Equity Valuation Using Multiples: An Empirical Investigation

by Andreas Schreiner

Accounting-based market multiples are the most common technique in equity valuation. Multiples are used in research reports and stock recommendations ofboth buy-side and sell-side analysts, in fairness opinions and pitch books of investment bankers, or at road shows offirms seeking an IPO. Even in cases where the value of a corporation is primarily determined with discounted cash flow, multiples such as PIE or market-to-book play the important role...

• Format: Paperback
• Language: English
• ISBN: 3835006967
• ISBN13: 9783835006966
• Release Date: April 2007
• Publisher: Deutscher Universitatsverlag
• Length: 173 Pages
• Weight: 0.59 lbs.
• Dimensions: 0.5" x 5.8" x 8.3"