Relationship between price-earnings ratios and expected return of common stocks: The case of Malaysia
This paper investigates the relationship between PIE ratio of a stock and its expected return. Spearman rank correlatiOn, a nonparametric test, was used to test this relationship. ThIs study found significant relatIOnship between the two for the entire period 1980 to 1989 and for the sub-period 1980...
| Main Authors: | Ismail Ibrahim, Othman Yong |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
1991
|
| Online Access: | http://journalarticle.ukm.my/7938/ http://journalarticle.ukm.my/7938/1/765-1461-1-SM.pdf |
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