Research ArticleOpen accessIn the keywordsThe Accuracy of MultiplesStauropoulos Antonios, Samaras Ioannis, Arsenos PanagiotisProblem statement: Equity valuation with the use of multiples is widely used by academics and practitioners concerning its functionality. This study aims to explore the sensitivity of three multiples in terms of accuracy. Approach: Price-to-Sales (P/S) multiple, the price-to-book value of equity (P/B) multiple and the Price-to-Earnings (P/E) multiple are three multiples under consideration, using both current and one-year-ahead earnings … …American Journal of Applied Sciences, Vol. 8, Issue 8 · 19 Jul 2011 · 6,838 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordCritical Elements of Foreign Currency Translation: A Worldwide Informational and Accounting ProblemPaul E. HoltThe purpose of this study is to describe and clarify the foreign currency translation problem and to suggest normative criteria by which various methodologies can be tested. The translation problem is presented as a set of four critical questions: (1) whether translation should be done, (2) what numbers to use to translate foreign currency accounts into the reporting currency, (3) … …American Journal of Economics and Business Administration, Vol. 5, Issue 2 · 27 Nov 2013 · 7,501 accessesView PDFCite