Valtrend - Butler Business Valuation

Market Approach: Guideline Publicly-traded Company Method

This is a collection of some of Peter Butler's articles that have been published in various publications. Each is a PDF file that must be downloaded to view. (If you don't have a PDF reader, click here to download Adobe for free)

Title: The Guideline Publicly Traded Company Method and the Market Value of "Invested" Capital: Should Market Value of "Stakeholder" Capital be the Appropriate Reference?

Abstract: If a business appraiser ignores the value of employee stock options when calculating the market value of invested capital (MVIC) for guideline publicly traded companies, the appraiser may significantly undervalue his or her subject company, all else being equal.

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