Intrinsic value estimates and its accuracy: Evidence from Indian manufacturing industry
The purpose of this article is to empirically examine the comparative accuracy of income oriented (Free cash flow to equity, Residual income model) and market oriented (Price to earnings multiple, Price to book value multiple and Price to sales multiple) valuation models for the Indian manufacturing...
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Format: | Article |
Language: | English |
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SpringerOpen
2016-12-01
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Series: | Future Business Journal |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2314721016300160 |