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https://ptsldigital.ukm.my/jspui/handle/123456789/784114| Title: | The optimal price-earnings ratio |
| Authors: | Chaipat Sahasakul Maris Tarab |
| Conference Name: | Pacific-Basin Finance Conference |
| Keywords: | Price earning ratio |
| Conference Date: | 1990-06-04 |
| Conference Location: | Bangkok, Thailand |
| Abstract: | This paper reviews some basic concepts of price-earnings (P/E) ratio and derives a formula for the optimal P/E ratio which is consistent with the concept of stock price valuation (the present value of a perpetual stream of cash dividends). We hypothesize that a discrepancy between actual and optimal P/E ratios will give some clues on the future trend of the market. |
| Pages: | 90 |
| Call Number: | HC681.P338 1990 katsem |
| URI: | https://ptsldigital.ukm.my/jspui/handle/123456789/784114 |
| Appears in Collections: | Seminar Papers/ Proceedings / Kertas Kerja Seminar/ Prosiding |
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