Global BV News: Market risk premium reverts in Germany
Recent analysis on the German market suggests that the perceived risk of equity investing has dropped back to its precrisis levels, according to Alvarez & Marsal, which does a regular analysis of pricing dynamics in Germany.
Global BV News: Multiples in China lower than year-end 2020
As of Aug. 31, 2021, earnings multiples (price to LTM earnings) for Chinese companies were lower overall than those at the end of 2020, with an average of 30.8x compared to 40.3x for year-end 2020, according to “China Transactions Insights—Fall 2021” from Duff & Phelps (a Kroll business).
Global BV News: Initial agenda for IVSC Virtual AGM October 21-28
This year’s annual general meeting (AGM) of the International Valuation Standards Council (IVSC) will be held as a virtual program from October 21 to October 28.
Global BV News: ESG in the spotlight at IVAS-IVSC conference October 6-7
The leading business valuation conference in Asia Pacific has been the IVAS-IVSC Business Valuation Conference, and the next one will be October 6-7.
Global BV News and Trends August 2021
Business valuation news from a global perspective.
Global BV News: Revised glossary included in updated IVS
One of the changes in the latest edition of the International Valuation Standards (IVS) is a revised glossary of terms.
Global BV News: ASA’s Johnnie White joins iiBV board
The International Institute of Business Valuers (iiBV) has announced that Johnnie White, CEO of the American Society of Appraisers (ASA), has joined its board of directors.
Global BV News: Cost of capital parameters in Europe as of June 30, 2021
ValueTrust has released an eighth edition (dated June 30, 2021) of its “European Capital Market Study” that serves as a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries.
Global BV News: Updated version of IVS released
The latest edition of the International Valuation Standards (IVS) has been released, and it has an effective date of Jan. 31, 2022.
Global BV News: IVSC adds to Financial Instruments Board
The International Valuation Standards Council (IVSC) has announced that four new board members will join its Financial Instruments Board, the group responsible for drafting and consulting on International Valuation Standards (IVS) for financial instruments.
Global BV News and Trends July 2021
Business valuation news from a global perspective.
Global BV News: CBV Institute sees healthy membership growth
The Chartered Business Valuators Institute (CBV Institute) is Canada’s valuation professional organization (VPO) and standard-setter.
Global BV News: Free replays available for IVSC webinar series
Over 3,000 attendees from around the world listened to the recent International Valuation Webinar Series from the International Valuation Standards Council (IVSC).
Global BV News: Framework proposed for cross-border DCF valuations
A paper in the Journal of Business Economics presents a comprehensive framework to cross-border discounted cash flow valuation, something that “has not yet been proposed,” says the author, Andreas Schüler (Bundeswehr University Munich).
Global BV News and Trends June 2021
Business valuation news from a global perspective.
Global BV News: Global valuers challenged by lack of data
A lack of empirical data on small private companies outside the U.S. makes valuations challenging.
Global BV News: New book on intangibles and transfer pricing
How do you value intangibles in line with the arm’s-length principle that is required internationally for transfer pricing purposes?
A sad note …
We were shocked and saddened to learn that Madam Liu Ping passed away on June 5.
Updated research on MRP and risk-free rates used globally
The average required return on equity used for the U.S. is 7.3%, according to “Market Risk Premium and Risk-Free Rate Used for 88 Countries in 2021,” the latest research from Pablo Fernandez, Sofia Bañuls, and Pablo Fernandez Acin.
Global BV News: IVSC issues second paper on ESG
Earlier this year, the International Valuation Standards Council (IVSC) issued a Perspective Paper of business valuations and environmental, social, and governance (ESG) factors (see our coverage here).
Global BV News: Today! Three-day CBV Congress begins with BV
The Chartered Business Valuators Institute (CBV Institute), Canada’s valuation professional organization (VPO), will present a very special Congress to mark the great milestone of reaching 50 years of service as a CBV profession.
Global BV News: Miss the free IVSC webinar series? No problem
Over 3,000 attendees from around the world listened to the International Valuation Webinar Series May 17-27 from the International Valuation Standards Council (IVSC).
Global BV News: CBV Congress marks 50-year milestone
The Chartered Business Valuators Institute (CBV Institute), Canada’s valuation professional organization (VPO), will present a very special Congress to mark the great milestone of reaching 50 years of service as a CBV profession.
Global BV News and Trends May 2021
Business valuation news from a global perspective.
Global BV News: Discrepancy in data breach data
Data breaches reported to the UK Financial Conduct Authority (FCA) dropped by 30% between 2019 and 2020, the regulator says.