I’m confused about an equity valuation concept. In the Forecasted Fundamentals approach we estimate the value calculated from fundamental factors i.e Justified P/E ratio. While in the market comparable approxh we compare market ratios of the company to a benchmark.
My question if can we compare justified P/E ratio of one company to another company’s Justified P/E ratio to determine over/undervalution?
Also, comparing market observed P/E ratio of company A to its justified P/E ratio, does that fall in the comparables approach of forecasted fundamentals?
Can we get a printable version of the CFAI online qbank?? Reading through these long questions on the screen and keep scrolling up and down isn’t practical at all
Looking to form a study group to meet and do practice questions together once a week? Full disclosure - I took the test last year and failed! Live and learn. I needed to do more practice questions!!
Best times are probably Sundays or Monday nights?
Recently moved to Arlington, VA and am hoping to connect with people in the area taking CFA Level II this upcoming June. Let me know if you’re interested!
Anyone interested in studying together for upcoming lvl 2 exam. Please PM me.
Study together. Pass together.
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