8 of 8 people found the following review helpful:
4.0 out of 5 stars
Valuation of companies, January 30, 2006
This review is from: Almanac of Business and Industrial Financial Ratios (2006) (Paperback)
Troy's Almanac of Business and Industrial Financial Ratios is always a great help in valuation middle sized companies in the U.S. Comparing financial ratios is critical in revealing financial shenanigans. But always remember, make the f/s data at first comparable and then calculate the ratios.
This book is solely a collection of financial ratios and does not include a discussion on the theoretical background. Thus it is only a buy for professionals (i.e., CPAs and investment bankers) involved in valuation projects and investment professionals (e.g., CFA charterholders). For private investors I would recommend the online sources of Barron's and WSJ for a brief comparison of financial ratios.
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