Application of principal component analysis on equity valuation multiples: Evidence from Malaysian firms
Investment analysts often used equity valuation multiples to assess the performance of stocks in relation to likely future return to shareholders. Valuation multiples used by analysts are price to earnings, price to book value, price to cash flow and price to sales multiples. However, researchers ha...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Othman Yeop Abdullah (OYA) Graduate School of Business, Universiti Utara Malaysia
2015
|
Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/18446/1/IPBJ%20%207%202%20%202015%20%2017-26.pdf |