Dozens of famous investors and TV pundits claim the stock market and some stocks like BofI Holding are "overvalued." However, the true story may be not so black and white. In this segment of The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the importance of defining over-valution, and thus, under-performance.
People Say the Stock Market Is "Overvalued." But What Does That Really Mean?
By Matt Koppenheffer and David Hanson – Dec 20, 2013 at 7:00AM
NYSE: AX
Axos Financial

Market Cap
$4.7B
Today's Change
(-0.78%) $0.64
Current Price
$81.99
Price as of November 26, 2025 at 4:00 PM ET
An answer without context is useless.
About the Author
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.