Drivers to equity valuation: Perpetuities or annuities approach? An application to the main European stock markets

  • Reis P
  • Augusto M
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Abstract

… Most executives use two or three valuation methods combined to obtain a company’s value. … value/EBITDA, price earnings ratio (PER), firm value/EBIT, price-book ratio and firm value/…

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Reis, P. M. N., & Augusto, M. (2019). Drivers to equity valuation: Perpetuities or annuities approach? An application to the main European stock markets. Journal of Business, 11(1), 27–48. https://doi.org/10.21678/jb.2019.986

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