Sentences with phrase «peak earnings basis»

The graph shows that average valuations are generally better globally than they are in the US on a pure price - to - peak earnings basis.

Not exact matches

Since that time, the market's P / E on «forward operating earnings» has generally been substantially lower than the price / peak earnings ratio based on the highest level of trailing net earnings to - date.

While the current price / peak - earnings multiple is already at an elevated level above 18, what I'll call the «P / E equivalent» multiples on other fundamentals are: 21 on the basis of book values, nearly 23 on the basis of enterprise value / EBITDA (which factors in the increasing share of debt on corporate balance sheets), over 25 on the basis of revenues, and 29 on the basis of dividends (largely because dividend payout ratios remain relatively low even on the basis of normalized earnings).

But valuations, even on a price / peak - earnings basis, are now in the same range as the 1929, 1972, and 1987 peaks.

Unfortunately, the market is now strenuously valued even on the basis of price / peak - earnings.

I generally base these P / E ratios on peak - earnings.

That was a bit worse than even the estimate based on a terminal P / E of 7, because the brutal 1974 bottom formed a sharp but temporary «V.» In contrast, in the 10 years beginning in 1990 (when the price / peak - earnings ratio was close to 11), the S&P 500 achieved a total return of fully 20 % annually.

Based on newly released quarterly earnings figures, the S&P 500's price / peak earnings ratio is nearly 20.

Presently, the price / peak - earnings multiple on the S&P 500 is just over 10, but that is based on peak earnings of about $ 86 for the Index.

To illustrate, on the basis of Robert Shiller's P / E ratio, the S&P 500 has tended to peak at about 23 times trailing earnings before declining (although in 1929 they rose above 30 and in 2000 they rose above 40).

Basing your lifestyle on this income assumption rather than your peak earnings will allow you to save more for the future, while also subjecting you to less of a downshift in lifestyle as you grow older.

If you look at periods where the price / peak earnings multiple was 16 or higher on the S&P 500, the final rate hike of a tightening cycle was actually associated with losses on an annualized total return basis, averaging -7.18 % over the following 6 months, -9.94 % over the following 12 months, and -5.87 % over the following 18 months.

This chart is consistent with the valuation assessment of P / E ratios that are based on peak earnings, multi-year averages of earnings, or earnings that take into account the duration and extent of the earnings cycle.

Based on Saga's operating & share price history, I'm confident we'll see another / higher cyclical peak in sales & earnings in due course, and a share price trajectory to match...

It appears to be significantly undervalued based (mostly) on current metrics, and could potentially offer exponential upside based on its prior share price history and a possible return to peak revenues / earnings.

Pensions are typically calculated based on only 1.5 % of your peak earnings, multiplied by years of service.

Thanks to unusually high debt levels and unusually low labor compensation in recent years, the earnings peak in 2007 was based on profit margins that were about 50 % above the historical average, and which have now collapsed.

«They may set an asking price based on the firm's peak earnings,» says Leclair, «but the buyer will likely argue that those earnings are no longer achievable: many clients have moved on, and open files are stagnant.»

«REITs entered the year on peak valuation [and] earnings were decelerating,» says Stuart Axelrod, research analyst with New York - based Lehman Brothers.