Refinins Price to Book Value Model for Valuins Indian Bank Stocks - An Artificial Neural Network Approach

Abstract

This study performs and compares the accuracy of Price to Book value model and Refined Price to book value model using Artificial Neural Network (ANN) fo r valuing bank stocks. Prediction accuracy measuring procedures are used to compare the performance of these models. This study also focused on comparing the predictive power o f Price to book value Model and Refined Price to book value M odel (using ANN) using coefficient of determination. The outcomes of predictions are discussed to know the power o f Artificial Neural Network.