Price And Value

Author : George Calhoun
Publisher : Apress
Page : 412 pages
File Size : 51,7 Mb
Release : 2020-02-03
Category : Business & Economics
ISBN : 9781484255520

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Price and Value by George Calhoun Pdf

Understand how to use equity market metrics such as the price/earnings ratio (and other multiples) to value public and private enterprises. This essential book gives you the tools you need to identify and qualify investments and assess business strategy and performance. Author George Calhoun, Founding Director of the Quantitative Finance Program at Stevens Institute of Technology, shows you how to use metrics to appraise mergers, acquisitions, and spin-offs. You will be able to shed light on financial market conditions, benchmark fair value assessments, and check and calibrate complex cash flow models. Market multiples share a peculiar construction: they are based on an explicit apples-to-oranges comparison of market prices with accounting fundamentals, combining data derived from two very different sources and methodologies. This creates ambiguities in interpretation that can complicate the application of these metrics for the many purposes. Multiples are thus easy to construct, but they can be difficult to interpret. The meanings of certain multiples have evolved over time, and new-and-improved versions have been introduced. The field is becoming more complex and the question of which metrics perform best can be a source of controversy. What You Will Learn Know the definitions, interpretations, and applications of all major market ratios, including: price/earnings (trailing and forward), cyclically adjusted price/earnings, cash-adjusted price/earnings, EV/EBITDA, price/sales, dividend yield, and many moreExamine the factors that drive the values of ratios from firm level (such as earnings growth, leverage, and governance) to market level (such as inflation, tax and fiscal policy, monetary policy, and international characteristics)Apply metrics in: investment analysis, index construction, factor models, sum-of-the-parts analysis of corporate structures, and detection of asset bubbles Who This Book Is For Professionals at all levels working in the finance industry, especially in fields related to investment management, trading, and investment banking who are involved with valuation and assessing and advising on corporate transactions and interpreting market trends, and university students in finance-related programs at the undergraduate and graduate levels

Author : Andreas Hinterhuber,Todd C. Snelgrove
Publisher : Routledge
Page : 303 pages
File Size : 41,9 Mb
Release : 2021-12-27
Category : Business & Economics
ISBN : 9781000515190

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Value First, Then Price by Andreas Hinterhuber,Todd C. Snelgrove Pdf

Value-based pricing – pricing a product or service according to its value to the customer rather than its cost – is the most effective and profitable pricing strategy. Value First, Then Price is an innovative collection that proposes a quantitative methodology to value pricing and road-tests this methodology through a wide variety of real-life industrial and B2B cases. This book offers a state-of-the art and best practice overview of how leading companies quantify and document value to customers. In doing so, it provides students and researchers with a method by which to draw invaluable data-driven conclusions, and gives sales and marketing managers the theories and best practices they need to quantify the value of their products and services to industrial and B2B purchasers. The 2nd edition of this highly-regarded text has been updated in line with current research and practice, offering three new chapters covering new case studies and best practice examples of quantified value propositions, the future of value quantification, and value quantification for intangibles. With contributions from global industry experts this book combines cutting edge research on value quantification and value quantification capabilities with real-life, practical examples. It is essential reading for postgraduate students in Sales and Marketing with an interest in Pricing Strategy, sales and pricing specialists, as well as business strategists, in both research and practice.

Author : Andreas Hinterhuber,Todd C. Snelgrove
Publisher : Taylor & Francis
Page : 243 pages
File Size : 46,7 Mb
Release : 2016-10-04
Category : Business & Economics
ISBN : 9781317326182

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Value First then Price by Andreas Hinterhuber,Todd C. Snelgrove Pdf

Winner of the Overall Case Award 2014 The Case Centre best selling case 2013 - 2017 Value-based pricing—pricing a product according to its value to the customer rather than its cost—is the most effective and profitable pricing strategy. Buyers need to evaluate the monetary benefits of a product against the price of its competitors. Sellers justify their price points through documenting the value of a product, emphasising its superiority against competitors and therefore justifying the premium price. Value First then Price is an innovative collection which proposes a quantitative methodology to value pricing, and road-tests this methodology through a wide variety of real-life industrial cases. It provides a state-of-the art and best practice overview of how leading companies quantify and document value to customers. In doing so, this book provides researchers with a method by which to draw invaluable data-driven conclusions, and sales and marketing managers the theories and best practices they need to quantify the value of their products to demanding, hard-nosed industrial purchasers. With contributions from global industry experts this book provides cutting edge research on value quantification and value quantification capabilities with real-life, practical examples. It will be essential reading for sales and pricing specialists as well as business strategists, in both research and practice.

Author : Phil Town
Publisher : Crown Currency
Page : 405 pages
File Size : 55,9 Mb
Release : 2006-03-21
Category : Business & Economics
ISBN : 9780307345752

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Rule #1 by Phil Town Pdf

#1 NEW YORK TIMES BESTSELLER • “The clearest and best book out there to get you on the path to riches. This one’s special!”—Jim Cramer, host of CNBC’s Mad Money “Great tools for anyone wanting to dabble in the stock market.”—USA Today Phil Town is a very wealthy man, but he wasn’t always. In fact, he was living on a salary of $4,000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true “rules” are and how to make them work in one’s favor. Chief among them, of course, is Rule #1: “Don’t lose money.” In this updated edition to the #1 national bestseller, you’ll learn more of Phil’s fresh, think-outside-the-box rules, including: • Don’t diversify • Only buy a stock when it’s on sale • Think long term—but act short term to maximize your return • And most of all, beat the big investors at their own game by using the tools designed for them! As Phil demonstrates in these pages, giant mutual funds can’t help but regress to the mean—and as we’ve all learned in recent years, that mean could be very disappointing indeed. Fortunately, Rule #1 takes readers step-by-step through a do-it-yourself process, equipping even the biggest investing-phobes with the tools they need to make quantum leaps toward financial security—regardless of where the market is headed.

Author : Howard Steven Friedman
Publisher : University of California Press
Page : 231 pages
File Size : 47,8 Mb
Release : 2021-05-05
Category : Business & Economics
ISBN : 9780520383128

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Ultimate Price by Howard Steven Friedman Pdf

How much is a human life worth? Individuals, families, companies, and governments routinely place a price on human life. The calculations that underlie these price tags are often buried in technical language, yet they influence our economy, laws, behaviors, policies, health, and safety. These price tags are often unfair, infused as they are with gender, racial, national, and cultural biases that often result in valuing the lives of the young more than the old, the rich more than the poor, whites more than blacks, Americans more than foreigners, and relatives more than strangers. This is critical since undervalued lives are left less-protected and more exposed to risk. Howard Steven Friedman explains in simple terms how economists and data scientists at corporations, regulatory agencies, and insurance companies develop and use these price tags and points a spotlight at their logical flaws and limitations. He then forcefully argues against the rampant unfairness in the system. Readers will be enlightened, shocked, and, ultimately, empowered to confront the price tags we assign to human lives and understand why such calculations matter.

Author : Mariana Mazzucato
Publisher : Penguin UK
Page : 384 pages
File Size : 42,9 Mb
Release : 2018-04-26
Category : Business & Economics
ISBN : 9780241188828

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The Value of Everything by Mariana Mazzucato Pdf

Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.

Author : Tara Joyce
Publisher : Unknown
Page : 0 pages
File Size : 53,9 Mb
Release : 2023-01-23
Category : Business & Economics
ISBN : 1771806044

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Pay What It's Worth by Tara Joyce Pdf

What if the customer determined the price they pay based upon the value they receive? How might that change things? Pay What It's Worth pricing is a system allowing for a different way of valuing the products, services, and experiences we have and exchange with others. Each of us has the power and ability to create our own economy, and approach to valuing products and services. In Pay What It's Worth: You Don't Need to Set a Price on Value, you'll explore the power and potential, as well as the pitfalls, of not setting prices. Mutually beneficial exchanges are possible and sustainable for you, as a business owner, and as a customer. Your integrity is your most valuable wealth creation tool.

Author : Anonim
Publisher : Unknown
Page : 68 pages
File Size : 48,8 Mb
Release : 1955
Category : Cotton
ISBN : UVA:X030229378

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Cotton and Cottonseed, Acreage, Yield, Production, Disposition, Price, Value, by States by Anonim Pdf

Author : Michael C Janda
Publisher : Independently Published
Page : 208 pages
File Size : 50,6 Mb
Release : 2019-02-07
Category : Electronic
ISBN : 1794390146

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The Psychology of Graphic Design Pricing by Michael C Janda Pdf

Learn how to price creative work with confidence. Win more bids. Make more money. When it comes to pricing their work, far too many freelance designers and agencies merely guess what to charge their clients. As a result, profitable projects have as much to do with luck as they do anything else. In The Psychology of Graphic Design Pricing, you'll learn how to take luck out of the equation by calculating the cost to produce your work, understanding its market value, and extracting your client's budget. These three variables are used in a pricing spectrum, empowering you to price your work with confidence and profitability in every project opportunity. This book will teach you how to calculate your production costs, understand market value, extract your client's budget, bid with the right project price, and increase your profitability.

Author : Michael Hutter,David Throsby
Publisher : Cambridge University Press
Page : 299 pages
File Size : 40,7 Mb
Release : 2008
Category : Art
ISBN : 9780521862233

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Beyond Price by Michael Hutter,David Throsby Pdf

This book explores the tensions between economic and cultural value from a range of disciplines.

Author : Aswath Damodaran
Publisher : John Wiley & Sons
Page : 696 pages
File Size : 44,6 Mb
Release : 2016-02-08
Category : Business & Economics
ISBN : 9780470049372

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Damodaran on Valuation by Aswath Damodaran Pdf

"Aswath Damodaran is simply the best valuation teacher around. If you are interested in the theory or practice of valuation, you should have Damodaran on Valuation on your bookshelf. You can bet that I do." -- Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management and author of More Than You Know: Finding Financial Wisdom in Unconventional Places In order to be a successful CEO, corporate strategist, or analyst, understanding the valuation process is a necessity. The second edition of Damodaran on Valuation stands out as the most reliable book for answering many of today?s critical valuation questions. Completely revised and updated, this edition is the ideal book on valuation for CEOs and corporate strategists. You'll gain an understanding of the vitality of today?s valuation models and develop the acumen needed for the most complex and subtle valuation scenarios you will face.

Author : United States. Crop Reporting Board
Publisher : Unknown
Page : 32 pages
File Size : 42,5 Mb
Release : 1967
Category : Sugar beet industry
ISBN : UVA:X030377875

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Sugarbeets: Acreage, Yield, Production, Price, Value by United States. Crop Reporting Board Pdf

Author : Anonim
Publisher : Unknown
Page : 1440 pages
File Size : 43,5 Mb
Release : 1957
Category : Field crops
ISBN : STANFORD:36105019613772

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Field and Seed Crops, by States ..., Farm Disposition, Season Average Price, Value of Production, Value of Sales, Revised Estimates by Anonim Pdf

Author : Brian Nichols
Publisher : McGraw Hill Professional
Page : 256 pages
File Size : 44,5 Mb
Release : 2013-01-25
Category : Business & Economics
ISBN : 9780071804691

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Taking Charge with Value Investing: How to Choose the Best Investments According to Price, Performance, & Valuation to Build a Winning Portfolio by Brian Nichols Pdf

THE ALHPA SEEKER’S GUIDE TO VALUE STOCKS When to buy them. How long to hold them. When to sell them. “This book will be welcomed by anyone looking to break free from their financial advisor and manage their own savings.” —DAVID JACKSON, founder and CEO, Seeking Alpha® “The world is an uncertain place. This uncertainty impacts the financial markets as much, if not more, than any other space. But don’t be afraid! Brian Nichols provides a personal, experience-based, and highly accessible framework for taking your investment portfolio into your own hands. There’s nothing pretentious or complicated about Brian’s approach. It’s straightforward common sense on how to invest in the stock market.” —ROCCO PENDOLA, Director of Social Media at TheStreet.com and cofounder of the Options Investing Newsletter “For investors who want discipline, or who want to escape the addiction of day trading, this book is for you.” —GARY ANDERSON, author of Will Rogers and “Business Insider” Contributor “I am pleased and honored to publish Brian Nichols’ articles on Market Playground and interview him on my radio program. With his new book, Brian brings his vast array of investing knowledge to the masses!” —DEMIAN RUSSIAN, Editor-in-Chief, Market Playground There’s more to investing than “Buy low, sell high.” DISCOVER THE ALPHA SECRET TO VALUE INVESTING Every financial quarter, more than 1.5 mil¬lion investors turn to Brian Nichols’ acclaimed “Seeking Alpha” columns for his insider tips on value investing. No matter what’s going on in the market, he’s got an uncanny knack for spotting the hottest stocks, the latest trends, and the greatest opportunities. Now—due to popular demand—he’s distilled his best-kept secrets into one comprehensive, easy-to-use guide for “seeking alpha” and maximizing profits in any market. You’ll learn how to: Take charge of your financial future Understand how hedge funds really work Determine if a company is a good investment Make smarter decisions based on value Use psychology to outthink the market Avoid the pitfalls of emotional investors Build a killer portfolio for long-term success Filled with step-by-step strategies for choosing stocks, how-to tips for maximizing investments, and first-hand stories of high risks and higher rewards, this is a must-have guide for any investor who appreciates the value of “value.” You’ll learn what the industry insiders really think about the recession, stock bubbles, balance sheets, cash flow, stock metrics, and other fundamentals of investing. You’ll discover the surprising effects of human psychology on the rise and fall of the market—and learn how to keep your head and your money intact during times of extreme behavioral selling. You’ll see how companies like Netflix and Apple weathered the storms of our ever-changing economy—and what it ultimately means for shareholders. Most important, you’ll discover the most valuable lessons an investor can learn from taking a loss—without losing anything yourself. When you’re seeking alpha, you’re looking for value. In companies. In stocks. In your own financial future. That’s value investing at its building for a lifetime.

Author : Andreas Schreiner
Publisher : Springer Science & Business Media
Page : 191 pages
File Size : 41,7 Mb
Release : 2009-04-15
Category : Business & Economics
ISBN : 9783835095311

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Equity Valuation Using Multiples by Andreas Schreiner Pdf

Andreas Schreiner examines the role of multiples in equity valuation. He transforms the standard multiples valuation method into a comprehensive framework for using multiples in valuation practice, which corresponds to economic theory and is consistent with the results of a broad empirical study of European and U.S. equity markets.