Why Do Some Stocks Trade at a Higher P/E than Others? | Wharton Finance Presentation
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Episode description
Sean Myers, Assistant Professor of Finance at Wharton, presents his research paper, "The Cross-section of Subjective Expectations: Understanding Prices and Anomalies" at the Jacobs Levy Center's 2025 Frontiers in Quantitative Finance Conference. This research centers on the question: What explains the differences we observe in valuation ratios? Professor Myers' presentation dives into how subjective expectations can influence stock prices. Following the presentation, Ray Iwanowski, Founding Principal, SECOR Asset Management, offers a discussion on this research. #QuantitativeFinance #QuantFinance #StockPrice #StockValuation #PERatio ----- Founded in 1881 as the world’s first collegiate business school, the Wharton School of the University of Pennsylvania is shaping the future of business by incubating ideas, driving insights, and creating leaders who change the world. With a standing faculty of 241 renowned professors, Wharton has 5,000+ students across four degree programs: undergraduate, MBA, executive MBA, and doctoral. Each year 13,000+ professionals from around the world advance their careers through Wharton Executive Education’s individual, company-customized, and online programs – with 200,000+ others earning certificates from Wharton Online since 2015. More than 104,000 Wharton alumni form a powerful global network of leaders who transform business every day. Learn more about Wharton: https://www.wharton.upenn.edu/ Subscribe to the Wharton YouTube channel: https://www.youtube.com/user/thewhartonschool/?sub_confirmation=1