Page 69 - FINAL CFA I SLIDES JUNE 2019 DAY 12
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Session Unit 14:
Multiples Based on
49. Equity Valuation: Concepts and Basic Tools
Comparables
Calculate Renee’s lagging
P/E, P/CF, P/S, and P/B
ratios. Judge whether the
firm is undervalued or
overvalued using the
following relevant
industry averages for
tanties 20X3 and the firm’s
historical trend