Determination and analysis of the price/ earnings indicator with a forecasted cash flow during during periods and with a constant annual profit of the company
https://doi.org/10.26425/1816-4277-2019-3-85-93
Abstract
. Away for calculating and analyzing the price/earnings indicator and future value/earnings ratio of company with the predicted constant cash flow and constant annual profit of the company has been offered. The dynamic of the P/E and F/E indicators has been analyzed for various components of the calculation formula: forecast periods, rates of discount or build-up rates. The proposed way of calculating the ratio price/earnings of companies with a constant cash flow and constant annual profit for several periods allows to compare them with the value of the price/earnings indicator for one period with the projected annual profit of the company, to analyze the differences in the calculation of the price/earnings indicator for one and several periods and for different methods of calculating the discount rate.
About the Author
O. A. Zemlyanskii
State University of Management
Russian Federation
Russian Federation
Zemlyanskii Oleg – Candidate of Economic Sciences
Moscow
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Review
For citations:
Zemlyanskii O.A. Determination and analysis of the price/ earnings indicator with a forecasted cash flow during during periods and with a constant annual profit of the company. Vestnik Universiteta. 2019;(3):85-93. (In Russ.) https://doi.org/10.26425/1816-4277-2019-3-85-93
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