Do sales-price and debt-equity explain stock returns better than book-market and firm size?

Financial Analysts Journal

Volumn 52, Issue 2, 1996, Pages 56-60

  Barbee Jr , William C ^a   Mukherji, Sandip ^a   Raines, Gary A ^b  

^a HOWARD UNIVERSITY   (United States)

^b UNIVERSITY OF CINCINNATI   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040583877     PISSN: 0015198X     EISSN: None     Source Type: Journal    
DOI: 10.2469/faj.v52.n2.1980     Document Type: Article

References (11)

1. Sec K.L. Fisher, Super Stocks (Dow Jones-Irwin: Homewood, Illinois, 1984).
2. L.C. Bhandari, "Debt/Equity Ratio and Expected Common Stock Returns: Empirical Evidence," The Journal of Finance, vol. 43, no. 2 (June 1988)507-28.
3. E.F. Fama and K.R. French, "The Cross-Section of Expected Stock Returns," The Journal of Finance, vol. 47, no. 2 (June 1992):427-65.
4. E.F. Fama and K.R. French, "Common Risk Factors in the Returns on Stocks and Bonds," Journal of Financial Economics, vol. 33, no. 1 (March 1993):3-56.
5. S.P. Kothari, J. Shanken, and R.G. Sloan, "Another Look at the Cross-Section of Expected Stock Returns," The Journal of Finance, vol. 50, no. 1 (March 1995):185-224.
6. E.F. Fama and K.R. French, "Size and Book-to-Market Factors in Earnings and Returns," The Journal of Finance, vol. 50, no. 1 (March 1995):131-55.
7. Kothari, Shanken, and Sloan, "Another Look at the Cross-Section of Expected Stock Returns," p. 221.
8. B. Lev, "On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research," Journal of Accounting Research, vol. 27, supplement (1989)53-192. See p. 173 for quoted material.
9. M.R. Reinganum, "Misspecification of Capital Asset Pricing: Empirical Anomalies Based on Earnings Yields and Market Values," Journal of Financial Economics, vol. 9, no. 1 (March 1981):19-46.
10. W.C. Barbee, Jr., "Forecasting the Performance of a Company's Common Stock with a Model Based on the Sales/Price Ratio," Spectrum (Fall 1989):45-49.
11. Fisher, Super Stocks, p. 237.