Investment Performance of Common Stocks in Relation to Their Price-Earnings Ratios: A Test of the Efficient Market Hypothesis

1977 The Journal of Finance 599 citations

Keywords

EarningsTest (biology)Investment (military)Relation (database)EconomicsSociologyManagementLawPolitical scienceAccountingComputer sciencePolitics

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Publication Info

Year
1977
Type
article
Volume
32
Issue
3
Pages
663-663
Citations
599
Access
Closed

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Sanjoy Basu (1977). Investment Performance of Common Stocks in Relation to Their Price-Earnings Ratios: A Test of the Efficient Market Hypothesis. The Journal of Finance , 32 (3) , 663-663. https://doi.org/10.2307/2326304

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DOI
10.2307/2326304