Target P/E ratio determinants in the Turkish Stock Market: Earning volatility effect

This paper investigates that what are the determinants of target PE in the case of Turkish Stock Market. The general outputs: i) Projected dividend yield is the dominant factor on PE. ii) Boosted investments and growing top-line raise PE ratio. iii) PE ratios come down as companies’ financial levera...

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Bibliographic Details
Main Authors: Halil ARSLAN, Yuksel ILTAS, Temur KAYHAN
Format: Article
Language:English
Published: General Association of Economists from Romania 2017-12-01
Series:Theoretical and Applied Economics
Subjects:
PE
Online Access: http://store.ectap.ro/articole/1307.pdf