Book description
An accessible, and intuitive, guide to stock valuation
Valuation is at the heart of any investment decision, whether that
decision is to buy, sell, or hold. In The Little Book of Valuation,
expert Aswath Damodaran explains the techniques in language that any
investors can understand, so you can make better investment decisions
when reviewing stock research reports and engaging in independent
efforts to value and pick stocks.
Page by page, Damodaran distills the fundamentals of valuation,
without glossing over or ignoring key concepts, and develops models
that you can easily understand and use. Along the way, he covers
various valuation approaches from intrinsic or discounted cash flow
valuation and multiples or relative valuation to some elements of real
option valuation.
- Includes case studies and examples that will help build your
valuation skills
- Written by Aswath Damodaran, one of today's most respected
valuation experts
- Includes an accompanying iPhone application (iVal) that makes
the lessons of the book immediately useable
Written with the individual investor in mind, this reliable guide
will not only help you value a company quickly, but will also help you
make sense of valuations done by others or found in comprehensive
equity research reports.
Aswath Damodaran is Professor of Finance at New
York University's Leonard N. Stern School of Business. He has been the
recipient of numerous awards for outstanding teaching, including the
NYU university-wide Distinguished Teaching Award, and was named one of
the nation's top business school teachers by BusinessWeek in 1994. He
has written or coedited numerous books, including Damodaran on
Valuation, Investment Valuation, Corporate Finance, Investment
Management, Investment Philosophies, and Applied Corporate Finance
(all published by Wiley), as well as The Dark Side of Valuation,
Investment Fables, and Strategic Risk Taking.
