RE: PEER GROUP DISPARITY INCREASING!!23 Dec 2020 13:41
Absolute numbers are totally(!) the right way to look at it, as that is the difference between the valuations put on each company.
Percentage gains don't mean anything, only the absolute valuations. Ask any ii comparing the valuations of two companies, they are not interested in percent gain comparison, only the absolute value.
You don't value a company by saying "it went up 20% in three months, it must be worth investing in", you say "it's MCap is £500m, I think it's worth at least £750m, therefore I see good upside here".