2015 International Valuation Handbook - Guide to Cost of Capital
The 2015 International Valuation Handbook-Guide to Cost of Capital, authored by Duff & Phelps, is a must-have publication that includes data through December 2014 and March 2015 and builds on the same rigorous country-level
cost of capital analysis previously published in the Morningstar/Ibbotson “international” reports. It includes country-level country risk
premia (CRPs) and country-level equity risk premia (ERPs) which can be used to estimate country-level
cost of equity capital globally, from the perspective of investors based in up to 56 different countries.
Country-level country risk
premium for up to 188 countries globally,
from the perspective of investors based
in up to 56 different countries.* The models applied in the International Valuation Handbook-Guide to Cost of Capital include:
Country credit rating model
Country yield spread model
Relative standard deviation model
Long-horizon and short-horizon
ERP data for 16 countries based in
USD and “local” currency. ERP estimates include:
ERP data previously available in the
Morningstar/Ibbotson “international” reports
Pablo Fernandez’ survey of ERPs
for a variety of countries
Long-horizon and short-horizon ERP data in USD and “local” currencies
One optional semi-annual update includes data through June and September and is available for an additional fee.
*Depending on data availability; some countries may not include all data points.
Author/Editor: Duff & Phelps
Publisher: John Wiley & Sons, Inc.
Published: June 2015