Accounting Earning, Book Value and Cash Flow in Equity Valuation: An Empirical Study on CNX NIFTY Companies

2008 ◽  
Author(s):  
Santanu K. Ganguli
Keyword(s):  
Empirical Study ◽  
Cash Flow ◽  
Equity Valuation ◽  
Book Value

scholarly journals PENGARUH EARNING PER SHARE, PRICE TO BOOK VALUE, CASH FLOW OPERATING, STOCK RETURN, DIVIDEND PAYOUT RATIOTERHADAP PENILAIAN EKUITAS PERUSAHAAN

2018 ◽  
Vol 20 (3) ◽  
pp. 428
Author(s):  
Sharen Santoso Rafli, Yanti
Keyword(s):  
Interest Rates ◽  
Cash Flow ◽  
Significant Influence ◽  
Stock Return ◽  
Share Price ◽  
Equity Valuation ◽  
Dividend Payout ◽  
Book Value ◽  
Earnings Per Share ◽  
Retained Earnings

The purposeof this studyis to analyze the effect of Earnings Per Share, Price to Book Value, Cash Flow Operating, Stock Return, Dividend Payout Ratio to theEquity Valuation oncompanies listedinthe Indonesia Stock Exchange. A total sample of 47 manufacturing company was selected through purposive sampling method. The results of this study is the earnings per share, dividend payout ratio, and operating cash flow do not have significant influence on equity valuation. Conversely, the price-to-book value and stock return       have  significant influence on equity valuation. Suggestions for future research is to expand the period of research and use others independent variables that have not been tested in this study for example: sales, interest rates, retained earnings, stock price, and net income.

scholarly journals Is Cash Flow per Share Paternalism by U.S. Accounting Rule Makers Warranted? An Empirical Study

2015 ◽  
Vol 6 (4) ◽  
Author(s):  
Ning Du ◽  
John E. McEnroe
Keyword(s):  
Empirical Study ◽  
Cash Flow

Combining Earnings and Book Value in Equity Valuation

1998 ◽  
Vol 15 (3) ◽  
pp. 291-324 ◽  
Author(s):  
STEPHEN H. PENMAN
Keyword(s):  
Equity Valuation ◽  
Book Value

An Examination of the Effect of IT Investments on Firm Value: The Case of Y2K-Compliance Costs

2000 ◽  
Vol 14 (2) ◽  
pp. 95-108 ◽  
Author(s):  
Gopal V. Krishnan ◽  
Ram S. Sriram
Keyword(s):  
Information Technology ◽  
Stock Market ◽  
Firm Value ◽  
Market Value ◽  
Annual Reports ◽  
Equity Valuation ◽  
Compliance Costs ◽  
Book Value ◽  
It Investments ◽  
Share Prices

In this study, using the recent Y2-compliance expenditures as an example, we examine whether disclosures relating to investments in information technology (IT) were relevant to investors in assessing the market value of equity. We use a sample of 190 firms that disclosed estimates of total Y2K-compliance costs in their 1997 annual reports to examine the association between Y2K-compliance costs and share prices. We test the joint hypothesis that Y2K-compliance costs were relevant to equity valuation of firms that chose to become Y2K-compliant and that these costs were sufficiently reliable to be reflected in share prices. We find that estimates of Y2K-compliance costs were positively and significantly related to share prices after controlling for earnings, book value of equity, and other factors. We find that the stock market is not shortsighted, and consider investments in Y2K-remediation efforts a significant and value-increasing activity for the average firm.

A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation

1998 ◽  
Vol 15 (3) ◽  
pp. 343-383 ◽  
Author(s):  
STEPHEN H. PENMAN ◽  
THEODORE SOUGIANNIS
Keyword(s):  
Cash Flow ◽  
Equity Valuation

Discussion of “Combining Earnings and Book Value in Equity Valuation”

1998 ◽  
Vol 15 (3) ◽  
pp. 325-341 ◽  
Author(s):  
DAVID BURGSTAHLER
Keyword(s):  
Equity Valuation ◽  
Book Value
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