The Performance of IPO Equity Valuation Techniques:
Recent Evidences from China Stock Market

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The Performance of IPO Equity Valuation Techniques: Recent Evidences from China Stock Market

This paper uses financial forecasts and valuation information provided by lead underwriters to examine the valuation accuracy of Discounted Cash Flow (DCF) and Comparable Firm Multiples Methods on 50 IPOs in China market. The results show that P/E and P/B methods provide more accurate estimation of...

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Bibliographic Details
Main Author:	Feng, Qi
Format:	Dissertation (University of Nottingham only)
Language:	English
Published:	2011
Online Access:	https://eprints.nottingham.ac.uk/25112/

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