How to Evaluate a Business by Analogy. A Guide to Using Comparative Market Ratios

The book by the renowned finance specialist Elena Chirkova is dedicated to one of the least explored aspects of corporate finance — the applicability and correct use of the comparative method in valuation.The author not only helps financial analysts understand... the theoretical principles of comparative valuation and the nuances of using various comparative ratios, but also reveals the specifics of working with companies operating in emerging markets, primarily in Russia.The book is based on extensive practical material and includes examples from the author's personal experience. It is the first specialized textbook dedicated entirely to comparative valuation and has no analogs either in Russia or in the world.