Sentences with phrase «times average earnings»

Reminding: In setting out investment rules for defensive investors, Benjamin Graham identified, as a one of several benchmarks, a current price of not more than 15 - 16 times average earnings over the past three years...

The buy price should not be more than 15 times average earnings over the past 3 years.

We would suggest that about sixteen times average earnings is as high a price as can be paid in an investment purchase in common stock.»

Addressing delegates at the Conservative Party conference, the London Mayor highlighted that average house prices are now six times average earnings in the capital.

As a result, prices have risen so much that the average home now costs almost 8 times average earnings.

The Productivity Commission reported in 2009 that the chief executives of ASX 100 companies had seen their annual compensation rise from an average of $ 1 million in 1993 (representing 17 times average earnings) to $ 3m in 2009 (42 times average earnings).

Additionally, sky - high valuations, which in the U.K. now stand at around six times average earnings and are closer to double that ratio in the capital, have contributed to the malaise.

For inclusion in a conservative portfolio, the current price of a stock should not exceed fifteen times its average earnings for the past three years.

Not exact matches

Though its share price has nearly doubled since Trump's election, John Hancock senior managing director Lisa Welch points out that Bank of America's P / E, at 11 times 2019 earnings, still trails its historical averages.

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.

«On average, she is shopping our stores about three times a month,» said Todd Vasos, CEO of Dollar General, in company's latest earnings call.

The S&P 500's forward price - to - earnings, or P / E, ratio is a shade under 17 times right now, putting it at its lowest level since 2016 and just 11 % above its long - term average, according to BAML.

Apple, hard to characterise as an out and out manufacturer or pure technology play, currently trades at 13.5 times its estimated earnings for the next twelve months, higher than its five - year average of close to 13.

Average weekly earnings over that time period increased $ 24.30, from $ 881.33 in June 2016 to $ 905.63 in June 2017.

Over that past 20 years, the price - to - earnings ratio of the Nasdaq Biotechnology Index has averaged 2.3 times the S&P 500 P / E ratio; today, the current ratio is mere 1.3 x, a 54 percent discount to its 20 - year average (according to Thomson Reuters, as of Sept. 26, 2017.)

On a price - to - earnings basis, domestic companies are trading at 11 or 12 times earnings, while the average P / E for U.S. companies is around eight times.

Nicole Miller, managing director and senior restaurant analyst at Piper Jaffray, says that even after a recent rally, the 25 names she covers trade at an average of 10 times Ebitda (earnings before interest, taxes, depreciation, and amortization).

When the iFranchise Group compared the valuation of the S&P 500 vs. the franchisors tracked in Franchise Times magazine in 2012, the average price / earnings ratio of franchise companies was 26.5, while the average P / E ratio of the S&P 500 was 16.7.

Skeptics see a company whose earnings - per - share growth, which has averaged 30 % annually over the past five years, is bound to slow down, which makes it tough to justify paying 23 times estimated 2017 earnings for the stock.

The top 1 percent and the bottom 99 percent are separated by a difference of just 16 times in average annual earnings, which is a relatively low rate of economic disparity.

That takes it to a mere 9 times earnings — which is actually a far more normal range for equities than the 20 - times that is currently the average for an almost certainly overheated S&P.

When he looks at it on a forward - earnings basis, it's still cheap, trading at 14 times earnings versus an average of 16.

«We believe if JPM can successfully resolve its regulatory and legal headline risk in a timely manner, the stock could reverse its recent underperformance that has resulted in trading at a below - peer forward (price to earnings ratio) of 8.8 times despite our expectations of above - average profitability in 2014,» Matthew Burnell, an analyst at Wells Fargo Securities, wrote in a research note Thursday following the fine.

This amounts to the country's top 100 highest - paid CEOs making 171 times the earnings of an average Canadian wage — a jump from 105 times in 1998.

Unadjusted career average earnings will result in a smaller denominator than career average earnings that are adjusted to reflect wage growth, as in the C / QPP benefit rate calculation, and both are likely to be lower than a measure of best average earnings for people whose earnings are high relative to average earnings for limited periods of time.

In Table 1, benefits provided by Pillars 1 and 2 are expressed as replacement rates at three levels of earnings: 0.5 times average wages; 1.0 times average wages; and 1.5 times average wages.

Some European equity indices — Germany's DAX and France's CAC 40 — are at long - term price - to - earnings ratios of around 10 times, well below their historic average.

Even industry competitors — like Ford, which trades at a ratio of 6.6, and Toyota, which trades at 9.7 times — trade at higher multiples, and GM's average price - earnings ratio over the past five years is 12.2.

When valuations exceeded even 12 times normalized earnings (on our most comprehensive measure discussed above), seemingly «favorable» market action was followed by profound losses averaging -69.8 % on an annualized basis (generally reflecting a few weeks of vertical losses until enough damage was done to kick the market action measures negative).

Trading at 18.1 times $ 154 in 2018 earnings, assuming the upward estimate revisions continue, the S&P 500 remains at a P / E above its historical averages, just perhaps not as high as it looked previously.

As the S&P 500 has notched another 14.5 percent gain in 2017, the index is now trading at about 19 times earnings, considerably above a longer - term average that's closer to 14 times.

The average price - to - earnings ratio for the companies inside ZUT is 23.4 times, with a price - to - book of about 1.93 times.

The green, orange, yellow, and red lines represent the projected total returns for the S&P 500 assuming terminal valuation multiples of 20, 14 (average), 11 (median) and 7 times normalized earnings.

Financial transaction service providers globally trade at an average price to earnings multiple of about 24 times, data compiled by Bloomberg show.

The favorable market performance associated with many historical economic expansions is fully accounted for by 1) favorable post-recession valuations, with the S&P 500 averaging less than 9 times prior peak earnings at the recession low, expanding to just over 11 times peak earnings in the first year of the bull market, and 2) favorable trend uniformity, which typically emerges almost immediately in the form of a powerful breadth thrust off of a bear market low, and is confirmed within a few weeks by much broader trend uniformity.

US large - cap stocks returned more than 9 percent in the first half of 2017, the most since 2013, and although prices are close to all - time highs, analysts are of the opinion that valuations are not very expensive for a majority of these stocks, as stronger earnings upped the price - to - earnings ratio, which has generally remained above average for quite a few years.

If the high yielders sold at their 60 - year average discount, they would be priced at less than 10 times earnings.

At my time of purchase the Price / Earnings (PE) ratio was 16.75, below the 5 year average of 18.18.

Average weekly earnings data for May showed a sharp increase in ordinary - time earnings growth, although the quality of this series as an indicator of wage growth over the short term is poor.

That means if you take a very long term moving average, that that moving average over 10 years, because it's not increasing over time, you take the average of that, the average is gonna be a lot lower than the current earnings on average.

That's pretty close to full - time male average weekly earnings and comes close to capturing half of Australian households.

Trailing earnings for the S&P 500 ended 2017 at nearly 22x, significantly above the 10 - year average multiple of 15.7 x. Stocks have been expensive for some time, and while earnings have been robust of late, price advances have more than kept pace.

Every year, women around the world celebrate (angrily) the day their average full - time, full - year earnings have caught up to men's average full - time full - year earnings from the year before.

Historically, when a higher - than - average percentage of companies beat their estimates in the preseason, more companies than average beat their estimates throughout the full earnings season 70 % of the time, and vice versa.

Stock markets are near all - time highs, volatility has been low, and stock valuations are above - average when comparing prices to earnings or other fundamentals.

Average weekly ordinary - time earnings of full - time adults (AWOTE) grew by 1.3 per cent in the March quarter, to be 4.6 per cent higher over the year.

The average Russian company is selling for just 7.5 times earnings and 20 % less than its book value.

The stocks in the MSCI Emerging Markets Index on average are trading at 10.2 times next year's earnings, compared with a P / E of 15.2 for the S&P 500, FactSet noted.

European equities are not that cheap anymore by a number of valuation metrics; they are trading at an average of about 17 times earnings, which is not a wide undervaluation.1 In my view, the main reason to invest in European equities is the potential for, or the expectation of, a rise in corporate earnings that would be driven by the improving economic environment.

On the heels of the proposed tax reform, economic data, and good earnings, the S&P 500, Dow Jones Industrial Average (DJIA), and NASDAQ continued to test new all - time highs in 2017.