aswathdamodaran.blogspot.com · 2021-01-09
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Musings on Markets: Data Update 1 for 2021 - A Look Back at 2020
Damodaran presents his annual comprehensive data collection and analysis of 46,579 publicly traded companies across 136 countries, explaining the methodology, rationale, and limitations of using public market data for valuation and corporate finance analysis. The article discusses how 2020's COVID-19 pandemic created unusual disconnects between equity market recovery and real economy performance, affecting the reliability of traditional pricing multiples and operating metrics.
Metrics in this report
Global Public Companies Sample Size
46,579companies
Publicly traded firms across 136 countries as of January 1, 2021
Market Capitalization Concentration
40%percent of global market cap
United States share of global market capitalization at start of 2021
Public Company Listing Growth
4.9%percent year-over-year
Increase in number of firms from January 2020 to January 2021