Basu, S., 1983. The relationship between earnings' yield, market value and return for NYSE common stocks: Further evidence.
Journal of financial economics, 12(1), pp.129-156. https://www.sciencedirect.com/science/article/pii/0304405X83900314 The relationship between earnings' yield, market value and return for NYSE common stocks: Further evidence The empirical relationship between earnings' yield, firm size and returns on the common stock of NYSE firms is examined in this paper. The results con…...
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원문 링크 : 거의 최초의 PER 논문, Basu (1983)