A New Price to Book Model that Splits Returns into Two Parts

This paper introduces a Price to Book model that splits the return on net assets (RoNA) into two parts - the return on existing net assets and that on future investment. It can be used in combination with the traditional Price to book model and will often be a more useful valuation tool

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Year of publication:	[2008]
Authors:	Turner, James C. G.
Publisher:	[2008]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (15 p)
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 2008 erstellt
Other identifiers:	10.2139/ssrn.1103945 [DOI]
Classification:	H43 - Project Evaluation; Social Discount Rate ; D61 - Allocative Efficiency; Cost-Benefit Analysis
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012725169