affects IPO valuation. Specifically, our results indicate that high profitability achieved before IPO allows to obtain a high … issue price to book value per share ratio. However, our results indicate that the relation between valuation during issuance …

The paper provides a research summary on the relation between the levels of valuation multiples and eight criteria of … between the four valuation multiples and the abovementioned criteria were tested. The key conclusions of the research are that … there can be observed certain dependence of price to earning valuation multiple on most of the tested size criteria. Low …