Market-Based Valuation: Price and Enterprise Value Multiples

CFA Institute. (2026). Market-Based Valuation: Price and Enterprise Value Multiples: Price and Enterprise Value Multiples.

Type

Report

Intellectual base

Grey literature

Year

2026

Link

https://www.cfainstitute.org/insights/professional-learning/refresher-readings/2026/market-based-valuation-price-enterprise-value-multiples

Cited by

1 citation across 1 artifact.

Domain-specific

• Enterprise Value-to-Sales Ratio
  • Damodaran's published definition uses market equity plus market debt, minus cash, plus minority interests, and warns that book debt or book minority interest can misstate the intended market-value construct. CFA Institute similarly defines EV from debt, common and preferred equity, less cash and investments.

Verification

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