In an effort to streamline our product offerings, Morningstar will be discontinuing the Ibbotson® SBBI® Valuation Yearbook on December 31st, 2013. The Ibbotson® SBBI® Classic Yearbook will continue to be produced and will contain some of the content previously available in the Valuation Yearbook. The Classic Yearbook can be purchased here. For more information, please contact a client service representative at +1 888-298-3647. Business valuation professionals such as CPAs and securities analysts depend on the Ibbotson® SBBI® Valuation Yearbook for estimating cost of capital, comparing markets, and pricing securities. Overviews of critical methodologies are illustrated through real-world examples and useful graphs.
Nearly 500 industry premia for use in the build-up method
Tables for calculating equity risk and size premia for any time period
Alternative methods of calculating equity risk premia, size premia, and beta
New for 2013
Cost of Debt Chapter: Use corporate bond yields and tax rates by sector to determine your subject company's after-tax cost of debt.
Understand how your subject company fits within the 10th decile and its sub-portfolios by utilizing our size distribution analysis.
Key variables in estimating the cost of capital with greater granularity
Develop your cost of capital estimate by using the key variables presented in the yearbook.
Simple explanations of complex valuation methodologies and calculations
Gain confidence in your cost of capital estimate by using the different valuation methods presented in the yearbook, including the buildup method, capital asset pricing model (CAPM), Fama-French three factor model, and discounted cash flow method.
Tables for calculating equity risk premia and size premia for any time period
Determine the equity risk and size premia for any time period needed for your valuation.
216 pages, hardcover
Ships in March and features data through December of the previous year
Ibbotson Associates, Inc. is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc.