Sentences with phrase «price earnings ratio»

席勒教授的分析方式主要是以十年的P / E ratio為根據 , 他稱為 : cyclically adjusted price earnings ratio (CAPE , 或稱為P / E10) 。 歷史上看來 , 每當P / E10不正常飆高的時候 , 就是股市崩盤前的徵兆 。
Price earnings ratio is based on average inflation - adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio), Shiller PE Ratio, or PE 10 — FAQ.
There are several ways to calculate the expected price per share of the stock including Discounted Cash Flow (DCF), a stock's P / E ratio (Price Earnings ratio) or Earnings Yield, among others.
Posted in Strategy, Value Investment Tagged CAPE, Cyclically Adjusted Price Earnings ratio, Graham P / E10, Shiller PE10 12 Comments
Posted in Strategy, Value Investment, tagged CAPE, Cyclically Adjusted Price Earnings ratio, Graham P / E10, Shiller PE10 on July 30, 2012 12 Comments»
Reblogged this on Finance and Strategy Thinking and commented: Thanks to Greenbackd.com I came across two highly interesting studies: Conclusions: 1... the Cyclically Adjusted Price Earnings Ratio is a powerful predictor of future long run performances of the market not only for the U.S. but also for countries such us Belgium, France, Germany, Japan, the Netherlands, Norway, Sweden and Switzerland.
The Price Earnings ratio is a useful tool for stock valuation.
There are many forms of valuation metrics such as Price Earnings Ratio (PE), Enterprise Value / EBITDA, Enterprise Value / Sales, Price to Book (PTB).
Yes, the price earnings ratio on forecast earnings is now around 12 and the historical average is around 15.
There are two price earnings ratio lines that are drawn on the graph.
Barclays launched a new fund to lure fans of Robert Shiller's Cyclically Adjusted Price Earnings Ratio (CAPE Ratio), a valuation methodology that is catching on with investors.
I've been giving Robert Shiller's cyclically - adjusted price earnings ratio a run on Greenbackd recently (see 73 - Year Chart Comparing Estimated Shiller PE Returns to Actual Returns, On The Great Shiller PE Controversy: Are Cyclically - Adjusted Earnings Below The Long - Term Trend?
The Price Earnings model takes the earnings per share of a company and multiplies it by the Price Earnings Ratio.
Notice that the current price earnings ratio on this quality company is as low as it has been since 1998.
Although it may be confusing, or difficult to wrap your mind around the idea, that both a 5 % grower and a 10 % grower will utilize the same price earnings ratio to identify intrinsic value, there is a logical explanation.
For G&D, values for stockholders are created by earnings which are then valued in the market by a price earnings ratio (or capitalization rate) and / or dividends, which are valued by the market on a current yield basis.
Something I read last week got me interested in Professor Robert Shiller's use of the 10 year price earnings ratio
When I made the investment in May 2016, the stock price was significantly below book value and price earnings ratio looked attractive to me.
A leading academic, Robert Shiller of Yale, has, however created a metric to measure the relative valuation of the market — the CAPE — cyclically adjusted price earnings ratio.
The Fund buys at the time the near - term outlook is poor provided the company is well capitalized, if our analysis indicates that the common shares are available at a low price earnings ratio relative to long - term future earning power and / or are selling at a substantial discount from an adjusted, and measurable, net asset value.
The price earnings ratio, often called the P / E ratio or price to earnings ratio, is a market prospect ratio that
In more recent work, Irrational Exuberance, Shiller used the inflation adjusted ten year average price earnings ratio, also referred to as P / E10 or Cyclically Adjusted Price Earnings Ratio (CAPE), to assess S&P 500 price levels relative to value.
Something I read last week got me interested in Professor Robert Shiller's use of the 10 year price earnings ratio (PE) to value the stock market.
In mid-December, the trailing 12 - month price earnings ratio was 32.2.
However, the price earnings ratio ** is still at around 13 or 14, suggesting the corporate sector has turned in a very good performance as well.»
Buying stocks of a company with low price earnings ratio means that you can easily recoup your investment within a short period.
You will like to educate yourself about some vital terms such as share price, dividend yield, price yield, earning per share (EPS), Price Earnings Ratio (P / E), Price to Book Value, Bullish and Bearish markets etc..
And we had scatter diagrams, showing 10 - year subsequent returns against the CAPE, what we call the cyclically adjusted price earnings ratio.
This is called price earnings ratio.
A stock certificate trading at high valuation based on traditional measures such as price earnings ratio.
Value investors and non-value investors alike have long considered the price earnings ratio, which is also known as the p / e ratio for short, a useful metric for evaluating the relative attractiveness of a company's stock price compared to the current earnings of a firm.
The Price Earnings Ratios (PE) for the TAM portfolio companies are manifestly lower than is the case for the DJIA portfolio companies.
Because eREITs have very high depreciation write - offs which are tax accounting entries that do not affect cash flow, the usual metrics of earnings per share (EPS) and price earnings ratios (P / E) are not meaningful for eREIT financial reporting.
He works out their price earnings ratios (P / E ratios) for both companies by dividing the share price by the EPS.
Because REITs have very high depreciation write - offs which are tax accounting entries not affecting cash flow, the usual metrics of earnings per share (EPS) and price earnings ratios (P / E) are not meaningful for REIT financial reporting.

Not exact matches

The forward price / earnings ratio of the top 25 % of S&P 500 stocks by dividend yield is 17, vs. a 36 - year average of 12, according to Ned Davis Research.
To be sure, Microsoft's price / earnings ratio has surged, to 18.3, after a nice run.
And the S&P 500 long - term average price / earnings ratio?
After all, «value» stocks typically boast low price - earnings ratios and other traditional assessment metrics, often looked upon as undervalued relative to its underlying fundamentals.
The fundamentals for the bank stocks are remarkably similar to where they were last year, with dividend yields and price - to - earnings ratios virtually unchanged.
Recently, though, valuation decisions, which typically start with a look at the price - to - earnings ratio (P / E), have been put to the test.
Using the cyclically adjusted price - to - earnings (or CAPE) ratio, a metric that he created, Shiller said he «would be inclined to recommend» what he sees as «undervalued» stocks.
Shiller's CAPE ratio measures the stock price divided by the average of ten years of earnings, adjusted for inflation.
According to Martin, all of these things, plus an attractive price - to - earnings ratio of 16.7 times — the industry average is 20.6 times, she writes — make CBS a buy.
Another way to measure this is to look at the p / e or price - to - earnings ratio.
Still, its 2018 price - to - earnings ratio of 10 is at a significant discount to the vertically integrated health care provider UnitedHealthcare — a reflection of fears among investors that the deal won't go through.
Currently, the company is trading at about 25 times earnings and with a long - term earnings per share growth rate of about 15 %, its price - to - earnings to growth ratio — a metric used to value fast growing companies — is about 1.4.
Its average forward price - to - earnings ratio has been 13 over the past two years.
To calculate today's earnings yield, and hence the cost of capital, we'll use the «cyclically adjusted price - to - earnings» ratio, or CAPE, developed by Yale economist Robert Shiller.
When it comes to metrics, first look at historical price - to - earnings (P / E) ratio to see if the company is in fact cheap, says Scrivens.
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