The #1 best-selling guide to business valuation, newly updated and revised
Valuation: Measuring and Managing the Value of Companies has been the gold standard in measuring and managing company value for more than 30 years. Now in its eighth edition, this acclaimed volume continues to help corporate executives, bankers, students, and other financial professionals around the world gain a deep understanding of valuation as well as allow their companies to create and maximize economic value.
Called "the best practitioners' guide to valuation" by The Financial Times and "the most influential contemporary books about the world economy" by The Economist, the newly revised eighth McKinsey's long tradition of excellence. In the book, a team of veteran McKinsey & Company professionals walk you through the foundations of valuation, advanced topics like valuing high-growth companies and digital assets, and managerial topics such as corporate portfolio strategy and acquisitions. You'll also discover:
- Clear, accessible chapters with detailed guidance on the fundamental principles of value creation
- Best practices to apply valuation to business strategy questions and communicate with investors
- How to analyze and forecast performance, the cost of capital, and put it all together in a coherent valuation
McKinsey & Company has been helping businesses, governments, non-profit organizations and other institutions grow and thrive for almost 100 years . Valuation's authors draw on that storied history to bring you the most relevant, accurate, intuitive, and practical guide to valuation on the market today.
McKinsey & Company's #1 bestselling guide to corporate valuation, now in its Eighth Edition
The revised Eighth Edition of Valuation offers detailed, step-by-step explanations of how to easily and effectively measure and manage the value of companies. This book contains proven valuation frameworks that have been used successfully in McKinsey & Company's consulting work, including illustrative case studies that put the spotlight on practical judgments involved in developing and using valuations.
PRAISE FOR VALUATION
"The book's clarity and comprehensive coverage make it one of the best practitioners' guides to valuation."
-Financial Times
"Valuation ... is one of the most influential contemporary books about the world economy."
-The Economist
"A 'how-to' guide for corporate executives who want to get at the unrealized shareholder values trapped in public companies."
-The New York Times
