The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method

The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method

The Price-Earnings (P/E) Valuation Method estimates a firm's stock price as the product of its earnings and the P/E multiple determined from a set of comparable firms. This paper studies empirically the accuracy of the P/E valuation method when comparable firms are selected on the basis of the...

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Main Authors: Chua, Kok Hua, Leong, Peng Ham, Pang, Poh Yong
Other Authors: Yeo, Gillian Hian Heng
Format: Theses and Dissertations
Language:English
Published: 2009
Subjects:
DRNTU::Business::Finance::Equity
Online Access:http://hdl.handle.net/10356/20117
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Institution: Nanyang Technological University
Language: English
id sg-ntu-dr.10356-20117
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spelling sg-ntu-dr.10356-201172024-01-12T10:21:01Z The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method Chua, Kok Hua Leong, Peng Ham Pang, Poh Yong Yeo, Gillian Hian Heng Nanyang Business School DRNTU::Business::Finance::Equity The Price-Earnings (P/E) Valuation Method estimates a firm's stock price as the product of its earnings and the P/E multiple determined from a set of comparable firms. This paper studies empirically the accuracy of the P/E valuation method when comparable firms are selected on the basis of the market, industry, total asset, earnings growth, beta, individually and in pairs. The effect of firm size on the valuation accuracy was also examined. Master of Business Administration (Accountancy) 2009-12-14T08:17:57Z 2009-12-14T08:17:57Z 1994 1994 Thesis http://hdl.handle.net/10356/20117 en Nanyang Technological University 120 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Business::Finance::Equity
spellingShingle DRNTU::Business::Finance::Equity
Chua, Kok Hua
Leong, Peng Ham
Pang, Poh Yong
The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method
description The Price-Earnings (P/E) Valuation Method estimates a firm's stock price as the product of its earnings and the P/E multiple determined from a set of comparable firms. This paper studies empirically the accuracy of the P/E valuation method when comparable firms are selected on the basis of the market, industry, total asset, earnings growth, beta, individually and in pairs. The effect of firm size on the valuation accuracy was also examined.
author2 Yeo, Gillian Hian Heng
author_facet Yeo, Gillian Hian Heng
Chua, Kok Hua
Leong, Peng Ham
Pang, Poh Yong
format Theses and Dissertations
author Chua, Kok Hua
Leong, Peng Ham
Pang, Poh Yong
author_sort Chua, Kok Hua
title The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method
title_short The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method
title_full The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method
title_fullStr The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method
title_full_unstemmed The effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method
title_sort effect of using a portfolio of comparable firms on the accuracy of the price-earnings valuation method
publishDate 2009
url http://hdl.handle.net/10356/20117
_version_ 1789483055196405760

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