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The Relation between Average Stock Return to Earning Ratio and Book to Market Ratio in FTSEBM

Al-Rawashdeh, Najed Massad Sulaiman (2009) The Relation between Average Stock Return to Earning Ratio and Book to Market Ratio in FTSEBM. Masters thesis, Universiti Utara Malaysia.

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Abstract

Malaysia stock market is an emerging market in Asia. Recently, Malaysia has implemented some liberalizations in the stock market. Malaysia stock market is a potential market to get high profits. Many local as well as foreign investors would be interested to know whether the Malaysian stock returns could predicted by financial ratios. The main purpose of this study is to investigate the ability of price to earning and book-to-market ratios to predict future stock market returns in FTSEBM. A linear regression analysis is applied for this purpose. Findings reveal that book to market ratio significantly influences stock return,while there is no significant positive linkage between price to earning ratio and stock return.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Equity Market, Stock Returns, Earning Ratio, Book to Market Ratio, Financial Times Stock Exchange Bursa Malaysia (FTSEBM)
Subjects: H Social Sciences > HG Finance
Divisions: College of Business (COB)
Depositing User: Mrs Norazmilah Yaakub
Date Deposited: 01 Apr 2010 03:11
Last Modified: 24 Jul 2013 12:12
URI: http://etd.uum.edu.my/id/eprint/1654

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