Comprehensive Relative Valuation Training

Course Overview

This course provides a comprehensive, hands-on approach to relative valuation techniques used in modern financial analysis. Learners will explore, differentiate, and apply valuation ratios such as Price-to-Earnings (P/E), Price-to-Book Value (PBV), and Enterprise Value (EV) metrics to assess company worth in relation to peers. Through structured modules, the course builds from foundational principles to advanced benchmarking, integrating real-world financial statements and comparative analysis models. Participants will construct full-scale comparable company analysis (CCA), modify financial statements for valuation accuracy, and evaluate performance across peer groups using industry multiples. Emphasis is placed on interpreting outputs from valuation models, including the integration of Discounted Cash Flow (DCF) results and capital efficiency metrics like ROC and reinvestment rates. Throughout the course, learners will engage in formative and summative assessments, including quizzes and scenario-based modeling tasks, aimed at strengthening their ability to analyze, calculate, and interpret data-driven valuation insights with professional accuracy. By the end of this course, learners will be able to: Explain the principles of relative valuation and its advantages over absolute methods. Differentiate between equity and enterprise value and when to apply various valuation ratios. Construct peer company lists and apply benchmarking techniques for comparative valuation. Modify financial statements to reflect normalized metrics for clean analysis. Calculate and integrate key capital metrics such as reinvestment rate and ROC into valuation models. Interpret output sheets and benchmarking summaries to deliver investment insights and recommendations.