Equity Valuation Using Multiples: An Empirical Investigation
Andreas Schreiner
Equity Valuation Using Multiples: An Empirical Investigation
Andreas Schreiner
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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.
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