In a recent free BVR teleconference, Peter Butler and Gary Trugman discussed the proper use of the Butler Pinkerton Calculator (BPC). BPC can be used to quantify company-specific risk premiums (CSRPs) and total costs of equity (TCOEs), particularly as “a great way to rebut what someone is doing or for a sanity check,” said Trugman.  “When used in conjunction with other tools, appraisers will be better able to support and defend their discount rate conclusions for their subject company,” Butler agreed.

For those who were unable to attend the teleconference, it is available by clicking here.