Valuation methods of asset-type cyclical industry: A case study of steel industry

Author

Chen, Xiaodan ; Jiang, Guan

Author_Institution

Sch. of Econ., Yunnan Univ., Kunming, China

Volume

2

fYear

2012

fDate

20-21 Oct. 2012

Firstpage

83

Lastpage

87

Abstract

Cyclical industry is the pillar industry for the industrial structure and capital market in industrialized countries, yet the value of cyclical industry has always been the difficulty in world financial market and assets valuation. This paper studies the industrial profitability cyclical features of asset cyclical industry, explores into the valuation methods of asset industry by taking steel industry as the main research object.

Keywords

asset management; industrial economics; profitability; steel industry; stock markets; asset industry valuation methods; asset-type cyclical industry; capital market; industrial profitability cyclical features; industrial structure; industrialized countries; pillar industry; steel industry; valuation methods; world financial market; Indexes; Industries; Market research; Reactive power; Steel; Testing; Cyclical industry; steel industry; valuation method;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Management, Innovation Management and Industrial Engineering (ICIII), 2012 International Conference on

Conference_Location

Sanya

Print_ISBN

978-1-4673-1932-4

Type

conf

DOI

10.1109/ICIII.2012.6339783

Filename

6339783