Business, Management and Accounting
6 years ago

Earnings and Price-to-Book Value Boost Share Prices for Construction Companies

1 view
SSRN Electronic Journal
Value Relevance of Accounting Information : An Empirical Study on Construction Companies Listed on Bombay Stock Exchange /
Geetanjali Purswani, P S Anuradha

Paper Summary

The study looked at how different financial numbers affect the stock prices of construction companies on the Bombay Stock Exchange. They used data from the companies and found that earnings per share and price-to-book value per share have a positive and important impact on the stock price.

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