Existence of the low price-earnings anomaly on the Stock Exchange of Singapore
This study seeks to investigate the existence and significance of the low P/E effect in the context of the Stock Exchange of Singapore (SES). The low P/E anomaly has received much attention and interest since Basu (1977), which provided substantial evidence of such an anomaly. This amounted to a con...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/10922 |
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| Institution: | Nanyang Technological University |
| Summary: | This study seeks to investigate the existence and significance of the low P/E effect in the context of the Stock Exchange of Singapore (SES). The low P/E anomaly has received much attention and interest since Basu (1977), which provided substantial evidence of such an anomaly. This amounted to a contradiction of the efficient market hypothesis (EMH). Further studies by several other researchers have also enhanced the understanding and extended the knowledge of the low P/E effect. |
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