单选题

Which of the following statements concerning different valuation approaches is most accurate?

A、 The justified forward price-to-earnings ratio (P/E) approach offers the advantage of incorporating fundamentals and presenting intrinsic value estimations.
B、 One advantage of the three-stage dividend discount model (DDM) model is that it is equally appropriate to young companies entering the growth phase and those entering the maturity phase.
C、 It is advantageous to use asset-based valuation approaches rather than forward-looking cash flow models in the case of companies that have significant intangibles.

【正确答案】 A

【答案解析】

The justified forward P/E approach offers the advantage of incorporating fundamentals and presenting intrinsic value estimations.