A dynamic model of bank valuation

C-Tier
Journal: Economics Letters
Year: 2016
Volume: 145
Issue: C
Pages: 15-18

Authors (2)

Bertsatos, Georgios (Centre for Planning) Sakellaris, Plutarchos (Athens University of Economics)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

We present a model of price-to-book (PB) valuation for banks that establishes a dynamic relationship between the PB valuation of equity and the cost of equity, expected growth of net income, and modified dividend payout ratio.

Technical Details

RePEc Handle
repec:eee:ecolet:v:145:y:2016:i:c:p:15-18
Journal Field
General
Author Count
2
Added to Database
2026-01-24