考文垂大学 商科课程 财务报表分析 课件45.ppt

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Price Earnings Ratio - Calculations 20X4 = 105.0 = 11.6 times 9.0 ? 20X5 = 135.0 = 10.9 times 12.4 Price Earnings Ratio - Comments Indicates number of years of profits that each share costs ?In 20X5 it would take 10.3 years of profit to pay back the market price of one share ?Compare with other companies in same industry Summary Calculation of a few key ratios has greatly enhanced our understanding of the performance of the business Significant improvement in gross profit margin was wiped out by an inc