Abstract
The research aims to study the level of estimation of the Real value of stocks using relative valuation models in building the investment portfolio for the stocks of the companies under study. The study population is represented by the Iraq Stock Exchange. The study sample, which was chosen in a conditional purposive manner, included (10) companies listed on the Iraq Stock Exchange. Data and information were collected through the financial statements issued by the study sample companies and the financial reports issued by the Iraq Stock Exchange for the period (2013-2022). The researcher also adopted financial and statistical methods. The economic methods were represented by trading volumes, ownership, market value of the share, earnings per share, and the real value of the share. To extract the required results, the program (Excel, 2010; 15Minitab.v.) was used, and the study reached a set of conclusions, the most important of which was that better diversification in the investment portfolio could be achieved by building a diversified portfolio of common stocks that belong to different sectors and have risks. And various benefits, The most important recommendation included the necessity of directing investors in the Iraqi Stock Exchange to focus their investments and trading on companies that have profitable indicators to achieve high returns and good capital gains as well.