2009 | 2010 | 2011 | 2012 | 2013 | ||||||
Tobin’s Q | No. of Companies | Cumulative Tobin’s Q (%) | No. of Companies | Cumulative Tobin’s Q (%) | No. of Companies | Cumulative Tobin’s Q (%) | No. of Companies | Cumulative Tobin’s Q (%) | No. of Companies | Cumulative Tobin’s Q (%) |
<0 | 7 | 1.59 | 7 | 1.53 | 5 | 1.05 | 10 | 2.06 | 8 | 1.62 |
0 - 1 | 171 | 40.45 | 42 | 10.72 | 48 | 11.13 | 104 | 23.46 | 126 | 27.07 |
1 - 3 | 187 | 82.95 | 211 | 56.89 | 240 | 61.55 | 211 | 66.87 | 193 | 66.06 |
3 - 5 | 43 | 92.73 | 107 | 80.31 | 90 | 80.46 | 82 | 83.74 | 76 | 81.41 |
5 - 7 | 17 | 96.59 | 37 | 88.40 | 36 | 88.03 | 36 | 91.15 | 37 | 88.89 |
7 - 15 | 9 | 98.64 | 40 | 97.16 | 40 | 96.43 | 25 | 96.30 | 32 | 95.35 |
>15 | 6 | 100.00 | 13 | 100.00 | 17 | 100.00 | 18 | 100.00 | 23 | 100.00 |
Total | 440 | 457 | 476 | 486 | 495 |