Prosus’s market value is roughly $95 billion, well below even the value of its Tencent shares. The valuation discount has forced Prosus to reorganize its portfolio in recent years, including a program to sell Tencent stock to buy back its own. So far, Prosus has repurchased more than onefifth of its own shares, more than any other technology firm globally, it says. That has boosted its book value per share by 8%.
Prosus的市值约为950亿美元，甚至远低于其持有的腾讯股票的价值。估值折扣迫使Prosus近年来重组其投资组合，包括出售腾讯股票以回购自己的股票。该公司表示，到目前为止，Prosus已经回购了超过五分之一的股票，比全球任何一家科技公司都要多。这使其每股账面价值提高了8%。
Yet its discount to estimated book value remains stubbornly high, at 38%. Until Prosus can boost its internal rates of return, it will have little reason to invest in much beyond its own stock.
然而，其相对于预计账面价值的折扣率仍居高不下，为38%。在Prosus能够提高其内部回报率之前，它几乎没有理由投资于自己的股票以外的东西。
Investors are bound to wonder what asset the company could sell next.
投资者一定会想知道该公司下一步会出售什么资产。
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大家都怕公司把钱瞎投资霍霍了