Who’s a major? A novel approach to peer group selection: Empirical evidence from oil and gas companies

This study presents a novel approach to selecting comparable companies in equity valuation. While valuation multiples is probably the most common valuation method in practice, discounted cash flow and residual income valuation models are advocated by academics. A key aspect in valuation by multiples...

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Bibliographic Details
Main Authors: Frank Asche, Bård Misund
Format: Article
Language:English
Published: Taylor & Francis Group 2016-12-01
Series:Cogent Economics & Finance
Subjects:
p/e
Online Access:http://dx.doi.org/10.1080/23322039.2016.1264538