Investigating the Accuracy of Relative Valuation Models, P/E and P/B in Prediction of Initial Public Offering Price in Tehran Stock Exchange: 2001-2006
The main objective of this paper is to study the accuracy of the relative valuation models, P/E and P/B. We chose 75 companies which are listed in Tehran Stock Exchange from 2001 until 2006. The accuracy of relative valuation models in prediction of initial public offering price depends on selection...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
Allameh Tabataba'i University Press
2011-06-01
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Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
Subjects: | |
Online Access: | https://joer.atu.ac.ir/article_2592_fcb19d1f93cbb9813ba9a7f893bf18bf.pdf |