Originally Posted by
TransWorld
I agree with everything you say. It is true. But it does not address the comparison to which I was speaking. Trying to compare apples to apples. Without considering those ground assets, whether the pax airline owns them or not, means it is apples and oranges. I understand they do not own the Ubers. But considering delivery trucks as market capitalization, and not penciling in Ubers, for comparison (even through the pax airline does not own the Ubers), results in apples to oranges. I trust that is a clarification, to make a fair basis comparison.
The original discussion was regarding market cap - the value of the company’s shares. I’m not exactly sure what kind of comparison you are trying to make, but the simple fact of the matter is that UPS is a far more valuable company than those others. What factors into that value is irrelevant. You don’t compare the market cap of UPS and Amazon and say a fair comparison would be if you add the value of all the websites and web services that UPS customers use. Those might be the WHY behind shareholders valuing a company the way they do, then again share price seems to grow increasingly disconnected from any rational thought.