Why has the price/cash flow ratio become a popular measure of relative value during the recent past?

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Why has the price/cash flow ratio become a popular measure of relative value during the recent past? What factors would help explain a difference in this ratio for two firms?

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Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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Question Posted: Dec 17, 2014 10:41 AM

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Why has the price/cash flow ratio become a popular measure of relative value during the recent past?

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The pricecash flow ratio PCF has become more popular because of the increased ...View the full answer

Investment Analysis and Portfolio Management

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