PT - JOURNAL ARTICLE AU - Wesley R. Gray AU - Jack Vogel ED - Connett, Wendy TI - Practical Applications of Analyzing Valuation Measures: <em>A Performance Horse Race over the Past 40 Years</em> AID - 10.3905/pa.2013.1.2.006 DP - 2013 Oct 31 TA - Practical Applications PG - 1--4 VI - 1 IP - 2 4099 - https://pm-research.com/content/1/2/1.6.short 4100 - https://pm-research.com/content/1/2/1.6.full AB - Analyzing Valuation Measures: A Performance Horse Race over the Past 40 Years Wesley R. Gray Jack Vogel 1 1 1 3 Choosing a valuation metric is critical and controversial. Those chosen by the academic research community have typically differed from the choices preferred by practitioners.It is unclear from an empirical viewpoint why investors favor different metrics, according to Wesley R. Gray, an Assistant Professor of Finance at Drexel University’s LeBow College of Business and co-author of Analyzing Valuation Measures: A Performance Horse Race over the Past 40 Years , which was published in the Fall 2012 issue of The Journal of Portfolio Management .The article, co-authored with Jack Vogel, explores a wide range of pricing metrics, all expressed in yield format. Vogel is a fourth-year PhD student in the Finance Department at Drexel.This Practical Applications report highlights the most popular pricing metrics and identifies the best-performing valuation metric revealed in the article. And the winner is…