Multimedia Presentation Recorded 18 Nov 2010
Improving the Analysis and Use of Multiples
Aswath Damodaran presents an approach for analyzing and using multiples (e.g., price-to-earnings and enterprise-value-to-EBITDA multiples) and comparable firms in valuation analysis. He also explains how to examine a range of earnings, book value, and revenue multiples and discusses how to use multiples wisely and catch abuses when they occur.
About the Speaker(s)
Aswath Damodaran is the Kerschner Family Chair Professor of Finance at the Stern School of Business at New York University, where he teaches corporate finance and valuation to MBAs, executives, and practitioners. He is the author of five books on valuation, three books on corporate finance, and three books on portfolio management, and he was co-editor of the book Investment Management with Peter Bernstein. Professor Damodaran has published articles in a number of journals, including the Journal of Financial and Quantitative Analysis and the Journal of Finance. He was named the most popular US business school professor in a 2011 survey by Businessweek. Professor Damodaran also writes a popular blog, Musings on Markets. He holds an MBA and a PhD from the University of California, Los Angeles.