Application of principal component analysis on equity valuation multiples: Evidence from Malaysian firms

• 主要な著者: Shittu, Isah, Che Ahmad, Ayoib, Ishak, Zuaini
• フォーマット: 論文
• 言語: English
• 出版事項: Othman Yeop Abdullah (OYA) Graduate School of Business, Universiti Utara Malaysia 2015
• 主題: HF5601 Accounting
• オンライン･アクセス: http://repo.uum.edu.my/18446/1/IPBJ%20%207%202%20%202015%20%2017-26.pdf; http://repo.uum.edu.my/18446/; http://www.oyagsb.uum.edu.my/images/ipbj/IPBJ_Vol._7_2_2015/2_17to26.pdf

Investment analysts often used equity valuation multiples to assess the performance of stocks in relation to likely future return to shareholders. Valuation multiples used by analysts are price to earnings, price to book value, price to cash flow and price to sales multiples. However, researchers ha...