An accessible, and intuitive, guide to stock valuation
Valuation is at the heart of any investment decision, whether that
decision is to buy, sell, or hold. In The Little Book of Valuation,
expert Aswath Damodaran explains the techniques in language that any
investors can understand, so you can make better investment decisions
when reviewing stock research reports and engaging in independent
efforts to value and pick stocks.
Page by page, Damodaran distills the fundamentals of valuation, without
glossing over or ignoring key concepts, and develops models that you can
easily understand and use. Along the way, he covers various valuation
approaches from intrinsic or discounted cash flow valuation and
multiples or relative valuation to some elements of real option
valuation.
- Includes case studies and examples that will help build your valuation
skills
- Written by Aswath Damodaran, one of today's most respected valuation
experts
- Includes an accompanying iPhone application (iVal) that makes the
lessons of the book immediately useable
Written with the individual investor in mind, this reliable guide will
not only help you value a company quickly, but will also help you make
sense of valuations done by others or found in comprehensive equity
research reports.