Franchise Value: A Modern Approach to Security Analysis

by Martin L. Leibowitz

A modern approach to equity valuation Understanding the key ingredients that combine to affect price/earnings (P/Es) is of crucial importance to the investment process. In Franchise Value, Martin Leibowitz tackles the imposing task of determining what really has an impact on P/Es. The author shows why he subscribes to the conventional logic that the P/E gauges the market's assessment of the firm's future. He then introduce readers to the franchise-value...

• Format: Hardcover
• Language: English
• ISBN: 0471647888
• ISBN13: 9780471647881
• Release Date: July 2004
• Publisher: Wiley
• Length: 512 Pages
• Weight: 1.65 lbs.
• Dimensions: 1.6" x 6.4" x 9.4"