Penman / Pope Financial Statement Analysis for Value Investing

1. Auflage 2025
ISBN: 978-0-231-56092-4
Verlag: De Gruyter
Format: EPUB
Kopierschutz: 6 - ePub Watermark

E-Book, Englisch

Reihe: Heilbrunn Center for Graham & Dodd Investing Series

How should an investor challenge the market price and find value? This book provides a new lens, arguing that value investing is a matter of understanding the business through accounting.

Autoren/Hrsg.

Penman, Stephen

Pope, Peter F.

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen

Inhaltsverzeichnis

Preface
1. Opening the Book
2. Cheap Value Investing
3. Keeping a Book for Value Investing
4. Accounting for the Market Price
5. Accounting for Leverage
6. Accounting for Profitability
7. Accounting for Growth
8. Accounting for Risk to Value
9. Keeping the Book: The Anchoring Balance Sheet
10. Keeping the Book: The Anchoring Income Statement
11. Investing by the Book: Special Situations
12. Investing by the Book: Investing in Style
13. Keeping a Book on Liquidity and the Analysis of Credit Risk
14. Closing the Book
Index

Über Autor(innen)

Stephen Penman is the George O. May Professor Emeritus and special lecturer at Columbia Business School, as well as a distinguished professor at Bocconi University. His books include Accounting for Value (Columbia, 2010).

Peter F. Pope is emeritus professor of accounting at the London School of Economics and Political Science. He is the academic coordinator of the Institute of Quantitative Investment Research.