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Growing Science » Management Science Letters » Earnings quality and P/E ratio: Evidence from Tehran Stock Exchange

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Management Science Letters
ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 4 Issue 8 pp. 1815-1824, 2014

Earnings quality and P/E ratio: Evidence from Tehran Stock Exchange Pages 1815-1824 Right click to download the paper Download PDF

Authors: Hassan Ghodrati, Jaber Ghanbari

📋 Author Affiliations:
Crossref Source: CrossRef

🔑 Keywords: Earning quality, Gross profit to sales ratio, Price to EPS Ratio, Profit variability

Abstract: This paper evaluates the impacts of earnings quality criteria on the ratio of price to earnings per share (P/E) on 88 accepted companies in Tehran Stock Exchange (TSE) over the period 2007- 2012. The results indicate that there was a positive and significant relationship between the P/E ratio and cash dividend. There is also a positive and significant relationship between P/E ratio as dependent variable and the gross profit ratio to sales. On the other hand, there is a significant reverse relationship between P/E ratio and the profit variability. However, no significant relationship exists between P/E as dependent variable and deferrals (accruals) variable.

How to cite this paper
APA: Ghodrati, H & Ghanbari, J. (2014). Earnings quality and P/E ratio: Evidence from Tehran Stock Exchange. Management Science Letters, 4(8), 1815-1824.
Chicago/Turabian: Ghodrati, H & Ghanbari, J. 2014. "Earnings quality and P/E ratio: Evidence from Tehran Stock Exchange." Management Science Letters 4, no. 8 (2014): 1815-1824.
AMA: Ghodrati, H & Ghanbari, J. Earnings quality and P/E ratio: Evidence from Tehran Stock Exchange. Management Science Letters. 2014;4(8):1815-1824.

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📚 Journal: Management Science Letters | 📅 Year: 2014 | 📖 Volume: 4 | 📄 Issue: 8 | 👁️ Views: 3226 | 📊 Crossref:

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