The best-selling guide to business valuation, updated and revised. Valuation, University Edition, Eighth Edition: Measuring and Managing the Value of Companies is filled with the experience of McKinsey & Company that students and educators have relied on for over 30 years.

Now in its eighth edition, this volume continues to help professors and students worldwide gain a deep understanding of valuation and assist their companies in creating, managing, and maximizing shareholder value.

Recognized as "the best guide for valuation professionals" by The Financial Times and "one of the most influential contemporary books on the global economy" by The Economist, the eighth edition of McKinsey maintains its long-standing tradition of excellence.

In this book, a team of experienced McKinsey & Company professionals guides you through the key principles of valuation, advanced topics such as valuing rapidly growing companies and digital assets, as well as management concerns like corporate portfolio strategy and mergers and acquisitions.

You'll also discover: Questions at the end of each chapter for classroom discussions, assignments, and other activities with access to a curriculum and exam bank. Best practices for applying valuation to business strategy questions and communicating with investors. How to analyze and forecast performance, the cost of capital, and connect everything into a coherent valuation.

The University Edition includes review questions at the end of each chapter to help students grasp key concepts from the book. McKinsey & Company's experts have helped businesses, governments, non-profits, and other institutions grow and prosper for nearly 100 years.

The authors of Valuation draw on this rich history to offer you the most relevant, accurate, intuitive, and practical valuation guide available today on the market.