Forbes contributors publish independent expert analyses and insights. Lien De Pau, founder of The Big Exit. Sell your biz for max value. For small business owners, profit matters a lot. It's more than ...

Valuation expansion boosts stock prices when market multiples on earnings or cash flows rise. Company improvements, industry shifts, or changing market sentiments can cause valuation expansions.

Learn how analyzing the price-to-cash-flow ratio can inform investment decisions by revealing undervalued stocks and improving portfolio strategies.