The purpose of this article is to empirically examine the comparative accuracy of income oriented (Free cash flow to equity, Residual income model) and market oriented (Price to earnings multiple, Price to book value multiple and Price to sales multiple) valuation models for the Indian...

Purpose – Being a developing nation with huge opportunity of growth prospects the assessment of valuation models becomes important to have a more realistic value estimate. The purpose of this paper is to empirically examine the comparative accuracy and explanatory performance of discounted...

The purpose of this paper is to empirically examine the comparative accuracy and explanatory performance of discounted cash flow (DCF), residual income model (RIM), equity dividend (ED), P/E multiple (PE_M) and P/B multiple (PB_M) valuation models for the Indian banking sector and come up with a...

Purpose – The purpose of this paper is to empirically examine the comparative accuracy of income oriented (discounted cash flow, residual income model) and market oriented (P/E multiple, P/B multiple and P/S multiple) valuation models for the Indian service sector. Design/methodology/approach...