"Comparables" refer to similar items or properties used as a benchmark for valuation. In real estate, for example, comparables are recently sold homes in the same area that share similar features, such as size, age, and condition. They help buyers and sellers determine a fair market price. In finance, comparables can also apply to companies within the same industry. Analysts use financial metrics from these comparables to assess a company's performance and value. This method allows for a more informed decision-making process when investing or pricing assets, ensuring that evaluations are grounded in real market data.