Excellent doc by Aswath Damodaran on "Price or Value" (Relative Valuation, Multiples approach vs Intrinsic Valuation approach).
Very useful document for investors, making you appreciate the pros/cons of each approach.
CC: @dmuthuk @Gautam__Baid
valueinvestorconference.com/2016/presentat…
My fav slides from the document.
✔️Intrinsic Value approach.
✔️Multiples based approach
✔️The dilemma faced in both approaches
✔️Conclusion
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