... shares is determined based on all the information collected. An investor can use various approaches to valuation: the discounted cash flow (DCF) method, the dividend flow model, a comparative analysis of multiples (comparison of the company's value with market valuations of similar companies using such ratios as P/E, P/BV, EV/EBITDA, etc.). The goal is to calculate how much a share should cost based on the fundamental indicators of the company. The resulting calculated internal value is compared with the current price of the share on the stock exchange. If the internal ...