S&P Global (SPGI) Stock Looks Fairly Valued Following a 20% Fall

S&P Global stock has fallen 20.1% over the past year, yet the current Excess Returns intrinsic value estimate sits close to the market price while earnings multiples still point to an expensive stock. That combination leaves S&P Global looking roughly fairly valued on one framework, but priced at a premium on another. The 20.1% share price decline over the last year raises the question of whether recent weakness has already reset expectations or if investors are still paying up for S&P...