Aswath Damodaran presents an approach for analyzing and using multiples (e.g., price-to-earnings and enterprise-value-to-EBITDA multiples) and comparable firms in valuation analysis...
Aswath Damodaran presents an approach for analyzing and using multiples (e.g., price-to-earnings and enterprise-value-to-EBITDA multiples) and comparable firms in valuation analysis. He also explains how to examine a range of earnings, book value, and revenue multiples and discusses how to use multiples wisely and catch abuses when they occur.