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...

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Bibliographic Details
Main Authors: MirFeiz Fallah Shams, Mahdi Rashno
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2011-06-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Online Access:https://joer.atu.ac.ir/article_2592_fcb19d1f93cbb9813ba9a7f893bf18bf.pdf