The Articulation of Price-Earnings Ratios and Market-to-Book Ratios and the Evaluation of Growth

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Bibliographic Details
Published in:Journal of accounting research 1996-10, Vol.34 (2), p.235-259
Main Author: Penman, Stephen H.
Format: Article
Language:English
Subjects:
Accounting policies
Base year
Book value
Capital costs
Discount rates
Dividends
Equity
Investment return rates
Median income
Profitability index
Ratios
Return on equity
Securities markets
Statistical median
Stock exchanges
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ISSN:0021-8456
1475-679X
DOI:10.2307/2491501