Covers why accounting information is useful in the valuation of shares, the relative strengths and weaknesses of alternative valuation models such as the price-earnings ratio, return on capital employed, and economic value added.
Shows how creative accounting can affect valuation.
Three parts cover the fundamentals of accounting and finance, valuation models and stock market practice.
Comprehensive overview of valuation methods
Unique integration of the theory of valuation and the practice of financial statement analysis
Extracts from the Financial Times with a linking paragraph to reinforce relevance to practice
Simple numerical examples to support all stages of analysis
Draws upon author's experience of working with financial market practitioners.
Add to Exam Copy Bookbag
Print Product Information