Price vs Value

I don't think it matters which markets.

If it' subjective, that implies that we can all use different things anyway.

But is there some commonality amongst the methods people use to determine value across all markets?

Is there a common theme?

Nothing is set in stone in the markets so you can use any measure you find useful, the common theme across all markets is whatever you are trying to value is in some way cheaper than its equivalent peers.
 
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