DETERMINATION AND ANALYSIS OF THE PRICE/ EARNING INDICATOR VALUES’ INTERDEPENDENCE AT THE BEGINNING OF THE PERIOD AND WITH THE FORECASTED GROWTH (CHANGE) OF THE COMPANY’S ANNUAL PROFIT
https://doi.org/10.26425/1816-4277-2019-1-113-123
Abstract
The dependence has been revealed, the calculation method and the formula of the price/ earning indicator values’ interdependence at the beginning of the period and with the forecasted annual company’s profit growth or change, – have been proposed. An analysis of the price/earning indicators’ dynamic in various economic situations has been given. The method of calculation has been offered and formulas of the required forecast growth of profit of the company for achievement of the necessary ratio price/earning of the companies have been defined. The formula for calculating and the analysis of the interdependence of growth or change in the value of the price/earning indicator and the projected annual growth of the company’s profit have been offered.
About the Author
O. Zemlyanskii
State University of Management
Russian Federation
Russian Federation
Candidate of Economic Sciences,
Moscow
References
1. Brigkhem Yu., Gapenski L. Finansovyi menedzhment. Polnyi kurs: V 2-kh t. [Financial Management. Full course: In 2 vol.]. Per. s angl. pod red. V. V. Kovaleva. SPb.: Institut «Ekonomicheskaya shkola», 2004, T. 1, 497 p., T. 2, 669 p.
2. Valdaitsev S. V. Otsenka biznesa: ucheb [Business Valuation: tutorial]. Moscow: TK Velby., 2008, 576 p.
3. Damodaran A. Investitsionnaya otsenka. Instrumenty i metody otsenki lyubykh aktivov [Investment appraisal. Tools and methods for evaluating any assets]. Moscow: Al’pina Pablisher, 2018. 1 316 p.
4. Sharp U. F., Aleksander G. D., Beili D. V. Investitsii [Investments]. Moscow: Infra-M, 2016. 1 028 p.
5. Fedotova M. A., Busov V. I., Zemlyanskiy O. A. Otsenka stoimosti aktivov i biznesa [Assets and Business Valuation]. Moscow: Yurait 2018, 522 p.
6. Kotirovki i grafiki v real’nom vremeni [Quotes and charts in real time]. Available at: https://www.finanz.ru/balans/rosneft_2 (accessed 29.12.2018).
Review
For citations:
Zemlyanskii O. DETERMINATION AND ANALYSIS OF THE PRICE/ EARNING INDICATOR VALUES’ INTERDEPENDENCE AT THE BEGINNING OF THE PERIOD AND WITH THE FORECASTED GROWTH (CHANGE) OF THE COMPANY’S ANNUAL PROFIT. Vestnik Universiteta. 2019;(1):113-123. (In Russ.) https://doi.org/10.26425/1816-4277-2019-1-113-123
Views:
578
Email this article 