Valuation is at the heart of any investment decision, whether that decision is buy, sell or hold. But the pricing of any asset often has become a more complex task in modern financial markets. In order to be a successful investor, this exercise must be done with discipline and the proper valuation techniques. One valuation book stands out as withstanding the test of time among investors and students of financial markets: Investment Valuation. Now completely revised and updated to reflect changing market conditions, this book comprehensively introduces investment professionals and students to the range of valuation models available and how to chose the right model for any given asset valuation scenario.