NYU Stern
Share / Print
Research in the News

Prof. Aswath Damodaran's research on equity risk premiums

cbs logo feature
Excerpt from CBS -- "New York University finance professor Aswath Damodaran examined the period 1960-2011 and found that if past returns were higher than average, future returns were more likely to be lower, and vice versa. However, Damodaran did find that forward-looking metrics like the earnings-to-price ratio (the inverse of the price-to-earnings ratio) actually had predictive value."

Read more