The use of price-to-earnings-to-growth (PEG) ratios to predict share performance on the JSE
The effectiveness of the Price Earnings Growth ratio as a valuation tool has been a topical debate amongst analysts ever since being popularised by Lynch (1989). This study examines the appropriateness of the fair value criteria of a PEG of 1,0, as proposed by Lynch (PEGL), and compares this with th...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2012-06-01
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Series: | South African Journal of Business Management |
Online Access: | https://sajbm.org/index.php/sajbm/article/view/179 |