VALUATION - P-E Forwards and Their Orbits - In equilibrium, the forward P-Es for a high-growth stock should follow a descendin "orbit" Great care should thus be taken before casually projecting today's P-E to any future valuation date
Year of publication: |
1999
|
---|---|
Authors: | Leibowitz, Martin L. |
Published in: |
Financial analysts' journal : FAJ. - Charlottesville, Va : CFA Institute, ISSN 0015-198X, ZDB-ID 2194090. - Vol. 55.1999, 3, p. 33-47
|
Saved in:
Saved in favorites
Similar items by person
-
Valuation of corporate securities : applications of contingent claims analysis
Leibowitz, Martin L., (1985)
-
A shortfall approach to the creditor's decision : how much leverage can a firm support?
Leibowitz, Martin L., (1990)
-
Duration targeting and the management of multiperiod returns
Langetieg, Terence C., (1990)
- More ...