Equity Valuation Using Multiples An Empirical Investigation

In spite of the widespread usage of multiples in practice, relevant research related to the multiples valuation method is lacking. While valuing firms using multiples seems straightforward at first glance, it actually implies several complications and open issues. To close this gap, Andreas Schreine...

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Bibliographic Details
Main Author: Schreiner, Andreas
Format: eBook
Language:English
Published: Wiesbaden Deutscher Universitätsverlag 2007, 2007
Edition:1st ed. 2007
Series:Schriften zum europäischen Management
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary:In spite of the widespread usage of multiples in practice, relevant research related to the multiples valuation method is lacking. While valuing firms using multiples seems straightforward at first glance, it actually implies several complications and open issues. To close this gap, Andreas Schreiner examines the role of multiples in equity valuation. He transforms the standard multiples valuation method into a comprehensive framework for using multiples in valuation practice, which corresponds to economic theory and is consistent with the results of a broad empirical study of European and U.S. equity markets
Physical Description:XXV, 173 p online resource
ISBN:9783835095311