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Volumn 30, Issue 2, 2001, Pages 93-124

The return-stages valuation model and the expectations within a firm's P/B and P/E ratios

Author keywords

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Indexed keywords


EID: 0040440268     PISSN: 00463892     EISSN: None     Source Type: Journal    
DOI: 10.2307/3666407     Document Type: Article
Times cited : (17)

References (15)
  • 2
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    • Danielson, M.G.1
  • 3
    • 0002261146 scopus 로고
    • P/E, P/B, and the present value of future dividends
    • Fairfield, P.M., 1994, "P/E, P/B, and the Present Value of Future Dividends," Financial Analysts Journal 50, 23-31.
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    • Fairfield, P.M.1
  • 4
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • Fama, E.F. and K.R. French, 1992, "The Cross-Section of Expected Stock Returns," Journal of Finance 47, 427-465.
    • (1992) Journal of Finance , vol.47 , pp. 427-465
    • Fama, E.F.1    French, K.R.2
  • 5
    • 84993845943 scopus 로고
    • Size and book-to-market factors in earnings and returns
    • Fama, E.F. and K.R. French, 1995, "Size and Book-to-Market Factors in Earnings and Returns," Journal of Finance 50, 131-155.
    • (1995) Journal of Finance , vol.50 , pp. 131-155
    • Fama, E.F.1    French, K.R.2
  • 6
    • 0002442960 scopus 로고
    • On the misuse of accounting rates of return to infer monopoly profits
    • Fisher, F.M. and J.J. McGowan, 1983, "On the Misuse of Accounting Rates of Return to Infer Monopoly Profits," American Economic Review 73, 82-97.
    • (1983) American Economic Review , vol.73 , pp. 82-97
    • Fisher, F.M.1    McGowan, J.J.2
  • 7
    • 0039604690 scopus 로고    scopus 로고
    • Long-term performance of seasoned equity offerings: Benchmark errors and biases in expectations
    • Jegadeesh, N., 2000, "Long-Term Performance of Seasoned Equity Offerings: Benchmark Errors and Biases in Expectations," Financial Management 29, 5-30.
    • (2000) Financial Management , vol.29 , pp. 5-30
    • Jegadeesh, N.1
  • 8
    • 0039045654 scopus 로고    scopus 로고
    • Franchise valuation under Q-type competition
    • Leibowitz, M.L., 1998, "Franchise Valuation Under Q-Type Competition," Financial Analysts Journal 54, 62-74.
    • (1998) Financial Analysts Journal , vol.54 , pp. 62-74
    • Leibowitz, M.L.1
  • 10
    • 0031503561 scopus 로고    scopus 로고
    • Competitive advantage period: The neglected value driver
    • Mauboussin, M. and P. Johnson, 1997, "Competitive Advantage Period: The Neglected Value Driver," Financial Management 26, 67-74.
    • (1997) Financial Management , vol.26 , pp. 67-74
    • Mauboussin, M.1    Johnson, P.2
  • 12
    • 0001699517 scopus 로고
    • Dividend policy, growth, and the valuation of shares
    • Miller, M.H. and F. Modigliani, 1961, "Dividend Policy, Growth, and the Valuation of Shares," Journal of Business 34, 411-433.
    • (1961) Journal of Business , vol.34 , pp. 411-433
    • Miller, M.H.1    Modigliani, F.2
  • 13
  • 14
    • 0030241930 scopus 로고    scopus 로고
    • The articulation of price-earnings ratios and market-to-book ratios and the evaluation of growth
    • Penman, S. H., 1996, "The Articulation of Price-Earnings Ratios and Market-to-Book Ratios and the Evaluation of Growth," Journal of Accounting Research 34, 235-259.
    • (1996) Journal of Accounting Research , vol.34 , pp. 235-259
    • Penman, S.H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.