This paper contains a collection and a classification of 75 errors seen in company valuations performed by financial analysts, investment banks and financial consultants. The author had access to most of the valuations that are referred to in this paper when consulting in purchases, sales and...

The price earnings (P/E) ratio is generally regarded as the most popular multiple used to value equity in practice. Although this is supported by evidence from practice, the use of the P/E ratio has not been substantiated by evidence from research. This article investigates the accuracy of the...

The price earnings (P/E) ratio is generally regarded as the most popular multiple used to value equity in practice. Although this is supported by evidence from practice, the use of the P/E ratio has not been substantiated by evidence from research. This article investigates the accuracy of the...