Franchise Value and the Price/Earnings Ratio

Name: Franchise Value and the Price/Earnings Ratio
Brand: Recyclivre
Author: Martin Leibowitz
ISBN: 9780943205212

Martin Leibowitz

15/01/1991
Research Foundation Of The Association For Investment Management & Research

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Couverture de Franchise Value and the Price/Earnings Ratio par Martin Leibowitz

Résumé

This monograph develops the franchise value approach to analyzing the prospective cash flows that determine a company's price-to-earnings ratio. The franchise factor model retains the simplicity and intuitive appeal of the dividend discount model, but it offers the advantages of flexibility in application and insight into the components of P/E growth.