In this paper, we evaluate alternative price multiples for equity valuation purposes in the Indian context. Data are taken from 145 large companies that satisfy our screening criteria. The sample companies cover 13 prominent sectors, and the study period covers the years 1990–2007. We generate...

The case presents a situation wherein an investment company based out of US wants to increase returns to its investors and how it chooses to invest in emerging markets. Then the case proceeds with a unanimous decision by the management to invest in Indian economy. It shows how the fund manager...

In this paper we studied the sectoral behavior of Indian capital market through relative valuation for a period over a period of 21 years. The period covered under the study is from 1990–2010. The study has been done both for a total period (1990–2010) and three sub-periods, viz....