Assessing the Buyer’s Shares

Originally presented at the Alabama Bankers Association CEO Conference in Point Clear, Alabama, in this session, Jeff K. Davis, CFA addresses the following objectives:

  • Framing the Questions
  • Valuation Framework
  • Concept of Earning Power
  • Reconciling P/TBV and P/E
  • How Institutional Investors View Value
  • Great Stock vs Great Company