on price multiples. The sectoral analysis of 18 sectors of BSE 500 Index has been done for a total period of 1990–2010 …

period. The study also finds that we cannot judge all the sectors by classifying them with single high or low price multiples …

In this paper, we evaluate alternative price multiples for equity valuation purposes in the Indian context. Data are … combinations of these price multiples. The value driver combination book value-sales appears to be most efficient in terms of error …'s inequality coefficient. We find that price–to-earnings provide the best price forecast compared to the other three price …

In this paper, we examine the behaviour of price multiples in India from 1990–2007. The distributions of price … parameters for equity analysis in the Indian context. Further, sectors with high price multiples exhibit greater volatility in … between price multiples and their fundamental determinants. The cross-sectional linear models do not seem to be good …