C3.3. It isalsocommon tocompare firms ontheirprice-to-ebitda ratios. What arethemer. its of usingthismeasure? Whatare thedangers? Hint: ebitdaleaves something

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C3.3. It isalsocommon tocompare firms ontheirprice-to-ebitda ratios. What arethemer.

its of usingthismeasure? Whatare thedangers? Hint: ebitdaleaves something out.

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Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

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