enterprise multiple
General Information

Which price ratio outperforms the enterprise multiple?

Which price ratio outperforms the enterprise multiple? In their very recent paper, “Analyzing Valuation Measures: A Performance Horse-Race over the past 40 Years,” Wes Gray and Jack Vogel asked, “Which valuation metric has historically performed the best?“- Gray and Vogel examine a range of price ratios over the period 1971 to 2010: Earnings to Market […]