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标题: Reading 44: Market-Based Valuation: Price and Enterprise Val [打印本页]

作者: 土豆妮 时间: 2011-3-18 16:01 标题: [2011]Session 11-Reading 44: Market-Based Valuation: Price and Enterprise Val

Session 12: Equity Investments: Valuation Models
Reading 44: Market-Based Valuation: Price and Enterprise Value Multiples

LOS t: Explain the use of stock screens in investment management.

An analyst queries a database of 10,000 stocks based on values of P/E, P/B, EV/EBITDA. The query output is a list of stocks which meet the criteria. This is most commonly referred to as:

A)
a stock screen.

B)
a multi-phase analysis.

C)
the relative valuation method.

A stock screen applies a filter to a broad universe of stocks and responds with a list of only those stocks which meet the criteria.

作者: 土豆妮 时间: 2011-3-18 16:01

An analyst uses a database program to select all companies that meet the following characteristics:

P/E between 6 and 24
Earnings growth over last 3 quarters.
P/B less than 4.

This is an example of:

A)
momentum investing

B)
the prudent investor rule.

C)
a stock screen.

A stock screen searches a database and selects only those stocks which meet the specified criteria.

作者: 土豆妮 时间: 2011-3-18 16:01

An analyst is using a custom computer program to apply several criteria to the broad universe of stocks. The program output is a list of stocks which meet the criteria. This is most commonly referred to as:

A)
a stock screen.

B)
a multi-phase analysis.

C)
the relative valuation method.

A stock screen applies criteria to a broad universe of stocks and responds with a list of only those stocks which meet the criteria.

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