Which multiple, when?

  • Author:
    Geoff Robinson
  • Level:
    Intermediate to Advanced
  • Study time:
    Always adding content
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Course overview
The research note "Which Multiple, When?" offers a concise exploration of the different valuation multiples used by investment analysts, such as P/E, EV/EBITDA, and EV/Sales ratios. It critically assesses the circumstances under which each multiple is most effective and discusses their relevance throughout various phases of the business cycle. Aimed at equipping analysts with the acumen to choose the appropriate multiple in changing market scenarios, the note emphasizes the importance of context and timing in the application of these fundamental analytical tools.

What's included?

  • Fundamental research written by Geoff Robinson
  • Analyst-curated insights
  • Embedded podcasts
  • Embedded videos
  • Downloadable models, where applicable

Who should read this?

This research note is essential reading for investment analysts, portfolio managers, financial advisors, and anyone involved in equity research or corporate finance. It would also greatly benefit students of finance and business, as well as individual investors seeking to deepen their understanding of valuation techniques and their application across different market conditions.

Moreover, professionals involved in mergers and acquisitions, investment banking, and financial planning who require a nuanced appreciation of valuation metrics would find the insights particularly valuable.

Why TheInvestmentAnalyst.com?

We are the only training house that is able to bring top-ranked analyst experience into your classroom. We buck the trend. Most training businesses recruit junior ex-bankers to become their trainer. Our instructors cut their teeth teaching and then gain senior experience with investment banks.
We believe, you could not be in better hands.

Geoff Robinson FCA FMVA MFM

Thought leader, instructor, writer, financial influencer, Former UBS Managing Director and 8x #1 ranked analysts EMEA Institutional Investor Survey
Geoff has had a varied career. He was a Managing Director within UBS Equity Research, leading their Global Fundamental Analytics franchise. During this time, he was #1, ranked 8x in the EMEA Institutional Investor Survey. Before UBS, he was a material equity investor and LBO co-investor in two market exited training consultancies. Geoff has a passion for learning and is well-known for his ability to break down complex subject matter and distil it to an audience in a digestible and engaging manner. He brings this passion to TheInvestmentAnalyst.com.