Valuation Approaches and Metrics focuses on the theory and practice of valuation of companies and stocks, providing an invaluable overview of the topic from both a practical and scholarly perspective.

Valuation Approaches and Metrics reviews the finance literature on valuation and presents three approaches to valuation:

· discounted cash flow valuation relating the value of an asset to the present value of expected future cash flows on that asset.
· liquidation and accounting valuation built around valuing the existing assets of a firm using accounting estimates of value or "book value"
· relative valuation estimating the value of an asset by looking at the pricing of 'comparable' assets relative to a common variable like earnings, cash flows, book value or sales.

Valuation Approaches and Metrics should be required reading for both finance practitioners and researchers.