Earnings Yield is defined to be the

$\Large \frac{Earnings Per Share}{P_0}$

This is only a valid basis if:
1) EPS = DPS
2) g = 0

It is NOT an OK basis for any company that is still growing.
bag
finance_public
created
Fri, 04 Feb 2011 14:42:58 GMT
creator
dirkjan
modified
Fri, 04 Feb 2011 14:42:58 GMT
modifier
dirkjan
tags
M12
Term
creator
dirkjan