Determining Value. Valuation Models And Financial Statements

This exciting new text addresses a primary concern of financial markets, namely the methods used to value companies. The book bridges a gap, focusing on two complementary dimensions. Firstly, it reviews and critically evaluates valuation models, such as the PE ratio, discounted cash flow and economic value added. Secondly, it practically analyzes the quality and availability of the financial statement data used in valuation models. It will be essential reading for financial market analysts as well as students of accounting and finance, including MBA students, and students taking professional examinations.