Explain the chart below :
Date |
Stock Price |
PE Ratio |
|
12/31/2017 |
1,169.5 |
$ 6.15 |
190.2 |
9/30/2017 |
961.4 |
$3.94 |
244.0 |
6/30/2017 |
968.0 |
$3.94 |
245.7 |
3/31/2017 |
886.5 |
$5.32 |
166.6 |
12/31/2016 |
749.9 |
$4.91 |
152.7 |
9/30/2016 |
837.3 |
$ 4.37 |
191.6 |
6/30/2016 |
715.6 |
$4.02 |
178.0 |
3/31/2016 |
593.6 |
$2.43 |
244.3 |
In this given chart, last coloumn is representing Earnings per share, as PE ratio = Market price per share / Earnings per share
Followings are the calculations of Earnings per share:
Date | Earnings per share (Price / PE ratio) |
12/31/2017 | = (1169.50 / 6.15) = 190.2 |
09/30/2017 | = (961.40 / 3.94) = 244.0 |
06/30/2017 | = (968.00 / 3.94) = 245.7 |
03/31/2017 | = (886.50 / 5.32) = 166.6 |
12/31/2016 | = (749.90 / 4.91) = 152.7 |
09/30/2016 | = (837.30 / 4.37) = 191.6 |
06/30/2016 | = (715.60 / 4.02) = 178.0 |
03/31/2016 | = (593.60 / 2.43) = 244.3 |
Usually higher PE ratio is preferred as it indicates the positive future performance & investors are willing to pay more for the company's shares & vice versa for lower PE ratio.
In given chart PE ratio is in increasing trend ie earlier in 2016 PE ratio was 2.43 & then increased upto 6.15 in the year 2017. This indicates that company is in growth stage. It is having efficient & positive performance.
In Millions of BHD except Per Share 12 Months Ending 2014Y 31/12/2014 31/12/2015 31/12/2016 31/12/2017 30/09/2018 1,663.000 1,663.000 1,663.000 1,663.000 1,663.000 1,663.000 1,663.000 1,663.000 1,663.000 1,663.000 2015 Y 2016Y 2017 Y Last 12M 2 ic Shares Outstandin 4 Diluted Weighted Avg Shares c Weighted Avg Shares1,663.000 1,663.000 1,663.000 1,663.000 1,663.000 6 Per Share Data Items 8 Revenue 9 EBITDA 10 Operating Income 11 Net Income to Common- Basic 12 Net Income before XO- Basic 13 Normalized Net Income Basic 14...
On December 31, 2017, Dow Steel Corporation had 650,000 shares of common stock and 35,000 shares of 9%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 5% common stock dividend on May 15 and paid cash dividends of $450,000 and $74,000 to common and preferred shareholders, respectively, on December 15, 2018. On February 28, 2018, Dow sold 64,000 common shares. Also, as a part of a 2017 agreement for the acquisition of Merrill Cable Company, another 26,000 shares...
Need formula for ratios. Dec. 31, 2017 Dec 31, 2016 $ 687,521 $ 759,984 5,519 329,986 2,105,662 538,202 47,518 175,853 3,884,742 4,859,424 967,781 19,816 55,947 109,073 75,889 9,972,672 285,106 2,076,261 499,917 52,574 174,491 3,853,852 4,759,197 981,593 53,391 167,729 74,478 9,890,240 Consolidated Balance Sheets - USD ($) $ in Thousands 2 Current assets: 3 Cash and cash equivalents 4 Marketable securities 5 Accounts receivable, net 6 Finance receivables, net 7 Inventories 8 Restricted cash 9 other current assets 10 Total current...