Theoretical review of the role of financial ratios

DS Nadar, B Wadhwa - Available at SSRN 3472673, 2019 - papers.ssrn.com
Purpose–Financial ratios are an instrumental tool in the world of finance and hence
comprehensive knowledge of its various aspects is mandated for its user. This study aims at …

Valuation ratios and price deviations from fundamentals

J Coakley, AM Fuertes - Journal of Banking & Finance, 2006 - Elsevier
This paper sheds light on US stock price deviations from fundamentals by analyzing the time-
series dynamics of post-1870 S&P valuation ratios. It employs a non-linear, two-regime …

[PDF][PDF] Interactions among stock price and financial ratios: The case of Turkish banking sector

E Meriç, M Kamışlı, F Temizel - Applied Economics and Finance, 2017 - academia.edu
One of the important variables for investors is the price of stocks and so that the variables
that affect the price of the stocks. There are many indicators and methods such as …

Stock prices–inflation puzzle and the predictability of stock market returns

C Boucher - Economics Letters, 2006 - Elsevier
This paper considers a new perspective on the relationship between stock prices and
inflation, by estimating the common long-term trend in the earning–price ratio and inflation …

An Empirical investigation of the relationship among P/E Ratio, stock return and dividend yiels for Istanbul Stock Exchange

FH Sezgin - International Journal of Economics and Finance …, 2010 - dergipark.org.tr
The price to earnings ratio (P/E) is widely used, particularly by practitioners, as a measure of
relative stock valuation. Price to earnings is an indicator which indicates current mood of …

[PDF][PDF] The market P/E ratio, earnings trends, and stock return forecasts

RA Weigand, R Irons - The Journal of Portfolio Management, 2007 - researchgate.net
Our results indicate that the average relation between future earnings and returns and the
market P/E ratio is similar for both measures of the P/E, except in the case of very high …

US stock market P/E ratios, structural breaks, and long-term stock returns

C Baek, I Lee - Journal of Business Economics and Management, 2018 - jau.vgtu.lt
Our study investigates structural changes in the market P/E ratio and shows how structural
changes affect long-term stock market returns. Using the cumulative sum control chart and …

An empirical analysis of mean reversion of the S&P 500's P/E ratios

R Becker, J Lee, BE Gup - Journal of Economics and Finance, 2012 - Springer
Numerous authors have suggested that the price-earnings (P/E) ratio can be used to predict
the future movement of stock prices. Such arguments are based on the belief that P/E ratios …

Stock price swings and fundamentals: The role of Knightian uncertainty

N Mangee - International Review of Financial Analysis, 2024 - Elsevier
As deviations of stock prices from intrinsic values grow, there is a concurrence of novel
events that impart instability and, thus, greater uncertainty, onto investors' understanding of …

International price earnings and country risk model in an Asian context

M Arayssi, N Yassine - Journal of Asia Business Studies, 2024 - emerald.com
Purpose This paper aims to estimate a statistical model of the country risk determination as
represented by the country price earnings ratio (PE) to identify potentially mispriced …