Re-rating your price earnings (P/E) multiple
South African Journal of Business Management
| Field | Value | |
| Title | Re-rating your price earnings (P/E) multiple | |
| Creator | Ward, Mike | |
| Description | Price earnings (P/E) multiples are commonly used by corporate financial managers as a measure of corporate performance and as a measure of corporate value. With this article an analysis of 74 companies is presented. Each company significantly changed its P/E multiple over a period of three years. The analysis shows that a 2% improvement in operating profit margin or a 2% reduction in financial risk achieved a 1% improvement in the P/E multiple. To a lesser extent, an improvement in the current ratio and in net asset value also resulted in an improved P/E multiple. | |
| Publisher | AOSIS | |
| Date | 1993-06-30 | |
| Identifier | 10.4102/sajbm.v24i2.865 | |
| Source | South African Journal of Business Management; Vol 24, No 2 (1993); 73-76 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/865/799
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