Valuation Approaches and Metrics (Foundations and Trends in Finance)

Abstract
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Contents
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1. Introduction
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1.1 Overview of Valuation
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2.1 Essence of Discounted Cashflow Valuation
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2.2 Discount Rate Adjustment Models
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2.3 Certainty Equivalent Models
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2.4 Excess Return Models
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2.5 Adjusted Present Value Models
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3. Liquidation and Accounting Valuation
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3.1 Book Value Based Valuation
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3.2 Liquidation Valuation
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4. Relative Valuation
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4.1 Basis for Approach
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4.2 Standardized Values and Multiples
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4.3 Determinants of Multiples
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4.4 Comparable Firms
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4.5 Controlling for Differences Across Firms
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4.6 Reconciling Relative and Discounted Cash Flow Valuations......Page 88
5. Directions for Future Research
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6. Conclusion
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References
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