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Author | Topic: L2 assistance: Justified Price Multiples |
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AWR24 @2010-07-18 20:14:06 |
Dear All, Appreciate if someone can explain to me to derive the justified price multiples ratios from the normal ratios. for instance, the P/B ratios is mkt Price/BVPS. The justified P/B is ROE-g/r-g. Greatly appreciate your help. regards, |
CFA Discussion Topic: L2 assistance: Justified Price Multiples
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