Explore the intricacies of earnings multiples, focusing on the Price-to-Earnings (P/E) ratio, its calculation, interpretation, and application in equity valuation. Learn about the factors influencing P/E ratios, their limitations, and the introduction of the PEG ratio for enhanced investment analysis.
Explore the intricacies of relative valuation techniques, including P/E, P/B, and EV/EBITDA ratios, and learn how to effectively compare companies in the financial market.