The COVID-19 pandemic disrupted so much about the way businesses operate, and the financial markets reacted accordingly. Uncertainty in the markets has a ripple effect on business values and valuations, which complicates decision-making for business owners and their investors. Our report helps clarify how marketplace volatility affects fair value assessments, including how valuation methods may be viewed during times of crisis. It will:

• Provide an overview of the role financial markets play in business valuation
• Explain how market indicators affect valuation multiples
• Describe crisis-related issues with market multiples
• Discuss how common valuation methods may be affected by market volatility