پیش‌بینی عملکرد آتی شرکت با استفاده از نسبت‌های P/E و P/B در بورس اوراق بهادار تهران

This research examines the future firm performance regarding to p/e and p/b ratios. for this purpose, fairfield residual income, and danielson and dowdell return-stages appraisal models valuation have been used for prediction of future performance of tehran stock exchange firms in the period of 1380-1384. research findings relatively confirm predictions of both models. this means that different combinations of p/e – p/b ratios draw an image of firm investors' expectations from the company's future performance.