	327	31	%	%	NOUN
faba-239	327	32	amazon	amazon	NOUN
faba-239	327	33	4.57	4.57	NUM
faba-239	327	34	%	%	NOUN
faba-239	327	35	1.15	1.15	NUM
faba-239	327	36	5.23	5.23	NUM
faba-239	327	37	%	%	NOUN
faba-239	327	38	10.58	10.58	NUM
faba-239	327	39	%	%	NOUN
faba-239	327	40	microsoft	microsoft	PROPN
faba-239	327	41	4.57	4.57	NUM
faba-239	327	42	%	%	NOUN
faba-239	327	43	0.9	0.9	NUM
faba-239	327	44	5.23	5.23	NUM
faba-239	327	45	%	%	NOUN
faba-239	327	46	9.28	9.28	NUM
faba-239	327	47	%	%	NOUN
faba-239	327	48	alphabet	alphabet	PROPN
faba-239	327	49	/	/	SYM
faba-239	327	50	google	google	PROPN
faba-239	327	51	4.57	4.57	NUM
faba-239	327	52	%	%	NOUN
faba-239	327	53	1.04	1.04	NUM
faba-239	327	54	5.23	5.23	NUM
faba-239	327	55	%	%	NOUN
faba-239	327	56	10.01	10.01	NUM
faba-239	327	57	%	%	NOUN
faba-239	327	58	meta	meta	NOUN
faba-239	327	59	platforms	platform	NOUN
faba-239	327	60	4.57	4.57	NUM
faba-239	327	61	%	%	NOUN
faba-239	327	62	1.21	1.21	NUM
faba-239	327	63	5.23	5.23	NUM
faba-239	327	64	%	%	NOUN
faba-239	327	65	10.90	10.90	NUM
faba-239	327	66	%	%	NOUN
faba-239	327	67	nvidia	nvidia	PROPN
faba-239	327	68	4.57	4.57	NUM
faba-239	327	69	%	%	NOUN
faba-239	327	70	1.67	1.67	NUM
faba-239	327	71	5.23	5.23	NUM
faba-239	327	72	%	%	NOUN
faba-239	327	73	13.30	13.30	NUM
faba-239	327	74	%	%	NOUN
faba-239	327	75	tesla	tesla	NOUN
faba-239	327	76	4.57	4.57	NUM
faba-239	327	77	%	%	NOUN
faba-239	327	78	2.29	2.29	NUM
faba-239	327	79	5.23	5.23	NUM
faba-239	327	80	%	%	NOUN
faba-239	327	81	16.55	16.55	NUM
faba-239	327	82	%	%	NOUN
faba-239	327	83	s&p	s&p	PROPN
faba-239	327	84	500	500	NUM
faba-239	327	85	4.57	4.57	NUM
faba-239	327	86	%	%	NOUN
faba-239	327	87	1.00	1.00	NUM
faba-239	327	88	5.23	5.23	NUM
faba-239	327	89	%	%	NOUN
faba-239	327	90	9.80	9.80	NUM
faba-239	327	91	%	%	NOUN
faba-239	327	92	source	source	NOUN
faba-239	327	93	:	:	PUNCT
faba-239	327	94	calculations	calculation	NOUN
faba-239	327	95	of	of	ADP
faba-239	327	96	the	the	DET
faba-239	327	97	author	author	NOUN
faba-239	327	98	,	,	PUNCT
faba-239	327	99	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	327	100	table	table	NOUN
faba-239	327	101	12	12	NUM
faba-239	327	102	contains	contain	VERB
faba-239	327	103	the	the	DET
faba-239	327	104	input	input	NOUN
faba-239	327	105	variables	variable	NOUN
faba-239	327	106	for	for	ADP
faba-239	327	107	the	the	DET
faba-239	327	108	two	two	NUM
faba-239	327	109	fundamental	fundamental	ADJ
faba-239	327	110	models	model	NOUN
faba-239	327	111	and	and	CCONJ
faba-239	327	112	the	the	DET
faba-239	327	113	results	result	NOUN
faba-239	327	114	of	of	ADP
faba-239	327	115	applying	apply	VERB
faba-239	327	116	the	the	DET
faba-239	327	117	models	model	NOUN
faba-239	327	118	–	–	PUNCT
faba-239	327	119	the	the	DET
faba-239	327	120	fundamental	fundamental	ADJ
faba-239	327	121	pe	pe	NOUN
faba-239	327	122	and	and	CCONJ
faba-239	327	123	pbv	pbv	VERB
faba-239	327	124	ratios	ratio	NOUN
faba-239	327	125	for	for	ADP
faba-239	327	126	each	each	PRON
faba-239	327	127	of	of	ADP
faba-239	327	128	the	the	DET
faba-239	327	129	seven	seven	NUM
faba-239	327	130	companies	company	NOUN
faba-239	327	131	and	and	CCONJ
faba-239	327	132	for	for	ADP
faba-239	327	133	the	the	DET
faba-239	327	134	s&p	s&p	PROPN
faba-239	327	135	500	500	NUM
faba-239	327	136	.	.	PUNCT
faba-239	328	1	the	the	DET
faba-239	328	2	input	input	NOUN
faba-239	328	3	variables	variable	NOUN
faba-239	328	4	that	that	PRON
faba-239	328	5	have	have	AUX
faba-239	328	6	not	not	PART
faba-239	328	7	yet	yet	ADV
faba-239	328	8	been	be	AUX
faba-239	328	9	discussed	discuss	VERB
faba-239	328	10	,	,	PUNCT
faba-239	328	11	are	be	AUX
faba-239	328	12	the	the	DET
faba-239	328	13	stage	stage	NOUN
faba-239	328	14	2	2	NUM
faba-239	328	15	growth	growth	NOUN
faba-239	328	16	rate	rate	NOUN
faba-239	328	17	(	(	PUNCT
faba-239	328	18	g2	g2	PROPN
faba-239	328	19	)	)	PUNCT
faba-239	328	20	,	,	PUNCT
faba-239	328	21	return	return	VERB
faba-239	328	22	on	on	ADP
faba-239	328	23	equity	equity	NOUN
faba-239	328	24	(	(	PUNCT
faba-239	328	25	roe2	roe2	PROPN
faba-239	328	26	)	)	PUNCT
faba-239	328	27	and	and	CCONJ
faba-239	328	28	plowback	plowback	NOUN
faba-239	328	29	ratio	ratio	NOUN
faba-239	328	30	(	(	PUNCT
faba-239	328	31	plowback	plowback	NOUN
faba-239	328	32	ratio	ratio	NOUN
faba-239	328	33	2	2	NUM
faba-239	328	34	)	)	PUNCT
faba-239	328	35	.	.	PUNCT
faba-239	329	1	they	they	PRON
faba-239	329	2	are	be	AUX
faba-239	329	3	interrelated	interrelate	VERB
faba-239	329	4	in	in	ADP
faba-239	329	5	the	the	DET
faba-239	329	6	context	context	NOUN
faba-239	329	7	of	of	ADP
faba-239	329	8	the	the	DET
faba-239	329	9	internal	internal	ADJ
faba-239	329	10	growth	growth	NOUN
faba-239	329	11	rate	rate	NOUN
faba-239	329	12	formula	formula	NOUN
faba-239	329	13	.	.	PUNCT
faba-239	330	1	the	the	DET
faba-239	330	2	growth	growth	NOUN
faba-239	330	3	rate	rate	NOUN
faba-239	330	4	of	of	ADP
faba-239	330	5	4.57	4.57	NUM
faba-239	330	6	%	%	NOUN
faba-239	330	7	is	be	AUX
faba-239	330	8	fixed	fix	VERB
faba-239	330	9	in	in	ADP
faba-239	330	10	this	this	DET
faba-239	330	11	case	case	NOUN
faba-239	330	12	,	,	PUNCT
faba-239	330	13	on	on	ADP
faba-239	330	14	the	the	DET
faba-239	330	15	basis	basis	NOUN
faba-239	330	16	of	of	ADP
faba-239	330	17	the	the	DET
faba-239	330	18	long	long	ADJ
faba-239	330	19	-	-	PUNCT
faba-239	330	20	term	term	NOUN
faba-239	330	21	risk	risk	NOUN
faba-239	330	22	-	-	PUNCT
faba-239	330	23	free	free	ADJ
faba-239	330	24	rate	rate	NOUN
faba-239	330	25	.	.	PUNCT
faba-239	331	1	ideally	ideally	ADV
faba-239	331	2	,	,	PUNCT
faba-239	331	3	the	the	DET
faba-239	331	4	so	so	ADV
faba-239	331	5	called	call	VERB
faba-239	331	6	intrinsic	intrinsic	ADJ
faba-239	331	7	risk	risk	NOUN
faba-239	331	8	-	-	PUNCT
faba-239	331	9	free	free	ADJ
faba-239	331	10	rate	rate	NOUN
faba-239	331	11	is	be	AUX
faba-239	331	12	supposed	suppose	VERB
faba-239	331	13	to	to	PART
faba-239	331	14	represent	represent	VERB
faba-239	331	15	the	the	DET
faba-239	331	16	sum	sum	NOUN
faba-239	331	17	of	of	ADP
faba-239	331	18	the	the	DET
faba-239	331	19	expected	expect	VERB
faba-239	331	20	long	long	ADJ
faba-239	331	21	-	-	PUNCT
faba-239	331	22	term	term	NOUN
faba-239	331	23	average	average	ADJ
faba-239	331	24	gdp	gdp	NOUN
faba-239	331	25	growth	growth	NOUN
faba-239	331	26	rate	rate	NOUN
faba-239	331	27	and	and	CCONJ
faba-239	331	28	the	the	DET
faba-239	331	29	expected	expect	VERB
faba-239	331	30	long	long	ADJ
faba-239	331	31	-	-	PUNCT
faba-239	331	32	term	term	NOUN
faba-239	331	33	average	average	ADJ
faba-239	331	34	inflation	inflation	NOUN
faba-239	331	35	rate	rate	NOUN
faba-239	331	36	.	.	PUNCT
faba-239	332	1	the	the	DET
faba-239	332	2	foreseen	foreseen	ADJ
faba-239	332	3	plowback	plowback	NOUN
faba-239	332	4	ratio	ratio	NOUN
faba-239	332	5	is	be	AUX
faba-239	332	6	0.3	0.3	NUM
faba-239	332	7	and	and	CCONJ
faba-239	332	8	the	the	DET
faba-239	332	9	resulting	result	VERB
faba-239	332	10	roe	roe	NOUN
faba-239	332	11	is	be	AUX
faba-239	332	12	15.23	15.23	NUM
faba-239	332	13	%	%	NOUN
faba-239	332	14	.	.	PUNCT
faba-239	333	1	having	have	VERB
faba-239	333	2	in	in	ADP
faba-239	333	3	mind	mind	NOUN
faba-239	333	4	that	that	SCONJ
faba-239	333	5	these	these	DET
faba-239	333	6	forecasted	forecast	VERB
faba-239	333	7	values	value	NOUN
faba-239	333	8	are	be	AUX
faba-239	333	9	until	until	ADP
faba-239	333	10	infinity	infinity	NOUN
faba-239	333	11	,	,	PUNCT
faba-239	333	12	they	they	PRON
faba-239	333	13	are	be	AUX
faba-239	333	14	supposed	suppose	VERB
faba-239	333	15	to	to	PART
faba-239	333	16	be	be	AUX
faba-239	333	17	more	more	ADV
faba-239	333	18	conservative	conservative	ADJ
faba-239	333	19	.	.	PUNCT
faba-239	334	1	yet	yet	ADV
faba-239	334	2	,	,	PUNCT
faba-239	334	3	in	in	ADP
faba-239	334	4	our	our	PRON
faba-239	334	5	case	case	NOUN
faba-239	334	6	they	they	PRON
faba-239	334	7	are	be	AUX
faba-239	334	8	not	not	PART
faba-239	334	9	so	so	ADV
faba-239	334	10	conservative	conservative	ADJ
faba-239	334	11	,	,	PUNCT
faba-239	334	12	with	with	ADP
faba-239	334	13	a	a	DET
faba-239	334	14	growth	growth	NOUN
faba-239	334	15	rate	rate	NOUN
faba-239	334	16	of	of	ADP
faba-239	334	17	4.57	4.57	NUM
faba-239	334	18	%	%	NOUN
faba-239	334	19	,	,	PUNCT
faba-239	334	20	and	and	CCONJ
faba-239	334	21	roe	roe	NOUN
faba-239	334	22	of	of	ADP
faba-239	334	23	15.23	15.23	NUM
faba-239	334	24	%	%	NOUN
faba-239	334	25	,	,	PUNCT
faba-239	334	26	which	which	PRON
faba-239	334	27	is	be	AUX
faba-239	334	28	quite	quite	ADV
faba-239	334	29	above	above	ADP
faba-239	334	30	the	the	DET
faba-239	334	31	foreseen	foreseen	ADJ
faba-239	334	32	cost	cost	NOUN
faba-239	334	33	of	of	ADP
faba-239	334	34	equity	equity	NOUN
faba-239	334	35	for	for	ADP
faba-239	334	36	all	all	DET
faba-239	334	37	companies	company	NOUN
faba-239	334	38	,	,	PUNCT
faba-239	334	39	except	except	SCONJ
faba-239	334	40	tesla	tesla	PROPN
faba-239	334	41	.	.	PUNCT
faba-239	335	1	table	table	NOUN
faba-239	335	2	12	12	NUM
faba-239	335	3	.	.	PUNCT
faba-239	336	1	input	input	NOUN
faba-239	336	2	variables	variable	NOUN
faba-239	336	3	for	for	ADP
faba-239	336	4	the	the	DET
faba-239	336	5	fundamental	fundamental	ADJ
faba-239	336	6	models	model	NOUN
faba-239	336	7	,	,	PUNCT
faba-239	336	8	fundamental	fundamental	ADJ
faba-239	336	9	pes	pe	NOUN
faba-239	336	10	and	and	CCONJ
faba-239	336	11	pbvs	pbvs	NOUN
faba-239	336	12	for	for	ADP
faba-239	336	13	aamamnt	aamamnt	NOUN
faba-239	336	14	and	and	CCONJ
faba-239	336	15	s&p	s&p	PROPN
faba-239	336	16	500	500	NUM
faba-239	336	17	company	company	NOUN
faba-239	336	18	re1	re1	PROPN
faba-239	336	19	plowback	plowback	PROPN
faba-239	336	20	ratio	ratio	NOUN
faba-239	336	21	1	1	NUM
faba-239	336	22	roe1	roe1	PROPN
faba-239	336	23	g1	g1	PROPN
faba-239	336	24	pe	pe	AUX
faba-239	336	25	pbv	pbv	VERB
faba-239	336	26	apple	apple	NOUN
faba-239	336	27	9.24	9.24	NUM
faba-239	336	28	%	%	NOUN
faba-239	336	29	0.2000	0.2000	NUM
faba-239	336	30	71.75	71.75	NUM
faba-239	336	31	%	%	NOUN
faba-239	336	32	14.35	14.35	NUM
faba-239	336	33	%	%	NOUN
faba-239	336	34	18.77	18.77	NUM
faba-239	336	35	5.46	5.46	NUM
faba-239	336	36	amazon	amazon	NOUN
faba-239	336	37	8.75	8.75	NUM
faba-239	336	38	%	%	NOUN
faba-239	336	39	0.9362	0.9362	NUM
faba-239	336	40	13.87	13.87	NUM
faba-239	336	41	%	%	NOUN
faba-239	336	42	12.99	12.99	NUM
faba-239	336	43	%	%	NOUN
faba-239	336	44	15.10	15.10	NUM
faba-239	336	45	2.29	2.29	NUM
faba-239	336	46	microsoft	microsoft	PROPN
faba-239	336	47	7.40	7.40	NUM
faba-239	336	48	%	%	NOUN
faba-239	336	49	0.4450	0.4450	NUM
faba-239	336	50	34.22	34.22	NUM
faba-239	336	51	%	%	NOUN
faba-239	336	52	15.23	15.23	NUM
faba-239	336	53	%	%	NOUN
faba-239	336	54	25.53	25.53	NUM
faba-239	336	55	4.54	4.54	NUM
faba-239	336	56	alphabet	alphabet	NOUN
faba-239	336	57	/	/	SYM
faba-239	336	58	google	google	PROPN
faba-239	336	59	8.16	8.16	NUM
faba-239	336	60	%	%	NOUN
faba-239	336	61	0.1961	0.1961	NUM
faba-239	336	62	19.36	19.36	NUM
faba-239	336	63	%	%	NOUN
faba-239	336	64	3.80	3.80	NUM
faba-239	336	65	%	%	NOUN
faba-239	336	66	14.51	14.51	NUM
faba-239	336	67	2.36	2.36	NUM
faba-239	336	68	meta	meta	NOUN
faba-239	336	69	platforms	platform	NOUN
faba-239	336	70	9.08	9.08	NUM
faba-239	336	71	%	%	NOUN
faba-239	336	72	0.2625	0.2625	NUM
faba-239	336	73	19.91	19.91	NUM
faba-239	336	74	%	%	NOUN
faba-239	336	75	5.23	5.23	NUM
faba-239	336	76	%	%	NOUN
faba-239	336	77	12.97	12.97	NUM
faba-239	336	78	2.13	2.13	NUM
faba-239	336	79	nvidia	nvidia	PROPN
faba-239	336	80	11.58	11.58	NUM
faba-239	336	81	%	%	NOUN
faba-239	336	82	0.2240	0.2240	NUM
faba-239	336	83	32.80	32.80	NUM
faba-239	336	84	%	%	NOUN
faba-239	336	85	7.35	7.35	NUM
faba-239	336	86	%	%	NOUN
faba-239	336	87	10.37	10.37	NUM
faba-239	336	88	2.19	2.19	NUM
faba-239	336	89	tesla	tesla	PROPN
faba-239	336	90	14.94	14.94	NUM
faba-239	336	91	%	%	NOUN
faba-239	336	92	1.0000	1.0000	NUM
faba-239	336	93	19.89	19.89	NUM
faba-239	336	94	%	%	NOUN
faba-239	336	95	19.89	19.89	NUM
faba-239	336	96	%	%	NOUN
faba-239	336	97	7.54	7.54	NUM
faba-239	336	98	1.15	1.15	NUM
faba-239	336	99	s&p	s&p	PROPN
faba-239	336	100	500	500	NUM
faba-239	336	101	7.94	7.94	NUM
faba-239	336	102	%	%	NOUN
faba-239	336	103	0.18	0.18	NUM
faba-239	336	104	18.25	18.25	NUM
faba-239	336	105	%	%	NOUN
faba-239	336	106	3.31	3.31	NUM
faba-239	336	107	%	%	NOUN
faba-239	336	108	14.83	14.83	NUM
faba-239	336	109	2.37	2.37	NUM
faba-239	336	110	stage	stage	NOUN
faba-239	336	111	2	2	NUM
faba-239	336	112	company	company	NOUN
faba-239	336	113	re2	re2	PROPN
faba-239	336	114	plowback	plowback	PROPN
faba-239	336	115	ratio	ratio	PROPN
faba-239	336	116	2	2	NUM
faba-239	336	117	roe2	roe2	PROPN
faba-239	336	118	g2	g2	PROPN
faba-239	336	119	apple	apple	PROPN
faba-239	336	120	11.06	11.06	NUM
faba-239	336	121	%	%	NOUN
faba-239	336	122	0.3	0.3	NUM
faba-239	336	123	15.23	15.23	NUM
faba-239	336	124	%	%	NOUN
faba-239	336	125	4.57	4.57	NUM
faba-239	336	126	%	%	NOUN
faba-239	336	127	amazon	amazon	NOUN
faba-239	336	128	10.58	10.58	NUM
faba-239	336	129	%	%	NOUN
faba-239	336	130	0.3	0.3	NUM
faba-239	336	131	15.23	15.23	NUM
faba-239	336	132	%	%	NOUN
faba-239	336	133	4.57	4.57	NUM
faba-239	336	134	%	%	NOUN
faba-239	336	135	microsoft	microsoft	PROPN
faba-239	336	136	9.28	9.28	NUM
faba-239	336	137	%	%	NOUN
faba-239	336	138	0.3	0.3	NUM
faba-239	336	139	15.23	15.23	NUM
faba-239	336	140	%	%	NOUN
faba-239	336	141	4.57	4.57	NUM
faba-239	336	142	%	%	NOUN
faba-239	336	143	alphabet	alphabet	PROPN
faba-239	336	144	/	/	SYM
faba-239	336	145	google	google	PROPN
faba-239	336	146	10.01	10.01	NUM
faba-239	336	147	%	%	NOUN
faba-239	336	148	0.3	0.3	NUM
faba-239	336	149	15.23	15.23	NUM
faba-239	336	150	%	%	NOUN
faba-239	336	151	4.57	4.57	NUM
faba-239	336	152	%	%	NOUN
faba-239	336	153	meta	meta	PROPN
faba-239	336	154	platforms	platform	NOUN
faba-239	336	155	10.90	10.90	NUM
faba-239	336	156	%	%	NOUN
faba-239	336	157	0.3	0.3	NUM
faba-239	336	158	15.23	15.23	NUM
faba-239	336	159	%	%	NOUN
faba-239	336	160	4.57	4.57	NUM
faba-239	336	161	%	%	NOUN
faba-239	336	162	nvidia	nvidia	PROPN
faba-239	336	163	13.30	13.30	NUM
faba-239	336	164	%	%	NOUN
faba-239	336	165	0.3	0.3	NUM
faba-239	336	166	15.23	15.23	NUM
faba-239	336	167	%	%	NOUN
faba-239	336	168	4.57	4.57	NUM
faba-239	336	169	%	%	NOUN
faba-239	336	170	tesla	tesla	PROPN
faba-239	336	171	16.55	16.55	NUM
faba-239	336	172	%	%	NOUN
faba-239	336	173	0.3	0.3	NUM
faba-239	336	174	15.23	15.23	NUM
faba-239	336	175	%	%	NOUN
faba-239	336	176	4.57	4.57	NUM
faba-239	336	177	%	%	NOUN
faba-239	336	178	s&p	s&p	PROPN
faba-239	336	179	500	500	NUM
faba-239	336	180	9.80	9.80	NUM
faba-239	336	181	%	%	NOUN
faba-239	336	182	0.3	0.3	NUM
faba-239	336	183	15.23	15.23	NUM
faba-239	336	184	%	%	NOUN
faba-239	336	185	4.57	4.57	NUM
faba-239	336	186	%	%	NOUN
faba-239	336	187	source	source	NOUN
faba-239	336	188	:	:	PUNCT
faba-239	336	189	calculations	calculation	NOUN
faba-239	336	190	of	of	ADP
faba-239	336	191	the	the	DET
faba-239	336	192	author	author	NOUN
faba-239	336	193	,	,	PUNCT
faba-239	336	194	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	336	195	,	,	PUNCT
faba-239	336	196	https://ycharts.com/companies/	https://ycharts.com/companies/	PROPN
faba-239	336	197	...	...	PUNCT
faba-239	336	198	,	,	PUNCT
faba-239	336	199	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	336	200	…	…	PUNCT
faba-239	336	201	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	PROPN
faba-239	336	202	https://pages.stern.nyu.edu/~adamodar/	https://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	336	203	https://ycharts.com/companies/	https://ycharts.com/companies/	PROPN
faba-239	336	204	https://www.macrotrends.net/stocks/charts/	https://www.macrotrends.net/stocks/charts/	PROPN
faba-239	336	205	dimiter	dimiter	NOUN
faba-239	336	206	nenkov	nenkov	NOUN
faba-239	336	207	/	/	SYM
faba-239	336	208	finance	finance	NOUN
faba-239	336	209	,	,	PUNCT
faba-239	336	210	accounting	accounting	NOUN
faba-239	336	211	and	and	CCONJ
faba-239	336	212	business	business	NOUN
faba-239	336	213	analysis	analysis	NOUN
faba-239	336	214	,	,	PUNCT
faba-239	336	215	volume	volume	NOUN
faba-239	336	216	6	6	NUM
faba-239	336	217	,	,	PUNCT
faba-239	336	218	issue	issue	NOUN
faba-239	336	219	2	2	NUM
faba-239	336	220	,	,	PUNCT
faba-239	336	221	2024	2024	NUM
faba-239	336	222	193	193	NUM
faba-239	336	223	the	the	DET
faba-239	336	224	obtained	obtain	VERB
faba-239	336	225	fundamental	fundamental	ADJ
faba-239	336	226	pe	pe	NOUN
faba-239	336	227	and	and	CCONJ
faba-239	336	228	pbv	pbv	VERB
faba-239	336	229	ratios	ratio	NOUN
faba-239	336	230	are	be	AUX
faba-239	336	231	significantly	significantly	ADV
faba-239	336	232	lower	low	ADJ
faba-239	336	233	than	than	ADP
faba-239	336	234	the	the	DET
faba-239	336	235	discussed	discuss	VERB
faba-239	336	236	in	in	ADP
faba-239	336	237	section	section	NOUN
faba-239	336	238	“	"	PUNCT
faba-239	336	239	analysis	analysis	NOUN
faba-239	336	240	of	of	ADP
faba-239	336	241	key	key	ADJ
faba-239	336	242	financial	financial	ADJ
faba-239	336	243	indicators	indicator	NOUN
faba-239	336	244	of	of	ADP
faba-239	336	245	the	the	DET
faba-239	336	246	“	"	PUNCT
faba-239	336	247	the	the	DET
faba-239	336	248	magnificent	magnificent	ADJ
faba-239	336	249	seven	seven	NUM
faba-239	336	250	”	"	PUNCT
faba-239	336	251	and	and	CCONJ
faba-239	336	252	the	the	DET
faba-239	336	253	s&p	s&p	PROPN
faba-239	336	254	500	500	NUM
faba-239	336	255	during	during	ADP
faba-239	336	256	the	the	DET
faba-239	336	257	period	period	NOUN
faba-239	336	258	2009	2009	NUM
faba-239	336	259	-	-	SYM
faba-239	336	260	2024	2024	NUM
faba-239	336	261	”	"	PUNCT
faba-239	336	262	actual	actual	ADJ
faba-239	336	263	pes	pe	NOUN
faba-239	336	264	and	and	CCONJ
faba-239	336	265	pbvs	pbvs	NOUN
faba-239	336	266	.	.	PUNCT
faba-239	337	1	the	the	DET
faba-239	337	2	highest	high	ADJ
faba-239	337	3	fundamental	fundamental	ADJ
faba-239	337	4	pe	pe	X
faba-239	337	5	is	be	AUX
faba-239	337	6	for	for	ADP
faba-239	337	7	microsoft	microsoft	PROPN
faba-239	337	8	–	–	PUNCT
faba-239	337	9	it	it	PRON
faba-239	337	10	is	be	AUX
faba-239	337	11	25.53	25.53	NUM
faba-239	337	12	,	,	PUNCT
faba-239	337	13	followed	follow	VERB
faba-239	337	14	by	by	ADP
faba-239	337	15	apple	apple	NOUN
faba-239	337	16	with	with	ADP
faba-239	337	17	18.77	18.77	NUM
faba-239	337	18	.	.	PUNCT
faba-239	338	1	the	the	DET
faba-239	338	2	lowest	low	ADJ
faba-239	338	3	fundamental	fundamental	ADJ
faba-239	338	4	pes	pe	NOUN
faba-239	338	5	are	be	AUX
faba-239	338	6	of	of	ADP
faba-239	338	7	tesla	tesla	PROPN
faba-239	338	8	–	–	PUNCT
faba-239	338	9	7.54	7.54	NUM
faba-239	338	10	,	,	PUNCT
faba-239	338	11	and	and	CCONJ
faba-239	338	12	nvidia	nvidia	PROPN
faba-239	338	13	–	–	PUNCT
faba-239	338	14	10.37	10.37	NUM
faba-239	338	15	.	.	PUNCT
faba-239	339	1	the	the	DET
faba-239	339	2	s&p	s&p	PROPN
faba-239	339	3	500	500	NUM
faba-239	339	4	fundamental	fundamental	ADJ
faba-239	339	5	pe	pe	X
faba-239	339	6	is	be	AUX
faba-239	339	7	14.53	14.53	NUM
faba-239	339	8	,	,	PUNCT
faba-239	339	9	practically	practically	ADV
faba-239	339	10	at	at	ADP
faba-239	339	11	the	the	DET
faba-239	339	12	historical	historical	ADJ
faba-239	339	13	average	average	ADJ
faba-239	339	14	level	level	NOUN
faba-239	339	15	.	.	PUNCT
faba-239	340	1	most	most	ADJ
faba-239	340	2	company	company	NOUN
faba-239	340	3	pes	pe	NOUN
faba-239	340	4	are	be	AUX
faba-239	340	5	also	also	ADV
faba-239	340	6	quite	quite	ADV
faba-239	340	7	close	close	ADJ
faba-239	340	8	to	to	ADP
faba-239	340	9	the	the	DET
faba-239	340	10	historical	historical	ADJ
faba-239	340	11	average	average	NOUN
faba-239	340	12	of	of	ADP
faba-239	340	13	about	about	ADV
faba-239	340	14	15	15	NUM
faba-239	340	15	to	to	PART
faba-239	340	16	17	17	NUM
faba-239	340	17	.	.	PUNCT
faba-239	341	1	with	with	ADP
faba-239	341	2	regard	regard	NOUN
faba-239	341	3	to	to	PART
faba-239	341	4	pbv	pbv	VERB
faba-239	341	5	ratios	ratio	NOUN
faba-239	341	6	,	,	PUNCT
faba-239	341	7	the	the	DET
faba-239	341	8	difference	difference	NOUN
faba-239	341	9	between	between	ADP
faba-239	341	10	their	their	PRON
faba-239	341	11	actual	actual	ADJ
faba-239	341	12	and	and	CCONJ
faba-239	341	13	fundamental	fundamental	ADJ
faba-239	341	14	levels	level	NOUN
faba-239	341	15	is	be	AUX
faba-239	341	16	huge	huge	ADJ
faba-239	341	17	.	.	PUNCT
faba-239	342	1	the	the	DET
faba-239	342	2	highest	high	ADJ
faba-239	342	3	fundamental	fundamental	ADJ
faba-239	342	4	pbv	pbv	ADJ
faba-239	342	5	ratio	ratio	NOUN
faba-239	342	6	is	be	AUX
faba-239	342	7	that	that	PRON
faba-239	342	8	of	of	ADP
faba-239	342	9	apple	apple	NOUN
faba-239	342	10	–	–	PUNCT
faba-239	342	11	5.46	5.46	NUM
faba-239	342	12	,	,	PUNCT
faba-239	342	13	followed	follow	VERB
faba-239	342	14	by	by	ADP
faba-239	342	15	microsoft	microsoft	PROPN
faba-239	342	16	–	–	PUNCT
faba-239	342	17	4.54	4.54	NUM
faba-239	342	18	.	.	PUNCT
faba-239	343	1	the	the	DET
faba-239	343	2	lowest	low	ADJ
faba-239	343	3	pbv	pbv	ADJ
faba-239	343	4	ratio	ratio	NOUN
faba-239	343	5	is	be	AUX
faba-239	343	6	that	that	PRON
faba-239	343	7	of	of	ADP
faba-239	343	8	tesla	tesla	PROPN
faba-239	343	9	–	–	PUNCT
faba-239	343	10	1.15	1.15	NUM
faba-239	343	11	,	,	PUNCT
faba-239	343	12	followed	follow	VERB
faba-239	343	13	by	by	ADP
faba-239	343	14	meta	meta	ADJ
faba-239	343	15	platforms	platform	NOUN
faba-239	343	16	with	with	ADP
faba-239	343	17	2.13	2.13	NUM
faba-239	343	18	and	and	CCONJ
faba-239	343	19	nvidia	nvidia	NOUN
faba-239	343	20	with	with	ADP
faba-239	343	21	2.19	2.19	NUM
faba-239	343	22	.	.	PUNCT
faba-239	344	1	the	the	DET
faba-239	344	2	low	low	ADJ
faba-239	344	3	fundamental	fundamental	ADJ
faba-239	344	4	ratios	ratio	NOUN
faba-239	344	5	for	for	ADP
faba-239	344	6	tesla	tesla	PROPN
faba-239	344	7	are	be	AUX
faba-239	344	8	due	due	ADJ
faba-239	344	9	mainly	mainly	ADV
faba-239	344	10	to	to	ADP
faba-239	344	11	the	the	DET
faba-239	344	12	high	high	ADJ
faba-239	344	13	cost	cost	NOUN
faba-239	344	14	of	of	ADP
faba-239	344	15	equity	equity	NOUN
faba-239	344	16	,	,	PUNCT
faba-239	344	17	which	which	PRON
faba-239	344	18	has	have	VERB
faba-239	344	19	the	the	DET
faba-239	344	20	levels	level	NOUN
faba-239	344	21	for	for	ADP
faba-239	344	22	companies	company	NOUN
faba-239	344	23	on	on	ADP
faba-239	344	24	emerging	emerge	VERB
faba-239	344	25	markets	market	NOUN
faba-239	344	26	,	,	PUNCT
faba-239	344	27	with	with	ADP
faba-239	344	28	country	country	NOUN
faba-239	344	29	risk	risk	NOUN
faba-239	344	30	premiums	premium	NOUN
faba-239	344	31	and	and	CCONJ
faba-239	344	32	other	other	ADJ
faba-239	344	33	additional	additional	ADJ
faba-239	344	34	premiums	premium	NOUN
faba-239	344	35	applied	apply	VERB
faba-239	344	36	.	.	PUNCT
faba-239	345	1	the	the	DET
faba-239	345	2	fundamental	fundamental	ADJ
faba-239	345	3	ratios	ratio	NOUN
faba-239	345	4	respectively	respectively	ADV
faba-239	345	5	,	,	PUNCT
faba-239	345	6	are	be	AUX
faba-239	345	7	also	also	ADV
faba-239	345	8	comparable	comparable	ADJ
faba-239	345	9	with	with	ADP
faba-239	345	10	those	those	PRON
faba-239	345	11	for	for	ADP
faba-239	345	12	companies	company	NOUN
faba-239	345	13	in	in	ADP
faba-239	345	14	emerging	emerge	VERB
faba-239	345	15	markets	market	NOUN
faba-239	345	16	.	.	PUNCT
faba-239	346	1	this	this	DET
faba-239	346	2	situation	situation	NOUN
faba-239	346	3	is	be	AUX
faba-239	346	4	quite	quite	ADV
faba-239	346	5	similar	similar	ADJ
faba-239	346	6	for	for	ADP
faba-239	346	7	nvidia	nvidia	PROPN
faba-239	346	8	as	as	ADV
faba-239	346	9	well	well	ADV
faba-239	346	10	.	.	PUNCT
faba-239	347	1	table	table	NOUN
faba-239	347	2	13	13	NUM
faba-239	347	3	.	.	PUNCT
faba-239	348	1	comparison	comparison	NOUN
faba-239	348	2	:	:	PUNCT
faba-239	348	3	actual	actual	ADJ
faba-239	348	4	vs.	vs.	X
faba-239	348	5	fundamental	fundamental	ADJ
faba-239	348	6	pe	pe	PROPN
faba-239	348	7	and	and	CCONJ
faba-239	348	8	pbv	pbv	VERB
faba-239	348	9	for	for	ADP
faba-239	348	10	aamamnt	aamamnt	NOUN
faba-239	348	11	and	and	CCONJ
faba-239	348	12	s&p	s&p	PROPN
faba-239	348	13	500	500	NUM
faba-239	348	14	actual	actual	ADJ
faba-239	348	15	ratios	ratio	NOUN
faba-239	348	16	fundamental	fundamental	ADJ
faba-239	348	17	ratios	ratio	NOUN
faba-239	348	18	difference	difference	NOUN
faba-239	348	19	difference	difference	NOUN
faba-239	348	20	in	in	ADP
faba-239	348	21	%	%	INTJ
faba-239	348	22	pe	pe	INTJ
faba-239	348	23	pbv	pbv	VERB
faba-239	348	24	pe	pe	PRON
faba-239	348	25	pbv	pbv	VERB
faba-239	348	26	pe	pe	PRON
faba-239	348	27	pbv	pbv	VERB
faba-239	348	28	pe	pe	AUX
faba-239	348	29	pbv	pbv	VERB
faba-239	348	30	company	company	NOUN
faba-239	348	31	average	average	ADJ
faba-239	348	32	20092024	20092024	NUM
faba-239	348	33	5	5	NUM
faba-239	348	34	-	-	PUNCT
faba-239	348	35	year	year	NOUN
faba-239	348	36	high	high	ADJ
faba-239	348	37	growth	growth	NOUN
faba-239	348	38	k.2	k.2	X
faba-239	348	39	-	-	PUNCT
faba-239	348	40	k.4	k.4	X
faba-239	348	41	k.3	k.3	NOUN
faba-239	348	42	-	-	PUNCT
faba-239	348	43	k.5	k.5	NOUN
faba-239	348	44	k.6	k.6	NOUN
faba-239	348	45	/	/	SYM
faba-239	348	46	k.4	k.4	X
faba-239	348	47	k.7	k.7	X
faba-239	348	48	/	/	SYM
faba-239	348	49	k.5	k.5	NOUN
faba-239	348	50	k.1	k.1	PROPN
faba-239	348	51	k.2	k.2	X
faba-239	348	52	k.3	k.3	PROPN
faba-239	348	53	k.4	k.4	X
faba-239	348	54	k.5	k.5	X
faba-239	348	55	k.6	k.6	X
faba-239	348	56	k.7	k.7	PROPN
faba-239	349	1	k.8	k.8	PROPN
faba-239	349	2	k.9	k.9	PROPN
faba-239	349	3	apple	apple	PROPN
faba-239	349	4	19.06	19.06	NUM
faba-239	349	5	16.08	16.08	NUM
faba-239	349	6	18.77	18.77	NUM
faba-239	349	7	5.46	5.46	NUM
faba-239	349	8	0.29	0.29	NUM
faba-239	349	9	10.62	10.62	NUM
faba-239	349	10	2	2	NUM
faba-239	349	11	%	%	NOUN
faba-239	349	12	194	194	NUM
faba-239	349	13	%	%	NOUN
faba-239	349	14	amazon	amazon	NOUN
faba-239	349	15	138.25	138.25	NUM
faba-239	349	16	14.04	14.04	NUM
faba-239	349	17	15.10	15.10	NUM
faba-239	349	18	2.29	2.29	NUM
faba-239	349	19	123.15	123.15	NUM
faba-239	349	20	11.75	11.75	NUM
faba-239	349	21	816	816	NUM
faba-239	349	22	%	%	NOUN
faba-239	349	23	513	513	NUM
faba-239	349	24	%	%	NOUN
faba-239	349	25	microsoft	microsoft	PROPN
faba-239	349	26	24.55	24.55	NUM
faba-239	349	27	7.39	7.39	NUM
faba-239	349	28	25.53	25.53	NUM
faba-239	349	29	4.54	4.54	NUM
faba-239	349	30	-0.98	-0.98	NUM
faba-239	349	31	2.85	2.85	NUM
faba-239	349	32	-4	-4	NUM
faba-239	349	33	%	%	NOUN
faba-239	349	34	63	63	NUM
faba-239	349	35	%	%	NOUN
faba-239	349	36	alphabet	alphabet	PROPN
faba-239	349	37	/	/	SYM
faba-239	349	38	google	google	PROPN
faba-239	349	39	27.45	27.45	NUM
faba-239	349	40	4.74	4.74	NUM
faba-239	349	41	14.51	14.51	NUM
faba-239	349	42	2.36	2.36	NUM
faba-239	349	43	12.94	12.94	NUM
faba-239	349	44	2.38	2.38	NUM
faba-239	349	45	89	89	NUM
faba-239	349	46	%	%	NOUN
faba-239	349	47	101	101	NUM
faba-239	349	48	%	%	NOUN
faba-239	349	49	meta	meta	PROPN
faba-239	349	50	platforms	platform	NOUN
faba-239	349	51	37.60	37.60	NUM
faba-239	349	52	6.12	6.12	NUM
faba-239	349	53	12.97	12.97	NUM
faba-239	349	54	2.13	2.13	NUM
faba-239	349	55	24.63	24.63	NUM
faba-239	349	56	3.99	3.99	NUM
faba-239	349	57	190	190	NUM
faba-239	349	58	%	%	NOUN
faba-239	349	59	187	187	NUM
faba-239	349	60	%	%	NOUN
faba-239	349	61	nvidia	nvidia	PROPN
faba-239	349	62	42.61	42.61	NUM
faba-239	349	63	13.90	13.90	NUM
faba-239	349	64	10.37	10.37	NUM
faba-239	349	65	2.19	2.19	NUM
faba-239	349	66	32.24	32.24	NUM
faba-239	349	67	11.71	11.71	NUM
faba-239	349	68	311	311	NUM
faba-239	349	69	%	%	NOUN
faba-239	349	70	535	535	NUM
faba-239	349	71	%	%	NOUN
faba-239	349	72	tesla	tesla	PROPN
faba-239	349	73	99.61	99.61	NUM
faba-239	349	74	18.41	18.41	NUM
faba-239	349	75	7.54	7.54	NUM
faba-239	349	76	1.15	1.15	NUM
faba-239	349	77	92.07	92.07	NUM
faba-239	349	78	17.26	17.26	NUM
faba-239	349	79	1221	1221	NUM
faba-239	349	80	%	%	NOUN
faba-239	349	81	1501	1501	NUM
faba-239	349	82	%	%	NOUN
faba-239	349	83	mean	mean	NOUN
faba-239	349	84	55.59	55.59	NUM
faba-239	349	85	11.53	11.53	NUM
faba-239	349	86	14.97	14.97	NUM
faba-239	349	87	2.87	2.87	NUM
faba-239	349	88	40.62	40.62	NUM
faba-239	349	89	8.65	8.65	NUM
faba-239	349	90	271	271	NUM
faba-239	349	91	%	%	NOUN
faba-239	349	92	301	301	NUM
faba-239	349	93	%	%	NOUN
faba-239	349	94	weighted	weight	VERB
faba-239	349	95	average	average	ADJ
faba-239	349	96	45.53	45.53	NUM
faba-239	349	97	11.44	11.44	NUM
faba-239	349	98	16.67	16.67	NUM
faba-239	349	99	3.42	3.42	NUM
faba-239	349	100	28.86	28.86	NUM
faba-239	349	101	8.02	8.02	NUM
faba-239	349	102	173	173	NUM
faba-239	349	103	%	%	NOUN
faba-239	349	104	235	235	NUM
faba-239	349	105	%	%	NOUN
faba-239	349	106	s&p	s&p	PROPN
faba-239	349	107	500	500	NUM
faba-239	349	108	25.20	25.20	NUM
faba-239	349	109	3.19	3.19	NUM
faba-239	349	110	14.83	14.83	NUM
faba-239	349	111	2.37	2.37	NUM
faba-239	349	112	10.37	10.37	NUM
faba-239	349	113	0.82	0.82	NUM
faba-239	349	114	70	70	NUM
faba-239	349	115	%	%	NOUN
faba-239	349	116	34	34	NUM
faba-239	349	117	%	%	NOUN
faba-239	349	118	source	source	NOUN
faba-239	349	119	:	:	PUNCT
faba-239	349	120	calculations	calculation	NOUN
faba-239	349	121	of	of	ADP
faba-239	349	122	the	the	DET
faba-239	349	123	author	author	NOUN
faba-239	349	124	once	once	SCONJ
faba-239	349	125	we	we	PRON
faba-239	349	126	have	have	VERB
faba-239	349	127	the	the	DET
faba-239	349	128	fundamental	fundamental	ADJ
faba-239	349	129	pe	pe	NOUN
faba-239	349	130	and	and	CCONJ
faba-239	349	131	pbv	pbv	VERB
faba-239	349	132	ratios	ratio	NOUN
faba-239	349	133	,	,	PUNCT
faba-239	349	134	we	we	PRON
faba-239	349	135	can	can	AUX
faba-239	349	136	compare	compare	VERB
faba-239	349	137	the	the	DET
faba-239	349	138	actual	actual	ADJ
faba-239	349	139	pes	pe	NOUN
faba-239	349	140	and	and	CCONJ
faba-239	349	141	pbvs	pbv	VERB
faba-239	349	142	with	with	ADP
faba-239	349	143	them	they	PRON
faba-239	349	144	.	.	PUNCT
faba-239	350	1	this	this	PRON
faba-239	350	2	can	can	AUX
faba-239	350	3	be	be	AUX
faba-239	350	4	seen	see	VERB
faba-239	350	5	in	in	ADP
faba-239	350	6	table	table	NOUN
faba-239	350	7	13	13	NUM
faba-239	350	8	.	.	PUNCT
faba-239	351	1	the	the	DET
faba-239	351	2	actual	actual	ADJ
faba-239	351	3	and	and	CCONJ
faba-239	351	4	fundamental	fundamental	ADJ
faba-239	351	5	pe	pe	PROPN
faba-239	351	6	ratios	ratio	NOUN
faba-239	351	7	match	match	VERB
faba-239	351	8	pretty	pretty	ADV
faba-239	351	9	well	well	ADV
faba-239	351	10	for	for	ADP
faba-239	351	11	two	two	NUM
faba-239	351	12	companies	company	NOUN
faba-239	351	13	–	–	PUNCT
faba-239	351	14	apple	apple	NOUN
faba-239	351	15	(	(	PUNCT
faba-239	351	16	19.06	19.06	NUM
faba-239	351	17	vs.	vs.	X
faba-239	351	18	18.77	18.77	NUM
faba-239	351	19	)	)	PUNCT
faba-239	351	20	and	and	CCONJ
faba-239	351	21	microsoft	microsoft	PROPN
faba-239	351	22	(	(	PUNCT
faba-239	351	23	24.55	24.55	NUM
faba-239	351	24	vs.	vs.	ADP
faba-239	351	25	25.53	25.53	NUM
faba-239	351	26	)	)	PUNCT
faba-239	351	27	.	.	PUNCT
faba-239	352	1	the	the	DET
faba-239	352	2	actual	actual	ADJ
faba-239	352	3	pes	pe	NOUN
faba-239	352	4	of	of	ADP
faba-239	352	5	the	the	DET
faba-239	352	6	rest	rest	NOUN
faba-239	352	7	of	of	ADP
faba-239	352	8	the	the	DET
faba-239	352	9	companies	company	NOUN
faba-239	352	10	are	be	AUX
faba-239	352	11	a	a	DET
faba-239	352	12	lot	lot	NOUN
faba-239	352	13	higher	high	ADJ
faba-239	352	14	than	than	ADP
faba-239	352	15	the	the	DET
faba-239	352	16	respective	respective	ADJ
faba-239	352	17	fundamental	fundamental	ADJ
faba-239	352	18	pe	pe	X
faba-239	352	19	ratios	ratio	NOUN
faba-239	352	20	–	–	PUNCT
faba-239	352	21	by	by	ADP
faba-239	352	22	only	only	ADV
faba-239	352	23	89	89	NUM
faba-239	352	24	%	%	NOUN
faba-239	352	25	for	for	ADP
faba-239	352	26	alphabet	alphabet	NOUN
faba-239	352	27	,	,	PUNCT
faba-239	352	28	but	but	CCONJ
faba-239	352	29	by	by	ADP
faba-239	352	30	1221	1221	NUM
faba-239	352	31	%	%	NOUN
faba-239	352	32	for	for	ADP
faba-239	352	33	tesla	tesla	PROPN
faba-239	352	34	.	.	PUNCT
faba-239	353	1	the	the	DET
faba-239	353	2	mean	mean	PROPN
faba-239	353	3	actual	actual	ADJ
faba-239	353	4	pe	pe	INTJ
faba-239	353	5	for	for	ADP
faba-239	353	6	all	all	DET
faba-239	353	7	seven	seven	NUM
faba-239	353	8	companies	company	NOUN
faba-239	353	9	is	be	AUX
faba-239	353	10	by	by	ADP
faba-239	353	11	271	271	NUM
faba-239	353	12	%	%	NOUN
faba-239	353	13	higher	high	ADJ
faba-239	353	14	than	than	ADP
faba-239	353	15	the	the	DET
faba-239	353	16	mean	mean	ADJ
faba-239	353	17	fundamental	fundamental	ADJ
faba-239	353	18	ratio	ratio	NOUN
faba-239	353	19	and	and	CCONJ
faba-239	353	20	the	the	DET
faba-239	353	21	weighted	weight	VERB
faba-239	353	22	average	average	NOUN
faba-239	353	23	is	be	AUX
faba-239	353	24	by	by	ADP
faba-239	353	25	173	173	NUM
faba-239	353	26	%	%	NOUN
faba-239	353	27	higher	high	ADJ
faba-239	353	28	.	.	PUNCT
faba-239	354	1	for	for	ADP
faba-239	354	2	pbv	pbv	VERB
faba-239	354	3	the	the	DET
faba-239	354	4	differences	difference	NOUN
faba-239	354	5	are	be	AUX
faba-239	354	6	even	even	ADV
faba-239	354	7	bigger	big	ADJ
faba-239	354	8	.	.	PUNCT
faba-239	355	1	the	the	DET
faba-239	355	2	pbv	pbv	ADJ
faba-239	355	3	fundamental	fundamental	ADJ
faba-239	355	4	ratios	ratio	NOUN
faba-239	355	5	for	for	ADP
faba-239	355	6	all	all	DET
faba-239	355	7	seven	seven	NUM
faba-239	355	8	companies	company	NOUN
faba-239	355	9	are	be	AUX
faba-239	355	10	much	much	ADV
faba-239	355	11	higher	high	ADJ
faba-239	355	12	than	than	ADP
faba-239	355	13	their	their	PRON
faba-239	355	14	pbv	pbv	ADJ
faba-239	355	15	fundamental	fundamental	ADJ
faba-239	355	16	ratios	ratio	NOUN
faba-239	355	17	.	.	PUNCT
faba-239	356	1	the	the	DET
faba-239	356	2	least	least	ADJ
faba-239	356	3	difference	difference	NOUN
faba-239	356	4	is	be	AUX
faba-239	356	5	for	for	ADP
faba-239	356	6	microsoft	microsoft	PROPN
faba-239	356	7	–	–	PUNCT
faba-239	356	8	63	63	NUM
faba-239	356	9	%	%	NOUN
faba-239	356	10	,	,	PUNCT
faba-239	356	11	and	and	CCONJ
faba-239	356	12	the	the	DET
faba-239	356	13	highest	high	ADJ
faba-239	356	14	is	be	AUX
faba-239	356	15	for	for	ADP
faba-239	356	16	tesla	tesla	PROPN
faba-239	356	17	–	–	PUNCT
faba-239	356	18	1501	1501	NUM
faba-239	356	19	%	%	NOUN
faba-239	356	20	.	.	PUNCT
faba-239	357	1	the	the	DET
faba-239	357	2	mean	mean	ADJ
faba-239	357	3	actual	actual	ADJ
faba-239	357	4	pbv	pbv	ADJ
faba-239	357	5	ratio	ratio	NOUN
faba-239	357	6	for	for	ADP
faba-239	357	7	the	the	DET
faba-239	357	8	seven	seven	NUM
faba-239	357	9	companies	company	NOUN
faba-239	357	10	is	be	AUX
faba-239	357	11	by	by	ADP
faba-239	357	12	301	301	NUM
faba-239	357	13	%	%	NOUN
faba-239	357	14	higher	high	ADJ
faba-239	357	15	than	than	ADP
faba-239	357	16	the	the	DET
faba-239	357	17	mean	mean	ADJ
faba-239	357	18	fundamental	fundamental	ADJ
faba-239	357	19	pbv	pbv	ADJ
faba-239	357	20	ratio	ratio	NOUN
faba-239	357	21	,	,	PUNCT
faba-239	357	22	and	and	CCONJ
faba-239	357	23	the	the	DET
faba-239	357	24	weighted	weight	VERB
faba-239	357	25	average	average	NOUN
faba-239	357	26	is	be	AUX
faba-239	357	27	by	by	ADP
faba-239	357	28	235	235	NUM
faba-239	357	29	%	%	NOUN
faba-239	357	30	higher	high	ADJ
faba-239	357	31	.	.	PUNCT
faba-239	358	1	conclusion	conclusion	VERB
faba-239	358	2	the	the	DET
faba-239	358	3	results	result	NOUN
faba-239	358	4	of	of	ADP
faba-239	358	5	the	the	DET
faba-239	358	6	analysis	analysis	NOUN
faba-239	358	7	,	,	PUNCT
faba-239	358	8	based	base	VERB
faba-239	358	9	on	on	ADP
faba-239	358	10	the	the	DET
faba-239	358	11	main	main	ADJ
faba-239	358	12	financial	financial	ADJ
faba-239	358	13	indicators	indicator	NOUN
faba-239	358	14	,	,	PUNCT
faba-239	358	15	related	relate	VERB
faba-239	358	16	to	to	ADP
faba-239	358	17	the	the	DET
faba-239	358	18	stock	stock	NOUN
faba-239	358	19	-	-	PUNCT
faba-239	358	20	price	price	NOUN
faba-239	358	21	levels	level	NOUN
faba-239	358	22	of	of	ADP
faba-239	358	23	the	the	DET
faba-239	358	24	s&p	s&p	PROPN
faba-239	358	25	500	500	NUM
faba-239	358	26	and	and	CCONJ
faba-239	358	27	of	of	ADP
faba-239	358	28	“	"	PUNCT
faba-239	358	29	the	the	DET
faba-239	358	30	magnificent	magnificent	ADJ
faba-239	358	31	seven	seven	NUM
faba-239	358	32	”	"	PUNCT
faba-239	358	33	,	,	PUNCT
faba-239	358	34	confirm	confirm	VERB
faba-239	358	35	both	both	DET
faba-239	358	36	aspects	aspect	NOUN
faba-239	358	37	of	of	ADP
faba-239	358	38	the	the	DET
faba-239	358	39	main	main	ADJ
faba-239	358	40	hypothesis	hypothesis	NOUN
faba-239	358	41	:	:	PUNCT
faba-239	359	1	1	1	X
faba-239	359	2	.	.	X
faba-239	359	3	the	the	DET
faba-239	359	4	7	7	NUM
faba-239	359	5	large	large	ADJ
faba-239	359	6	technology	technology	NOUN
faba-239	359	7	companies	company	NOUN
faba-239	359	8	(	(	PUNCT
faba-239	359	9	aamamnt	aamamnt	NOUN
faba-239	359	10	)	)	PUNCT
faba-239	359	11	have	have	VERB
faba-239	359	12	indeed	indeed	ADV
faba-239	359	13	a	a	DET
faba-239	359	14	very	very	ADV
faba-239	359	15	large	large	ADJ
faba-239	359	16	impact	impact	NOUN
faba-239	359	17	on	on	ADP
faba-239	359	18	the	the	DET
faba-239	359	19	overall	overall	ADJ
faba-239	359	20	performance	performance	NOUN
faba-239	359	21	of	of	ADP
faba-239	359	22	the	the	DET
faba-239	359	23	s&p	s&p	PROPN
faba-239	359	24	500	500	NUM
faba-239	359	25	,	,	PUNCT
faba-239	359	26	and	and	CCONJ
faba-239	359	27	the	the	DET
faba-239	359	28	high	high	ADJ
faba-239	359	29	prices	price	NOUN
faba-239	359	30	of	of	ADP
faba-239	359	31	their	their	PRON
faba-239	359	32	shares	share	NOUN
faba-239	359	33	are	be	AUX
faba-239	359	34	the	the	DET
faba-239	359	35	most	most	ADV
faba-239	359	36	important	important	ADJ
faba-239	359	37	factor	factor	NOUN
faba-239	359	38	for	for	ADP
faba-239	359	39	the	the	DET
faba-239	359	40	record	record	NOUN
faba-239	359	41	-	-	PUNCT
faba-239	359	42	high	high	ADJ
faba-239	359	43	recent	recent	ADJ
faba-239	359	44	levels	level	NOUN
faba-239	359	45	of	of	ADP
faba-239	359	46	the	the	DET
faba-239	359	47	index	index	NOUN
faba-239	359	48	.	.	PUNCT
faba-239	360	1	the	the	DET
faba-239	360	2	study	study	NOUN
faba-239	360	3	proves	prove	VERB
faba-239	360	4	that	that	SCONJ
faba-239	360	5	the	the	DET
faba-239	360	6	s&p	s&p	PROPN
faba-239	360	7	500	500	NUM
faba-239	360	8	without	without	ADP
faba-239	360	9	these	these	DET
faba-239	360	10	7	7	NUM
faba-239	360	11	stocks	stock	NOUN
faba-239	360	12	,	,	PUNCT
faba-239	360	13	would	would	AUX
faba-239	360	14	have	have	VERB
faba-239	360	15	a	a	DET
faba-239	360	16	lot	lot	NOUN
faba-239	360	17	more	more	ADV
faba-239	360	18	modest	modest	ADJ
faba-239	360	19	financial	financial	ADJ
faba-239	360	20	indicators	indicator	NOUN
faba-239	360	21	,	,	PUNCT
faba-239	360	22	such	such	ADJ
faba-239	360	23	as	as	ADP
faba-239	360	24	eps	eps	PROPN
faba-239	360	25	growth	growth	NOUN
faba-239	360	26	,	,	PUNCT
faba-239	360	27	roe	roe	NOUN
faba-239	360	28	,	,	PUNCT
faba-239	360	29	pe	pe	PROPN
faba-239	360	30	and	and	CCONJ
faba-239	360	31	pbv	pbv	VERB
faba-239	360	32	.	.	PUNCT
faba-239	361	1	2	2	X
faba-239	361	2	.	.	PUNCT
faba-239	361	3	the	the	DET
faba-239	361	4	study	study	NOUN
faba-239	361	5	indicates	indicate	VERB
faba-239	361	6	that	that	SCONJ
faba-239	361	7	eps	ep	NOUN
faba-239	361	8	growth	growth	NOUN
faba-239	361	9	rates	rate	NOUN
faba-239	361	10	of	of	ADP
faba-239	361	11	the	the	DET
faba-239	361	12	aamamnt	aamamnt	NOUN
faba-239	361	13	companies	company	NOUN
faba-239	361	14	as	as	ADP
faba-239	361	15	a	a	DET
faba-239	361	16	whole	whole	NOUN
faba-239	361	17	for	for	ADP
faba-239	361	18	the	the	DET
faba-239	361	19	period	period	NOUN
faba-239	361	20	2009	2009	NUM
faba-239	361	21	-	-	SYM
faba-239	361	22	2024	2024	NUM
faba-239	361	23	are	be	AUX
faba-239	361	24	slightly	slightly	ADV
faba-239	361	25	lower	low	ADJ
faba-239	361	26	than	than	ADP
faba-239	361	27	their	their	PRON
faba-239	361	28	price	price	NOUN
faba-239	361	29	growth	growth	NOUN
faba-239	361	30	rates	rate	NOUN
faba-239	361	31	for	for	ADP
faba-239	361	32	the	the	DET
faba-239	361	33	same	same	ADJ
faba-239	361	34	period	period	NOUN
faba-239	361	35	.	.	PUNCT
faba-239	362	1	3	3	X
faba-239	362	2	.	.	X
faba-239	362	3	the	the	DET
faba-239	362	4	study	study	NOUN
faba-239	362	5	based	base	VERB
faba-239	362	6	on	on	ADP
faba-239	362	7	pe	pe	PRON
faba-239	362	8	and	and	CCONJ
faba-239	362	9	pbv	pbv	VERB
faba-239	362	10	ratios	ratio	NOUN
faba-239	362	11	for	for	ADP
faba-239	362	12	the	the	DET
faba-239	362	13	7	7	NUM
faba-239	362	14	companies	company	NOUN
faba-239	362	15	indicates	indicate	VERB
faba-239	362	16	that	that	SCONJ
faba-239	362	17	their	their	PRON
faba-239	362	18	average	average	ADJ
faba-239	362	19	levels	level	NOUN
faba-239	362	20	for	for	ADP
faba-239	362	21	the	the	DET
faba-239	362	22	period	period	NOUN
faba-239	362	23	2009	2009	NUM
faba-239	362	24	-	-	SYM
faba-239	362	25	2024	2024	NUM
faba-239	362	26	are	be	AUX
faba-239	362	27	more	more	ADJ
faba-239	362	28	than	than	ADP
faba-239	362	29	2	2	NUM
faba-239	362	30	times	time	NOUN
faba-239	362	31	higher	high	ADJ
faba-239	362	32	for	for	ADP
faba-239	362	33	pe	pe	NOUN
faba-239	362	34	,	,	PUNCT
faba-239	362	35	and	and	CCONJ
faba-239	362	36	more	more	ADJ
faba-239	362	37	than	than	ADP
faba-239	362	38	3	3	NUM
faba-239	362	39	times	time	NOUN
faba-239	362	40	higher	high	ADJ
faba-239	362	41	for	for	ADP
faba-239	362	42	pbv	pbv	ADJ
faba-239	362	43	,	,	PUNCT
faba-239	362	44	than	than	ADP
faba-239	362	45	their	their	PRON
faba-239	362	46	average	average	ADJ
faba-239	362	47	historical	historical	ADJ
faba-239	362	48	pes	pe	NOUN
faba-239	362	49	and	and	CCONJ
faba-239	362	50	pbvs	pbvs	NOUN
faba-239	362	51	of	of	ADP
faba-239	362	52	the	the	DET
faba-239	362	53	market	market	NOUN
faba-239	362	54	as	as	ADP
faba-239	362	55	a	a	DET
faba-239	362	56	whole	whole	NOUN
faba-239	362	57	.	.	PUNCT
faba-239	363	1	also	also	ADV
faba-239	363	2	,	,	PUNCT
faba-239	363	3	current	current	ADJ
faba-239	363	4	pe	pe	X
faba-239	363	5	and	and	CCONJ
faba-239	363	6	pbv	pbv	VERB
faba-239	363	7	dimiter	dimiter	NOUN
faba-239	363	8	nenkov	nenkov	NOUN
faba-239	363	9	/	/	SYM
faba-239	363	10	finance	finance	NOUN
faba-239	363	11	,	,	PUNCT
faba-239	363	12	accounting	accounting	NOUN
faba-239	363	13	and	and	CCONJ
faba-239	363	14	business	business	NOUN
faba-239	363	15	analysis	analysis	NOUN
faba-239	363	16	,	,	PUNCT
faba-239	363	17	volume	volume	NOUN
faba-239	363	18	6	6	NUM
faba-239	363	19	,	,	PUNCT
faba-239	363	20	issue	issue	NOUN
faba-239	363	21	2	2	NUM
faba-239	363	22	,	,	PUNCT
faba-239	363	23	2024	2024	NUM
faba-239	363	24	194	194	NUM
faba-239	363	25	levels	level	NOUN
faba-239	363	26	as	as	ADP
faba-239	363	27	of	of	ADP
faba-239	363	28	september	september	PROPN
faba-239	363	29	6	6	NUM
faba-239	363	30	,	,	PUNCT
faba-239	363	31	2024	2024	NUM
faba-239	363	32	,	,	PUNCT
faba-239	363	33	are	be	AUX
faba-239	363	34	respectively	respectively	ADV
faba-239	363	35	2.5	2.5	NUM
faba-239	363	36	times	time	NOUN
faba-239	363	37	and	and	CCONJ
faba-239	363	38	5	5	NUM
faba-239	363	39	times	time	NOUN
faba-239	363	40	higher	high	ADJ
faba-239	363	41	than	than	ADP
faba-239	363	42	historic	historic	ADJ
faba-239	363	43	average	average	ADJ
faba-239	363	44	levels	level	NOUN
faba-239	363	45	.	.	PUNCT
faba-239	364	1	4	4	X
faba-239	364	2	.	.	X
faba-239	364	3	the	the	DET
faba-239	364	4	final	final	ADJ
faba-239	364	5	check	check	NOUN
faba-239	364	6	involves	involve	VERB
faba-239	364	7	fundamental	fundamental	ADJ
faba-239	364	8	pe	pe	NOUN
faba-239	364	9	and	and	CCONJ
faba-239	364	10	pbv	pbv	VERB
faba-239	364	11	for	for	ADP
faba-239	364	12	the	the	DET
faba-239	364	13	7	7	NUM
faba-239	364	14	companies	company	NOUN
faba-239	364	15	,	,	PUNCT
faba-239	364	16	based	base	VERB
faba-239	364	17	on	on	ADP
faba-239	364	18	2	2	NUM
faba-239	364	19	-	-	PUNCT
faba-239	364	20	stage	stage	NOUN
faba-239	364	21	fundamental	fundamental	ADJ
faba-239	364	22	models	model	NOUN
faba-239	364	23	.	.	PUNCT
faba-239	365	1	it	it	PRON
faba-239	365	2	definitely	definitely	ADV
faba-239	365	3	does	do	AUX
faba-239	365	4	not	not	PART
faba-239	365	5	support	support	VERB
faba-239	365	6	the	the	DET
faba-239	365	7	high	high	ADJ
faba-239	365	8	price	price	NOUN
faba-239	365	9	levels	level	NOUN
faba-239	365	10	of	of	ADP
faba-239	365	11	the	the	DET
faba-239	365	12	aamamnt	aamamnt	NOUN
faba-239	365	13	.	.	PUNCT
faba-239	366	1	the	the	DET
faba-239	366	2	derived	derive	VERB
faba-239	366	3	fundamental	fundamental	ADJ
faba-239	366	4	pe	pe	NOUN
faba-239	366	5	and	and	CCONJ
faba-239	366	6	pbv	pbv	VERB
faba-239	366	7	ratios	ratio	NOUN
faba-239	366	8	seem	seem	VERB
faba-239	366	9	to	to	PART
faba-239	366	10	be	be	AUX
faba-239	366	11	quite	quite	ADV
faba-239	366	12	in	in	ADP
faba-239	366	13	line	line	NOUN
faba-239	366	14	with	with	ADP
faba-239	366	15	historic	historic	ADJ
faba-239	366	16	average	average	ADJ
faba-239	366	17	levels	level	NOUN
faba-239	366	18	of	of	ADP
faba-239	366	19	the	the	DET
faba-239	366	20	market	market	NOUN
faba-239	366	21	,	,	PUNCT
faba-239	366	22	and	and	CCONJ
faba-239	366	23	are	be	AUX
faba-239	366	24	much	much	ADV
faba-239	366	25	lower	low	ADJ
faba-239	366	26	than	than	ADP
faba-239	366	27	the	the	DET
faba-239	366	28	actual	actual	ADJ
faba-239	366	29	average	average	NOUN
faba-239	366	30	and	and	CCONJ
faba-239	366	31	current	current	ADJ
faba-239	366	32	pe	pe	PUNCT
faba-239	366	33	and	and	CCONJ
faba-239	366	34	pbv	pbv	VERB
faba-239	366	35	for	for	ADP
faba-239	366	36	the	the	DET
faba-239	366	37	group	group	NOUN
faba-239	366	38	as	as	ADP
faba-239	366	39	a	a	DET
faba-239	366	40	whole	whole	NOUN
faba-239	366	41	.	.	PUNCT
faba-239	367	1	the	the	DET
faba-239	367	2	average	average	ADJ
faba-239	367	3	actual	actual	ADJ
faba-239	367	4	pe	pe	NOUN
faba-239	367	5	for	for	ADP
faba-239	367	6	the	the	DET
faba-239	367	7	group	group	NOUN
faba-239	367	8	is	be	AUX
faba-239	367	9	by	by	ADP
faba-239	367	10	173	173	NUM
faba-239	367	11	%	%	NOUN
faba-239	367	12	higher	high	ADJ
faba-239	367	13	than	than	ADP
faba-239	367	14	the	the	DET
faba-239	367	15	fundamental	fundamental	ADJ
faba-239	367	16	pe	pe	NOUN
faba-239	367	17	,	,	PUNCT
faba-239	367	18	and	and	CCONJ
faba-239	367	19	the	the	DET
faba-239	367	20	actual	actual	ADJ
faba-239	367	21	pbv	pbv	NOUN
faba-239	367	22	is	be	AUX
faba-239	367	23	by	by	ADP
faba-239	367	24	301	301	NUM
faba-239	367	25	%	%	NOUN
faba-239	367	26	higher	high	ADJ
faba-239	367	27	than	than	ADP
faba-239	367	28	the	the	DET
faba-239	367	29	fundamental	fundamental	ADJ
faba-239	367	30	pbv	pbv	NOUN
faba-239	367	31	.	.	PUNCT
faba-239	368	1	the	the	DET
faba-239	368	2	above	above	ADJ
faba-239	368	3	findings	finding	NOUN
faba-239	368	4	of	of	ADP
faba-239	368	5	the	the	DET
faba-239	368	6	study	study	NOUN
faba-239	368	7	are	be	AUX
faba-239	368	8	,	,	PUNCT
faba-239	368	9	of	of	ADP
faba-239	368	10	course	course	NOUN
faba-239	368	11	,	,	PUNCT
faba-239	368	12	subject	subject	ADJ
faba-239	368	13	to	to	ADP
faba-239	368	14	discussion	discussion	NOUN
faba-239	368	15	.	.	PUNCT
faba-239	369	1	this	this	PRON
faba-239	369	2	is	be	AUX
faba-239	369	3	one	one	NUM
faba-239	369	4	of	of	ADP
faba-239	369	5	the	the	DET
faba-239	369	6	ideas	idea	NOUN
faba-239	369	7	behind	behind	ADP
faba-239	369	8	starting	start	VERB
faba-239	369	9	such	such	DET
faba-239	369	10	a	a	DET
faba-239	369	11	research	research	NOUN
faba-239	369	12	.	.	PUNCT
faba-239	370	1	there	there	PRON
faba-239	370	2	can	can	AUX
faba-239	370	3	be	be	AUX
faba-239	370	4	different	different	ADJ
faba-239	370	5	views	view	NOUN
faba-239	370	6	with	with	ADP
faba-239	370	7	regard	regard	NOUN
faba-239	370	8	to	to	ADP
faba-239	370	9	the	the	DET
faba-239	370	10	representativeness	representativeness	NOUN
faba-239	370	11	of	of	ADP
faba-239	370	12	some	some	DET
faba-239	370	13	actual	actual	ADJ
faba-239	370	14	market	market	NOUN
faba-239	370	15	ratios	ratio	NOUN
faba-239	370	16	used	use	VERB
faba-239	370	17	,	,	PUNCT
faba-239	370	18	questions	question	NOUN
faba-239	370	19	can	can	AUX
faba-239	370	20	also	also	ADV
faba-239	370	21	be	be	AUX
faba-239	370	22	raised	raise	VERB
faba-239	370	23	with	with	ADP
faba-239	370	24	regard	regard	NOUN
faba-239	370	25	to	to	ADP
faba-239	370	26	the	the	DET
faba-239	370	27	values	value	NOUN
faba-239	370	28	of	of	ADP
faba-239	370	29	each	each	PRON
faba-239	370	30	of	of	ADP
faba-239	370	31	the	the	DET
faba-239	370	32	input	input	NOUN
faba-239	370	33	variables	variable	NOUN
faba-239	370	34	in	in	ADP
faba-239	370	35	the	the	DET
faba-239	370	36	models	model	NOUN
faba-239	370	37	for	for	ADP
faba-239	370	38	deriving	derive	VERB
faba-239	370	39	the	the	DET
faba-239	370	40	fundamental	fundamental	ADJ
faba-239	370	41	pes	pe	NOUN
faba-239	370	42	and	and	CCONJ
faba-239	370	43	pbvs	pbvs	NOUN
faba-239	370	44	.	.	PUNCT
faba-239	371	1	these	these	DET
faba-239	371	2	issues	issue	NOUN
faba-239	371	3	deserve	deserve	VERB
faba-239	371	4	to	to	PART
faba-239	371	5	be	be	AUX
faba-239	371	6	addressed	address	VERB
faba-239	371	7	in	in	ADP
faba-239	371	8	more	more	ADJ
faba-239	371	9	detail	detail	NOUN
faba-239	371	10	in	in	ADP
faba-239	371	11	future	future	ADJ
faba-239	371	12	studies	study	NOUN
faba-239	371	13	.	.	PUNCT
faba-239	372	1	the	the	DET
faba-239	372	2	analyses	analysis	NOUN
faba-239	372	3	of	of	ADP
faba-239	372	4	this	this	DET
faba-239	372	5	type	type	NOUN
faba-239	372	6	are	be	AUX
faba-239	372	7	normally	normally	ADV
faba-239	372	8	of	of	ADP
faba-239	372	9	private	private	ADJ
faba-239	372	10	character	character	NOUN
faba-239	372	11	,	,	PUNCT
faba-239	372	12	done	do	VERB
faba-239	372	13	mainly	mainly	ADV
faba-239	372	14	within	within	ADP
faba-239	372	15	business	business	NOUN
faba-239	372	16	entities	entity	NOUN
faba-239	372	17	,	,	PUNCT
faba-239	372	18	specialized	specialize	VERB
faba-239	372	19	on	on	ADP
faba-239	372	20	financial	financial	ADJ
faba-239	372	21	markets	market	NOUN
faba-239	372	22	.	.	PUNCT
faba-239	373	1	academic	academic	ADJ
faba-239	373	2	research	research	NOUN
faba-239	373	3	of	of	ADP
faba-239	373	4	this	this	DET
faba-239	373	5	matter	matter	NOUN
faba-239	373	6	,	,	PUNCT
faba-239	373	7	which	which	PRON
faba-239	373	8	is	be	AUX
faba-239	373	9	publicly	publicly	ADV
faba-239	373	10	available	available	ADJ
faba-239	373	11	,	,	PUNCT
faba-239	373	12	and	and	CCONJ
faba-239	373	13	following	follow	VERB
faba-239	373	14	the	the	DET
faba-239	373	15	approach	approach	NOUN
faba-239	373	16	of	of	ADP
faba-239	373	17	the	the	DET
faba-239	373	18	current	current	ADJ
faba-239	373	19	study	study	NOUN
faba-239	373	20	,	,	PUNCT
faba-239	373	21	is	be	AUX
faba-239	373	22	extremely	extremely	ADV
faba-239	373	23	limited	limited	ADJ
faba-239	373	24	.	.	PUNCT
faba-239	374	1	the	the	DET
faba-239	374	2	important	important	ADJ
faba-239	374	3	implications	implication	NOUN
faba-239	374	4	of	of	ADP
faba-239	374	5	the	the	DET
faba-239	374	6	results	result	NOUN
faba-239	374	7	from	from	ADP
faba-239	374	8	the	the	DET
faba-239	374	9	current	current	ADJ
faba-239	374	10	study	study	NOUN
faba-239	374	11	for	for	ADP
faba-239	374	12	investors	investor	NOUN
faba-239	374	13	,	,	PUNCT
faba-239	374	14	however	however	ADV
faba-239	374	15	,	,	PUNCT
faba-239	374	16	are	be	AUX
faba-239	374	17	clear	clear	ADJ
faba-239	374	18	:	:	PUNCT
faba-239	374	19	s&p	s&p	PROPN
faba-239	374	20	500	500	NUM
faba-239	374	21	as	as	ADP
faba-239	374	22	a	a	DET
faba-239	374	23	whole	whole	NOUN
faba-239	374	24	and	and	CCONJ
faba-239	374	25	most	most	ADJ
faba-239	374	26	of	of	ADP
faba-239	374	27	“	"	PUNCT
faba-239	374	28	the	the	DET
faba-239	374	29	magnificent	magnificent	ADJ
faba-239	374	30	seven	seven	NUM
faba-239	374	31	”	"	PUNCT
faba-239	374	32	stocks	stock	NOUN
faba-239	374	33	look	look	VERB
faba-239	374	34	significantly	significantly	ADV
faba-239	374	35	overpriced	overpriced	ADJ
faba-239	374	36	at	at	ADP
faba-239	374	37	the	the	DET
faba-239	374	38	background	background	NOUN
faba-239	374	39	of	of	ADP
faba-239	374	40	fundamentals	fundamental	NOUN
faba-239	374	41	in	in	ADP
faba-239	374	42	2024	2024	NUM
faba-239	374	43	.	.	PUNCT
faba-239	375	1	references	reference	NOUN
faba-239	375	2	bagna	bagna	PROPN
faba-239	375	3	,	,	PUNCT
faba-239	375	4	e.	e.	PROPN
faba-239	375	5	,	,	PUNCT
faba-239	375	6	and	and	CCONJ
faba-239	375	7	e.	e.	PROPN
faba-239	375	8	ramusino	ramusino	PROPN
faba-239	375	9	.	.	PUNCT
faba-239	376	1	2017	2017	NUM
faba-239	376	2	.	.	PUNCT
faba-239	377	1	market	market	NOUN
faba-239	377	2	multiples	multiple	NOUN
faba-239	377	3	and	and	CCONJ
faba-239	377	4	the	the	DET
faba-239	377	5	valuation	valuation	NOUN
faba-239	377	6	of	of	ADP
faba-239	377	7	cyclical	cyclical	ADJ
faba-239	377	8	companies	company	NOUN
faba-239	377	9	.	.	PUNCT
faba-239	378	1	international	international	ADJ
faba-239	378	2	business	business	NOUN
faba-239	378	3	research	research	NOUN
faba-239	378	4	,	,	PUNCT
faba-239	378	5	10(12	10(12	NUM
faba-239	378	6	)	)	PUNCT
faba-239	378	7	,	,	PUNCT
faba-239	378	8	2017	2017	NUM
faba-239	378	9	.	.	PUNCT
faba-239	379	1	bancel	bancel	PROPN
faba-239	379	2	,	,	PUNCT
faba-239	379	3	f.	f.	PROPN
faba-239	379	4	,	,	PUNCT
faba-239	379	5	and	and	CCONJ
faba-239	379	6	u.	u.	PROPN
faba-239	379	7	mittoo	mittoo	PROPN
faba-239	379	8	.	.	PUNCT
faba-239	380	1	2014	2014	NUM
faba-239	380	2	.	.	PUNCT
faba-239	381	1	the	the	DET
faba-239	381	2	gap	gap	NOUN
faba-239	381	3	between	between	ADP
faba-239	381	4	the	the	DET
faba-239	381	5	theory	theory	NOUN
faba-239	381	6	and	and	CCONJ
faba-239	381	7	practice	practice	NOUN
faba-239	381	8	of	of	ADP
faba-239	381	9	corporate	corporate	ADJ
faba-239	381	10	valuation	valuation	NOUN
faba-239	381	11	:	:	PUNCT
faba-239	381	12	survey	survey	NOUN
faba-239	381	13	of	of	ADP
faba-239	381	14	european	european	ADJ
faba-239	381	15	experts	expert	NOUN
faba-239	381	16	.	.	PUNCT
faba-239	382	1	journal	journal	PROPN
faba-239	382	2	of	of	ADP
faba-239	382	3	applied	apply	VERB
faba-239	382	4	corporate	corporate	ADJ
faba-239	382	5	finance	finance	NOUN
faba-239	382	6	,	,	PUNCT
faba-239	382	7	columbia	columbia	PROPN
faba-239	382	8	business	business	PROPN
faba-239	382	9	school	school	PROPN
faba-239	382	10	,	,	PUNCT
faba-239	382	11	26(4	26(4	NUM
faba-239	382	12	)	)	PUNCT
faba-239	382	13	,	,	PUNCT
faba-239	382	14	fall	fall	VERB
faba-239	382	15	2014	2014	NUM
faba-239	382	16	.	.	PUNCT
faba-239	383	1	blodget	blodget	PROPN
faba-239	383	2	,	,	PUNCT
faba-239	383	3	h.	h.	PROPN
faba-239	383	4	2011	2011	NUM
faba-239	383	5	.	.	PUNCT
faba-239	384	1	is	be	AUX
faba-239	384	2	there	there	PRON
faba-239	384	3	a	a	DET
faba-239	384	4	new	new	ADJ
faba-239	384	5	tech	tech	NOUN
faba-239	384	6	bubble	bubble	NOUN
faba-239	384	7	?	?	PUNCT
faba-239	385	1	no	no	INTJ
faba-239	385	2	.	.	NOUN
faba-239	385	3	,	,	PUNCT
faba-239	385	4	business	business	NOUN
faba-239	385	5	insider	insider	NOUN
faba-239	385	6	.	.	PUNCT
faba-239	386	1	[	[	X
faba-239	386	2	blog	blog	NOUN
faba-239	386	3	post	post	NOUN
faba-239	386	4	]	]	X
faba-239	386	5	http://www.businessinsider.com/is-there-a-new-tech-bubble-2011-4#-1	http://www.businessinsider.com/is-there-a-new-tech-bubble-2011-4#-1	PROPN
faba-239	386	6	[	[	X
faba-239	386	7	accessed	access	VERB
faba-239	386	8	:	:	PUNCT
faba-239	386	9	11	11	NUM
faba-239	386	10	april	april	PROPN
faba-239	386	11	2011	2011	NUM
faba-239	386	12	]	]	PUNCT
faba-239	386	13	.	.	PUNCT
faba-239	387	1	conte	conte	PROPN
faba-239	387	2	,	,	PUNCT
faba-239	387	3	n.	n.	PROPN
faba-239	387	4	2024	2024	NUM
faba-239	387	5	.	.	PUNCT
faba-239	388	1	the	the	DET
faba-239	388	2	stocks	stock	NOUN
faba-239	388	3	driving	drive	VERB
faba-239	388	4	s&p	s&p	PROPN
faba-239	388	5	500	500	NUM
faba-239	388	6	returns	return	NOUN
faba-239	388	7	in	in	ADP
faba-239	388	8	2024	2024	NUM
faba-239	388	9	,	,	PUNCT
faba-239	388	10	28	28	NUM
faba-239	388	11	june	june	PROPN
faba-239	388	12	2024	2024	NUM
faba-239	388	13	.	.	PUNCT
faba-239	389	1	[	[	X
faba-239	389	2	blog	blog	NOUN
faba-239	389	3	post	post	NOUN
faba-239	389	4	]	]	PROPN
faba-239	389	5	,	,	PUNCT
faba-239	389	6	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024/	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024/	PROPN
faba-239	390	1	[	[	X
faba-239	390	2	accessed	access	VERB
faba-239	390	3	10	10	NUM
faba-239	390	4	september	september	PROPN
faba-239	390	5	2024	2024	NUM
faba-239	390	6	]	]	PUNCT
faba-239	390	7	.	.	PUNCT
faba-239	391	1	damodaran	damodaran	PROPN
faba-239	391	2	,	,	PUNCT
faba-239	391	3	a.	a.	PROPN
faba-239	391	4	,	,	PUNCT
faba-239	391	5	a	a	DET
faba-239	391	6	viral	viral	ADJ
faba-239	391	7	market	market	NOUN
faba-239	391	8	update	update	NOUN
faba-239	391	9	xiii	xiii	PROPN
faba-239	391	10	:	:	PUNCT
faba-239	391	11	the	the	DET
faba-239	391	12	strong	strong	ADJ
faba-239	391	13	(	(	PUNCT
faba-239	391	14	fangam	fangam	ADV
faba-239	391	15	)	)	PUNCT
faba-239	391	16	get	get	VERB
faba-239	391	17	stronger	strong	ADJ
faba-239	391	18	!	!	PUNCT
faba-239	392	1	,	,	PUNCT
faba-239	392	2	http://pages.stern.nyu.edu/~adamodar/	http://pages.stern.nyu.edu/~adamodar/	PROPN
faba-239	392	3	,	,	PUNCT
faba-239	392	4	aug	aug	PROPN
faba-239	392	5	20	20	NUM
faba-239	392	6	,	,	PUNCT
faba-239	392	7	2020	2020	NUM
faba-239	392	8	damodaran	damodaran	VERB
faba-239	392	9	,	,	PUNCT
faba-239	392	10	a.	a.	NOUN
faba-239	392	11	2012	2012	NUM
faba-239	392	12	.	.	PUNCT
faba-239	393	1	investment	investment	NOUN
faba-239	393	2	valuation	valuation	NOUN
faba-239	393	3	–	–	PUNCT
faba-239	393	4	tools	tool	NOUN
faba-239	393	5	and	and	CCONJ
faba-239	393	6	techniques	technique	NOUN
faba-239	393	7	for	for	ADP
faba-239	393	8	determining	determine	VERB
faba-239	393	9	the	the	DET
faba-239	393	10	value	value	NOUN
faba-239	393	11	of	of	ADP
faba-239	393	12	any	any	DET
faba-239	393	13	asset	asset	NOUN
faba-239	393	14	.	.	PUNCT
faba-239	394	1	john	john	PROPN
faba-239	394	2	wiley	wiley	PROPN
faba-239	394	3	&	&	CCONJ
faba-239	394	4	sons	son	NOUN
faba-239	394	5	,	,	PUNCT
faba-239	394	6	new	new	PROPN
faba-239	394	7	york	york	PROPN
faba-239	394	8	.	.	PUNCT
faba-239	395	1	di	di	PROPN
faba-239	395	2	pizio	pizio	PROPN
faba-239	395	3	,	,	PUNCT
faba-239	395	4	a.	a.	NOUN
faba-239	395	5	2024	2024	NUM
faba-239	395	6	.	.	PUNCT
faba-239	396	1	did	do	AUX
faba-239	396	2	the	the	DET
faba-239	396	3	“	"	PUNCT
faba-239	396	4	magnificent	magnificent	ADJ
faba-239	396	5	seven	seven	NUM
faba-239	396	6	”	"	PUNCT
faba-239	396	7	just	just	ADV
faba-239	396	8	become	become	VERB
faba-239	396	9	the	the	DET
faba-239	396	10	“	"	PUNCT
faba-239	396	11	super	super	ADJ
faba-239	396	12	six	six	NUM
faba-239	396	13	”	"	PUNCT
faba-239	396	14	?	?	PUNCT
faba-239	396	15	.	.	PUNCT
faba-239	397	1	the	the	DET
faba-239	397	2	motley	motley	ADJ
faba-239	397	3	fool	fool	NOUN
faba-239	397	4	,	,	PUNCT
faba-239	397	5	january	january	PROPN
faba-239	397	6	30	30	NUM
faba-239	397	7	,	,	PUNCT
faba-239	397	8	2024	2024	NUM
faba-239	397	9	,	,	PUNCT
faba-239	397	10	[	[	X
faba-239	397	11	blog	blog	NOUN
faba-239	397	12	post	post	NOUN
faba-239	397	13	]	]	PROPN
faba-239	397	14	,	,	PUNCT
faba-239	397	15	https://www.nasdaq.com/articles/did-the-magnificent-seven-just-become-the-super-six	https://www.nasdaq.com/articles/did-the-magnificent-seven-just-become-the-super-six	NOUN
faba-239	398	1	[	[	X
faba-239	398	2	accessed	access	VERB
faba-239	398	3	7	7	NUM
faba-239	398	4	september	september	PROPN
faba-239	398	5	2024	2024	NUM
faba-239	398	6	]	]	PUNCT
faba-239	398	7	.	.	PUNCT
faba-239	399	1	fernandez	fernandez	PROPN
faba-239	399	2	,	,	PUNCT
faba-239	399	3	p.	p.	NOUN
faba-239	399	4	2017	2017	NUM
faba-239	399	5	.	.	PUNCT
faba-239	400	1	company	company	NOUN
faba-239	400	2	valuation	valuation	NOUN
faba-239	400	3	methods	method	NOUN
faba-239	400	4	fernandez	fernandez	PROPN
faba-239	400	5	,	,	PUNCT
faba-239	400	6	p.	p.	PROPN
faba-239	400	7	,	,	PUNCT
faba-239	400	8	garcia	garcia	PROPN
faba-239	400	9	de	de	PROPN
faba-239	400	10	la	la	PROPN
faba-239	400	11	garza	garza	PROPN
faba-239	400	12	,	,	PUNCT
faba-239	400	13	and	and	CCONJ
faba-239	400	14	l.	l.	PROPN
faba-239	400	15	fernandez	fernandez	PROPN
faba-239	400	16	.	.	PUNCT
faba-239	401	1	2024	2024	NUM
faba-239	401	2	.	.	PUNCT
faba-239	402	1	survey	survey	NOUN
faba-239	402	2	:	:	PUNCT
faba-239	402	3	market	market	NOUN
faba-239	402	4	risk	risk	NOUN
faba-239	402	5	premium	premium	NOUN
faba-239	402	6	and	and	CCONJ
faba-239	402	7	risk	risk	NOUN
faba-239	402	8	-	-	PUNCT
faba-239	402	9	free	free	ADJ
faba-239	402	10	rate	rate	NOUN
faba-239	402	11	used	use	VERB
faba-239	402	12	for	for	ADP
faba-239	402	13	96	96	NUM
faba-239	402	14	countries	country	NOUN
faba-239	402	15	in	in	ADP
faba-239	402	16	2024	2024	NUM
faba-239	402	17	.	.	PUNCT
faba-239	403	1	graham	graham	PROPN
faba-239	403	2	,	,	PUNCT
faba-239	403	3	b.	b.	PROPN
faba-239	403	4	,	,	PUNCT
faba-239	403	5	and	and	CCONJ
faba-239	403	6	d.	d.	PROPN
faba-239	403	7	l.	l.	PROPN
faba-239	403	8	dodd	dodd	PROPN
faba-239	403	9	.	.	PUNCT
faba-239	403	10	2009	2009	NUM
faba-239	403	11	.	.	PUNCT
faba-239	404	1	security	security	NOUN
faba-239	404	2	analysis	analysis	NOUN
faba-239	404	3	–	–	PUNCT
faba-239	404	4	principles	principle	NOUN
faba-239	404	5	and	and	CCONJ
faba-239	404	6	technique	technique	NOUN
faba-239	404	7	”	"	PUNCT
faba-239	404	8	,	,	PUNCT
faba-239	404	9	6th	6th	ADJ
faba-239	404	10	ed	ed	NOUN
faba-239	404	11	.	.	PUNCT
faba-239	405	1	the	the	DET
faba-239	405	2	mcgraw	mcgraw	PROPN
faba-239	405	3	-	-	PUNCT
faba-239	405	4	hill	hill	NOUN
faba-239	405	5	companies	company	NOUN
faba-239	405	6	,	,	PUNCT
faba-239	405	7	inc	inc	PROPN
faba-239	405	8	.	.	PROPN
faba-239	405	9	(	(	PUNCT
faba-239	405	10	foreword	foreword	PROPN
faba-239	405	11	by	by	ADP
faba-239	405	12	warren	warren	PROPN
faba-239	405	13	buffett	buffett	PROPN
faba-239	405	14	,	,	PUNCT
faba-239	405	15	updated	update	VERB
faba-239	405	16	with	with	ADP
faba-239	405	17	new	new	ADJ
faba-239	405	18	commentary	commentary	NOUN
faba-239	405	19	by	by	ADP
faba-239	405	20	seth	seth	PROPN
faba-239	405	21	.	.	PUNCT
faba-239	405	22	a.	a.	PROPN
faba-239	405	23	klarman	klarman	PROPN
faba-239	405	24	,	,	PUNCT
faba-239	405	25	james	james	PROPN
faba-239	405	26	grant	grant	PROPN
faba-239	405	27	,	,	PUNCT
faba-239	405	28	bruce	bruce	PROPN
faba-239	405	29	greenwald	greenwald	PROPN
faba-239	405	30	,	,	PUNCT
faba-239	405	31	and	and	CCONJ
faba-239	405	32	others	other	NOUN
faba-239	405	33	)	)	PUNCT
faba-239	405	34	graham	graham	PROPN
faba-239	405	35	,	,	PUNCT
faba-239	405	36	b.	b.	PROPN
faba-239	405	37	2006	2006	NUM
faba-239	405	38	.	.	PUNCT
faba-239	406	1	the	the	DET
faba-239	406	2	intelligent	intelligent	ADJ
faba-239	406	3	investor	investor	NOUN
faba-239	406	4	–	–	PUNCT
faba-239	406	5	revised	revise	VERB
faba-239	406	6	edition	edition	NOUN
faba-239	406	7	,	,	PUNCT
faba-239	406	8	first	first	PROPN
faba-239	406	9	collins	collins	PROPN
faba-239	406	10	business	business	NOUN
faba-239	406	11	essentials	essential	NOUN
faba-239	406	12	edition	edition	PROPN
faba-239	406	13	.	.	PUNCT
faba-239	407	1	harpercollins	harpercollins	PROPN
faba-239	407	2	publishers	publisher	NOUN
faba-239	407	3	,	,	PUNCT
faba-239	407	4	(	(	PUNCT
faba-239	407	5	preface	preface	NOUN
faba-239	407	6	to	to	ADP
faba-239	407	7	the	the	DET
faba-239	407	8	fourth	fourth	PROPN
faba-239	407	9	edition	edition	NOUN
faba-239	407	10	by	by	ADP
faba-239	407	11	warren	warren	PROPN
faba-239	407	12	e.	e.	PROPN
faba-239	407	13	buffett	buffett	PROPN
faba-239	407	14	,	,	PUNCT
faba-239	407	15	updated	update	VERB
faba-239	407	16	with	with	ADP
faba-239	407	17	new	new	ADJ
faba-239	407	18	commentary	commentary	NOUN
faba-239	407	19	by	by	ADP
faba-239	407	20	jason	jason	PROPN
faba-239	407	21	zweig	zweig	PROPN
faba-239	407	22	)	)	PUNCT
faba-239	407	23	infostock	infostock	NOUN
faba-239	407	24	.	.	PUNCT
faba-239	408	1	2020	2020	NUM
faba-239	408	2	.	.	PUNCT
faba-239	409	1	silno	silno	PROPN
faba-239	409	2	polyariziran	polyariziran	PROPN
faba-239	409	3	amerikanski	amerikanski	PROPN
faba-239	409	4	pazar	pazar	PROPN
faba-239	409	5	–	–	PUNCT
faba-239	409	6	kakvo	kakvo	PROPN
faba-239	409	7	shte	shte	VERB
faba-239	409	8	izberete	izberete	NOUN
faba-239	409	9	?	?	PUNCT
faba-239	409	10	,	,	PUNCT
faba-239	409	11	31	31	NUM
faba-239	409	12	july	july	PROPN
faba-239	409	13	,	,	PUNCT
faba-239	409	14	2020	2020	NUM
faba-239	409	15	,	,	PUNCT
faba-239	409	16	http://www.infostock.bg/infostock/control/worldmarkets/news/99813-silno-polyariziran-amerikanskipazar--kakvo-shte-izberete	http://www.infostock.bg/infostock/control/worldmarkets/news/99813-silno-polyariziran-amerikanskipazar--kakvo-shte-izberete	PROPN
faba-239	409	17	.	.	PUNCT
faba-239	410	1	koller	koller	PROPN
faba-239	410	2	,	,	PUNCT
faba-239	410	3	t.	t.	PROPN
faba-239	410	4	,	,	PUNCT
faba-239	410	5	m.	m.	NOUN
faba-239	410	6	goedhart	goedhart	NOUN
faba-239	410	7	,	,	PUNCT
faba-239	410	8	and	and	CCONJ
faba-239	410	9	d.	d.	PROPN
faba-239	410	10	wessels	wessels	PROPN
faba-239	410	11	.	.	PUNCT
faba-239	411	1	2015	2015	NUM
faba-239	411	2	.	.	PUNCT
faba-239	412	1	valuation	valuation	NOUN
faba-239	412	2	–	–	PUNCT
faba-239	412	3	measuring	measure	VERB
faba-239	412	4	and	and	CCONJ
faba-239	412	5	managing	manage	VERB
faba-239	412	6	the	the	DET
faba-239	412	7	value	value	NOUN
faba-239	412	8	of	of	ADP
faba-239	412	9	companies	company	NOUN
faba-239	412	10	.	.	PUNCT
faba-239	413	1	mckinsey	mckinsey	NOUN
faba-239	413	2	&	&	CCONJ
faba-239	413	3	company	company	PROPN
faba-239	413	4	,	,	PUNCT
faba-239	413	5	published	publish	VERB
faba-239	413	6	by	by	ADP
faba-239	413	7	john	john	PROPN
faba-239	413	8	weley	weley	PROPN
faba-239	413	9	&	&	CCONJ
faba-239	413	10	sons	son	NOUN
faba-239	413	11	,	,	PUNCT
faba-239	413	12	new	new	PROPN
faba-239	413	13	york	york	PROPN
faba-239	413	14	,	,	PUNCT
faba-239	413	15	2015	2015	NUM
faba-239	413	16	malkiel	malkiel	PROPN
faba-239	413	17	,	,	PUNCT
faba-239	413	18	b.	b.	PROPN
faba-239	413	19	g.	g.	PROPN
faba-239	413	20	2015	2015	NUM
faba-239	413	21	.	.	PUNCT
faba-239	414	1	a	a	DET
faba-239	414	2	random	random	ADJ
faba-239	414	3	walk	walk	NOUN
faba-239	414	4	down	down	ADP
faba-239	414	5	wall	wall	PROPN
faba-239	414	6	street	street	PROPN
faba-239	414	7	,	,	PUNCT
faba-239	414	8	12th	12th	PROPN
faba-239	414	9	edition	edition	NOUN
faba-239	414	10	(	(	PUNCT
faba-239	414	11	completely	completely	ADV
faba-239	414	12	revised	revise	VERB
faba-239	414	13	and	and	CCONJ
faba-239	414	14	updated	update	VERB
faba-239	414	15	)	)	PUNCT
faba-239	414	16	.	.	PUNCT
faba-239	415	1	w.w	w.w	PROPN
faba-239	415	2	.	.	PROPN
faba-239	415	3	norton	norton	PROPN
faba-239	415	4	&	&	CCONJ
faba-239	415	5	company	company	PROPN
faba-239	415	6	,	,	PUNCT
faba-239	415	7	inc	inc	PROPN
faba-239	415	8	.	.	PROPN
faba-239	415	9	,	,	PUNCT
faba-239	415	10	new	new	PROPN
faba-239	415	11	york	york	PROPN
faba-239	415	12	,	,	PUNCT
faba-239	415	13	london	london	PROPN
faba-239	415	14	mcgeeney	mcgeeney	NOUN
faba-239	415	15	,	,	PUNCT
faba-239	415	16	t.	t.	PROPN
faba-239	415	17	j.	j.	PROPN
faba-239	415	18	2020	2020	PROPN
faba-239	415	19	.	.	PUNCT
faba-239	416	1	tracking	track	VERB
faba-239	416	2	faaanm	faaanm	ADV
faba-239	416	3	.	.	PUNCT
faba-239	417	1	https://www.meyercg.com/blog/tracking-faaanm	https://www.meyercg.com/blog/tracking-faaanm	PRON
faba-239	417	2	[	[	PUNCT
faba-239	417	3	accessed	access	VERB
faba-239	417	4	25	25	NUM
faba-239	417	5	august	august	PROPN
faba-239	417	6	2020	2020	NUM
faba-239	417	7	]	]	PUNCT
faba-239	417	8	.	.	PUNCT
faba-239	418	1	molodovsky	molodovsky	NOUN
faba-239	418	2	,	,	PUNCT
faba-239	418	3	n.	n.	NOUN
faba-239	418	4	1995	1995	NUM
faba-239	418	5	.	.	PUNCT
faba-239	419	1	a	a	DET
faba-239	419	2	theory	theory	NOUN
faba-239	419	3	of	of	ADP
faba-239	419	4	price	price	NOUN
faba-239	419	5	-	-	PUNCT
faba-239	419	6	earnings	earning	NOUN
faba-239	419	7	ratios	ratio	NOUN
faba-239	419	8	”	"	PUNCT
faba-239	419	9	.	.	PUNCT
faba-239	420	1	financial	financial	ADJ
faba-239	420	2	analysts	analyst	NOUN
faba-239	420	3	journal	journal	PROPN
faba-239	420	4	,	,	PUNCT
faba-239	420	5	january	january	PROPN
faba-239	420	6	/	/	SYM
faba-239	420	7	february	february	PROPN
faba-239	420	8	1995	1995	NUM
faba-239	420	9	(	(	PUNCT
faba-239	420	10	reprinted	reprint	VERB
faba-239	420	11	from	from	ADP
faba-239	420	12	“	"	PUNCT
faba-239	420	13	the	the	DET
faba-239	420	14	analyst	analyst	NOUN
faba-239	420	15	journal	journal	NOUN
faba-239	420	16	”	"	PUNCT
faba-239	420	17	,	,	PUNCT
faba-239	420	18	november	november	PROPN
faba-239	420	19	1953	1953	NUM
faba-239	420	20	)	)	PUNCT
faba-239	420	21	.	.	PUNCT
faba-239	421	1	nenkov	nenkov	PROPN
faba-239	421	2	,	,	PUNCT
faba-239	421	3	d.	d.	PROPN
faba-239	421	4	2017	2017	NUM
faba-239	421	5	.	.	PUNCT
faba-239	422	1	relative	relative	ADJ
faba-239	422	2	valuation	valuation	NOUN
faba-239	422	3	and	and	CCONJ
faba-239	422	4	stock	stock	NOUN
faba-239	422	5	-	-	PUNCT
faba-239	422	6	market	market	NOUN
faba-239	422	7	bubbles	bubble	NOUN
faba-239	422	8	.	.	PUNCT
faba-239	423	1	economic	economic	ADJ
faba-239	423	2	alternatives	alternative	NOUN
faba-239	423	3	,	,	PUNCT
faba-239	423	4	unwe	unwe	NOUN
faba-239	423	5	,	,	PUNCT
faba-239	423	6	sofia	sofia	PROPN
faba-239	423	7	,	,	PUNCT
faba-239	423	8	(	(	PUNCT
faba-239	423	9	3	3	NUM
faba-239	423	10	):	):	PUNCT
faba-239	423	11	http://www.businessinsider.com/is-there-a-new-tech-bubble-2011-4#-1	http://www.businessinsider.com/is-there-a-new-tech-bubble-2011-4#-1	PROPN
faba-239	423	12	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024/	https://www.visualcapitalist.com/the-stocks-driving-sp-500-returns-in-2024/	PROPN
faba-239	423	13	http://pages.stern.nyu.edu/~adamodar/	http://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	423	14	https://www.nasdaq.com/articles/did-the-magnificent-seven-just-become-the-super-six	https://www.nasdaq.com/articles/did-the-magnificent-seven-just-become-the-super-six	NOUN
faba-239	423	15	http://www.infostock.bg/infostock/control/worldmarkets/news/99813-silno-polyariziran-amerikanski-pazar--kakvo-shte-izberete	http://www.infostock.bg/infostock/control/worldmarkets/news/99813-silno-polyariziran-amerikanski-pazar--kakvo-shte-izberete	NOUN
faba-239	423	16	http://www.infostock.bg/infostock/control/worldmarkets/news/99813-silno-polyariziran-amerikanski-pazar--kakvo-shte-izberete	http://www.infostock.bg/infostock/control/worldmarkets/news/99813-silno-polyariziran-amerikanski-pazar--kakvo-shte-izberete	NOUN
faba-239	423	17	https://www.meyercg.com/blog/tracking-faaanm	https://www.meyercg.com/blog/tracking-faaanm	NUM
faba-239	423	18	dimiter	dimiter	NOUN
faba-239	423	19	nenkov	nenkov	NOUN
faba-239	423	20	/	/	SYM
faba-239	423	21	finance	finance	NOUN
faba-239	423	22	,	,	PUNCT
faba-239	423	23	accounting	accounting	NOUN
faba-239	423	24	and	and	CCONJ
faba-239	423	25	business	business	NOUN
faba-239	423	26	analysis	analysis	NOUN
faba-239	423	27	,	,	PUNCT
faba-239	423	28	volume	volume	NOUN
faba-239	423	29	6	6	NUM
faba-239	423	30	,	,	PUNCT
faba-239	423	31	issue	issue	NOUN
faba-239	423	32	2	2	NUM
faba-239	423	33	,	,	PUNCT
faba-239	423	34	2024	2024	NUM
faba-239	423	35	195	195	NUM
faba-239	423	36	363	363	NUM
faba-239	423	37	-	-	PUNCT
faba-239	423	38	378	378	NUM
faba-239	423	39	.	.	PUNCT
faba-239	424	1	nenkov	nenkov	PROPN
faba-239	424	2	,	,	PUNCT
faba-239	424	3	d.	d.	PROPN
faba-239	424	4	2018	2018	NUM
faba-239	424	5	.	.	PUNCT
faba-239	425	1	the	the	DET
faba-239	425	2	us	us	PROPN
faba-239	425	3	market	market	NOUN
faba-239	425	4	against	against	ADP
faba-239	425	5	the	the	DET
faba-239	425	6	background	background	NOUN
faba-239	425	7	of	of	ADP
faba-239	425	8	the	the	DET
faba-239	425	9	“	"	PUNCT
faba-239	425	10	price	price	NOUN
faba-239	425	11	-	-	PUNCT
faba-239	425	12	to	to	ADP
faba-239	425	13	-	-	PUNCT
faba-239	425	14	sales	sale	NOUN
faba-239	425	15	”	"	PUNCT
faba-239	425	16	and	and	CCONJ
faba-239	425	17	“	"	PUNCT
faba-239	425	18	enterprise	enterprise	NOUN
faba-239	425	19	value	value	NOUN
faba-239	425	20	-	-	PUNCT
faba-239	425	21	tosales	tosale	NOUN
faba-239	425	22	”	"	PUNCT
faba-239	425	23	ratios	ratio	NOUN
faba-239	425	24	.	.	PUNCT
faba-239	426	1	bulgarian	bulgarian	ADJ
faba-239	426	2	journal	journal	PROPN
faba-239	426	3	of	of	ADP
faba-239	426	4	business	business	NOUN
faba-239	426	5	research	research	NOUN
faba-239	426	6	,	,	PUNCT
faba-239	426	7	(	(	PUNCT
faba-239	426	8	1	1	NUM
faba-239	426	9	):	):	PUNCT
faba-239	426	10	7	7	NUM
faba-239	426	11	-	-	SYM
faba-239	426	12	20	20	NUM
faba-239	426	13	.	.	PUNCT
faba-239	427	1	nenkov	nenkov	PROPN
faba-239	427	2	,	,	PUNCT
faba-239	427	3	d.	d.	PROPN
faba-239	427	4	2021a	2021a	NUM
faba-239	427	5	.	.	PUNCT
faba-239	428	1	the	the	DET
faba-239	428	2	s&p	s&p	PROPN
faba-239	428	3	500	500	NUM
faba-239	428	4	index	index	NOUN
faba-239	428	5	and	and	CCONJ
faba-239	428	6	the	the	DET
faba-239	428	7	“	"	PUNCT
faba-239	428	8	super	super	ADJ
faba-239	428	9	6	6	NUM
faba-239	428	10	”	"	PUNCT
faba-239	428	11	technology	technology	NOUN
faba-239	428	12	stocks	stock	NOUN
faba-239	428	13	in	in	ADP
faba-239	428	14	the	the	DET
faba-239	428	15	pandemic	pandemic	ADJ
faba-239	428	16	crisis	crisis	NOUN
faba-239	428	17	.	.	PUNCT
faba-239	429	1	research	research	NOUN
faba-239	429	2	papers	paper	NOUN
faba-239	429	3	of	of	ADP
faba-239	429	4	unwe	unwe	NOUN
faba-239	429	5	,	,	PUNCT
faba-239	429	6	(	(	PUNCT
faba-239	429	7	2	2	NUM
faba-239	429	8	):	):	PUNCT
faba-239	429	9	169	169	NUM
faba-239	429	10	-	-	SYM
faba-239	429	11	188	188	NUM
faba-239	429	12	.	.	PUNCT
faba-239	430	1	nenkov	nenkov	PROPN
faba-239	430	2	,	,	PUNCT
faba-239	430	3	d.	d.	PROPN
faba-239	430	4	2021b	2021b	NUM
faba-239	430	5	.	.	PUNCT
faba-239	431	1	the	the	DET
faba-239	431	2	s&p	s&p	PROPN
faba-239	431	3	500	500	NUM
faba-239	431	4	current	current	ADJ
faba-239	431	5	record	record	NOUN
faba-239	431	6	-	-	PUNCT
faba-239	431	7	high	high	ADJ
faba-239	431	8	levels	level	NOUN
faba-239	431	9	against	against	ADP
faba-239	431	10	fundamental	fundamental	ADJ
faba-239	431	11	pe	pe	PROPN
faba-239	431	12	and	and	CCONJ
faba-239	431	13	pbv	pbv	VERB
faba-239	431	14	ratios	ratio	NOUN
faba-239	431	15	.	.	PUNCT
faba-239	432	1	economic	economic	ADJ
faba-239	432	2	studies	study	NOUN
faba-239	432	3	journal	journal	NOUN
faba-239	432	4	,	,	PUNCT
faba-239	432	5	30(8	30(8	NUM
faba-239	432	6	):	):	PUNCT
faba-239	432	7	93	93	NUM
faba-239	432	8	-	-	SYM
faba-239	432	9	113	113	NUM
faba-239	432	10	.	.	PUNCT
faba-239	433	1	pinto	pinto	NOUN
faba-239	433	2	,	,	PUNCT
faba-239	433	3	j.	j.	PROPN
faba-239	433	4	,	,	PUNCT
faba-239	433	5	t.	t.	PROPN
faba-239	433	6	robinson	robinson	PROPN
faba-239	433	7	,	,	PUNCT
faba-239	433	8	and	and	CCONJ
faba-239	433	9	j.	j.	PROPN
faba-239	433	10	stowe	stowe	PROPN
faba-239	433	11	.	.	PROPN
faba-239	433	12	2019	2019	NUM
faba-239	433	13	.	.	PUNCT
faba-239	434	1	equity	equity	NOUN
faba-239	434	2	valuation	valuation	PROPN
faba-239	434	3	:	:	PUNCT
faba-239	434	4	a	a	DET
faba-239	434	5	survey	survey	NOUN
faba-239	434	6	of	of	ADP
faba-239	434	7	professional	professional	ADJ
faba-239	434	8	practice	practice	NOUN
faba-239	434	9	.	.	PUNCT
faba-239	435	1	review	review	NOUN
faba-239	435	2	of	of	ADP
faba-239	435	3	financial	financial	ADJ
faba-239	435	4	economics	economic	NOUN
faba-239	435	5	,	,	PUNCT
faba-239	435	6	37(2	37(2	PRON
faba-239	435	7	):	):	PUNCT
faba-239	435	8	219	219	NUM
faba-239	435	9	-	-	SYM
faba-239	435	10	233	233	NUM
faba-239	435	11	,	,	PUNCT
faba-239	435	12	(	(	PUNCT
faba-239	435	13	first	first	ADV
faba-239	435	14	published	publish	VERB
faba-239	435	15	19	19	NUM
faba-239	435	16	oct	oct	NOUN
faba-239	435	17	,	,	PUNCT
faba-239	435	18	2018	2018	NUM
faba-239	435	19	)	)	PUNCT
faba-239	435	20	,	,	PUNCT
faba-239	435	21	https://www.cfainstitute.org/en/membership/professional-development/refresher-readings/free-cashflow-valuation	https://www.cfainstitute.org/en/membership/professional-development/refresher-readings/free-cashflow-valuation	NOUN
faba-239	435	22	.	.	PUNCT
faba-239	436	1	shiller	shiller	PROPN
faba-239	436	2	,	,	PUNCT
faba-239	436	3	r.	r.	PROPN
faba-239	436	4	j.	j.	PROPN
faba-239	436	5	2012	2012	NUM
faba-239	436	6	.	.	PUNCT
faba-239	437	1	finance	finance	NOUN
faba-239	437	2	and	and	CCONJ
faba-239	437	3	the	the	DET
faba-239	437	4	good	good	ADJ
faba-239	437	5	society	society	NOUN
faba-239	437	6	.	.	PUNCT
faba-239	438	1	princeton	princeton	PROPN
faba-239	438	2	university	university	PROPN
faba-239	438	3	press	press	NOUN
faba-239	438	4	,	,	PUNCT
faba-239	438	5	new	new	PROPN
faba-239	438	6	jersey	jersey	PROPN
faba-239	438	7	.	.	PUNCT
faba-239	439	1	shiller	shiller	PROPN
faba-239	439	2	,	,	PUNCT
faba-239	439	3	r.	r.	PROPN
faba-239	439	4	j.	j.	PROPN
faba-239	439	5	2015	2015	NUM
faba-239	439	6	.	.	PUNCT
faba-239	440	1	the	the	DET
faba-239	440	2	irrational	irrational	ADJ
faba-239	440	3	exuberance	exuberance	NOUN
faba-239	440	4	”	"	PUNCT
faba-239	440	5	.	.	PUNCT
faba-239	441	1	princeton	princeton	PROPN
faba-239	441	2	university	university	PROPN
faba-239	441	3	press	press	NOUN
faba-239	441	4	,	,	PUNCT
faba-239	441	5	new	new	PROPN
faba-239	441	6	jersey	jersey	PROPN
faba-239	441	7	.	.	PUNCT
faba-239	442	1	the	the	DET
faba-239	442	2	nifty	nifty	ADJ
faba-239	442	3	faangs	faang	NOUN
faba-239	442	4	,	,	PUNCT
faba-239	442	5	june	june	PROPN
faba-239	442	6	25	25	NUM
faba-239	442	7	,	,	PUNCT
faba-239	442	8	2020	2020	NUM
faba-239	442	9	,	,	PUNCT
faba-239	442	10	market	market	NOUN
faba-239	442	11	commentary	commentary	NOUN
faba-239	442	12	,	,	PUNCT
faba-239	442	13	farr	farr	PROPN
faba-239	442	14	,	,	PUNCT
faba-239	442	15	miller	miller	PROPN
faba-239	442	16	&	&	CCONJ
faba-239	442	17	washington	washington	PROPN
faba-239	442	18	,	,	PUNCT
faba-239	442	19	https://farrmiller.com/2020/06/25/the-nifty-faangs/	https://farrmiller.com/2020/06/25/the-nifty-faangs/	PROPN
faba-239	442	20	,	,	PUNCT
faba-239	442	21	[	[	X
faba-239	442	22	accessed	access	VERB
faba-239	442	23	28	28	NUM
faba-239	442	24	august	august	NOUN
faba-239	442	25	2020	2020	NUM
faba-239	442	26	]	]	PUNCT
faba-239	442	27	tun	tun	PROPN
faba-239	442	28	,	,	PUNCT
faba-239	442	29	z.	z.	PROPN
faba-239	442	30	t.	t.	PROPN
faba-239	442	31	2024	2024	NUM
faba-239	442	32	.	.	PUNCT
faba-239	443	1	top	top	ADJ
faba-239	443	2	25	25	NUM
faba-239	443	3	stocks	stock	NOUN
faba-239	443	4	in	in	ADP
faba-239	443	5	the	the	DET
faba-239	443	6	s&p	s&p	PROPN
faba-239	443	7	500	500	NUM
faba-239	443	8	by	by	ADP
faba-239	443	9	index	index	NOUN
faba-239	443	10	weight	weight	NOUN
faba-239	443	11	for	for	ADP
faba-239	443	12	september	september	PROPN
faba-239	443	13	2024	2024	NUM
faba-239	443	14	,	,	PUNCT
faba-239	443	15	september	september	PROPN
faba-239	443	16	1	1	NUM
faba-239	443	17	,	,	PUNCT
faba-239	443	18	2024	2024	NUM
faba-239	443	19	,	,	PUNCT
faba-239	443	20	[	[	X
faba-239	443	21	blog	blog	NOUN
faba-239	443	22	post	post	NOUN
faba-239	443	23	]	]	X
faba-239	443	24	,	,	PUNCT
faba-239	443	25	https://www.investopedia.com/best-25-sp500-stocks-8550793	https://www.investopedia.com/best-25-sp500-stocks-8550793	PROPN
faba-239	444	1	[	[	X
faba-239	444	2	accessed	access	VERB
faba-239	444	3	10	10	NUM
faba-239	444	4	september	september	PROPN
faba-239	444	5	2024	2024	NUM
faba-239	444	6	]	]	PUNCT
faba-239	444	7	.	.	PUNCT
faba-239	445	1	data	datum	NOUN
faba-239	445	2	sources	source	NOUN
faba-239	445	3	damodaran	damodaran	VERB
faba-239	445	4	,	,	PUNCT
faba-239	445	5	a.	a.	NOUN
faba-239	445	6	2024	2024	NUM
faba-239	445	7	.	.	PUNCT
faba-239	446	1	http://pages.stern.nyu.edu/~adamodar/	http://pages.stern.nyu.edu/~adamodar/	NOUN
faba-239	446	2	,	,	PUNCT
faba-239	446	3	(	(	PUNCT
faba-239	446	4	30.09.2024	30.09.2024	NUM
faba-239	446	5	)	)	PUNCT
faba-239	446	6	https://www.thebalance.com/what-is-the-sandp-500-3305888	https://www.thebalance.com/what-is-the-sandp-500-3305888	NOUN
faba-239	446	7	,	,	PUNCT
faba-239	446	8	(	(	PUNCT
faba-239	446	9	1.09.2024	1.09.2024	NUM
faba-239	446	10	)	)	PUNCT
faba-239	446	11	https://www.slickcharts.com/sp500/marketcap#:~:text=the%20s%26p%20500%20has%20a,the%20out	https://www.slickcharts.com/sp500/marketcap#:~:text=the%20s%26p%20500%20has%20a,the%20out	ADP
faba-239	446	12	standing%20float%20share%20count	standing%20float%20share%20count	NOUN
faba-239	446	13	,	,	PUNCT
faba-239	446	14	(	(	PUNCT
faba-239	446	15	1.09.2024	1.09.2024	NUM
faba-239	446	16	)	)	PUNCT
faba-239	446	17	https://www.google.com/search?q=s%26p500+market+capitalization&oq=s%26p500+market+capitali	https://www.google.com/search?q=s%26p500+market+capitalization&oq=s%26p500+market+capitali	VERB
faba-239	446	18	zation&gs_lcrp	zation&gs_lcrp	NOUN
faba-239	446	19	=	=	NOUN
faba-239	446	20	egzjahjvbwuybggaeeuyotijcaeqabgkgiaemgkiahaagaoygaqycagdea	egzjahjvbwuybggaeeuyotijcaeqabgkgiaemgkiahaagaoygaqycagdea	NOUN
faba-239	446	21	ayfhgemggibbaagbyyhjiicauqabgwgb4ycaggeaayfhgemggibxaagbyyhjiicagqabg	ayfhgemggibbaagbyyhjiicauqabgwgb4ycaggeaayfhgemggibxaagbyyhjiicagqabg	VERB
faba-239	446	22	wgb4ycagjeaayfhge0gekmjiwmdzqmgoxnagcclacaq&sourceid	wgb4ycagjeaayfhge0gekmjiwmdzqmgoxnagcclacaq&sourceid	NOUN
faba-239	446	23	=	=	SYM
faba-239	446	24	chrome&ie	chrome&ie	X
faba-239	446	25	=	=	PRON
faba-239	446	26	utf-8	utf-8	NUM
faba-239	446	27	,	,	PUNCT
faba-239	446	28	(	(	PUNCT
faba-239	446	29	1.09.2024	1.09.2024	NUM
faba-239	446	30	)	)	PUNCT
faba-239	446	31	https://www.google.com/search?q=s%26p+500&rlz=1c1gceu_enbg895bg895&oq=s%26&aqs=chro	https://www.google.com/search?q=s%26p+500&rlz=1c1gceu_enbg895bg895&oq=s%26&aqs=chro	VERB
faba-239	446	32	me.1.69i57j0l5j46j0.3051j0j8&sourceid	me.1.69i57j0l5j46j0.3051j0j8&sourceid	PROPN
faba-239	446	33	=	=	SYM
faba-239	446	34	chrome&ie	chrome&ie	NOUN
faba-239	446	35	=	=	PRON
faba-239	446	36	utf-8	utf-8	NUM
faba-239	446	37	,	,	PUNCT
faba-239	446	38	(	(	PUNCT
faba-239	446	39	1.09.2024	1.09.2024	NUM
faba-239	446	40	)	)	PUNCT
faba-239	446	41	https://www.slickcharts.com/sp500/marketcap#:~:text=data%20details,the%20outstanding%20float%2	https://www.slickcharts.com/sp500/marketcap#:~:text=data%20details,the%20outstanding%20float%2	ADJ
faba-239	446	42	0share%20count	0share%20count	NOUN
faba-239	446	43	,	,	PUNCT
faba-239	446	44	(	(	PUNCT
faba-239	446	45	1.09.2024	1.09.2024	NUM
faba-239	446	46	)	)	PUNCT
faba-239	446	47	https://www.google.com/search?q=s%26p+500&rlz=1c1gceu_enbg895bg895&oq=s%26&aqs=chro	https://www.google.com/search?q=s%26p+500&rlz=1c1gceu_enbg895bg895&oq=s%26&aqs=chro	VERB
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