Assessing Relative Valuation in Equity Markets Bridging Research and Practice /

• Main Authors: Rossi, Emanuele (Author), Forte, Gianfranco (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2016.
• Subjects: Finance.; Corporations > Finance.; Investment banking.; Securities.; Risk management.; Capital investments.; Financial engineering.; Investments and Securities.; Financial Engineering.; Investment Appraisal.; Corporate Finance.; Risk Management.

This book addresses the gap between the widespread use of stock market multiples in valuation practice and the frontiers of research on multiples. The book's approach is twofold: the authors first analyse the performance of multiples metrics in predicting the market price of a set of liquid and...

Table of Contents:

• Chapter 1. Relative Valuation: Issues and General Framework
• Chapter 2.Literature Background
• Chapter 3.Accuracy Performance of Relative Valuation
• Chapter 4. A Portfolio Approach: Multiples' Accuracy and Stock Selection
• Conclusion.