Finology Quest
Finology Quest

@Finology_Quest

11 Tweets 11 reads Jan 15, 2023
5 Valuation Ratios every investor should know
• Price To Book Value
• Price To Earnings
• Price To Earnings Growth
• EV/EBITDA
• Price To Sales
Let's understand each of them in detail 🧵⤵️
Valuation Ratios help us to identify the right price for our potential investments.
So, here are five valuations ratios that every investor should know:
1️⃣ Price To Book Value Ratio
It expresses a relationship between the market price & a book value of a share.
P/B Ratio = Market price per share/Book value per share
Why you should use P/B Ratio:
➡️ It can be an accurate metric to value heavy industries, real-estate-based companies, banks, etc.
➡️ Used as one of the measures to compare the valuation of peers of the same industry.
A lower ratio than the industry avg would mean an undervaluation of shares.
2️⃣ Price To Earning Ratio
It determines the relation between the individual current stock price & earnings of the company per share.
P/E Ratio = Market price per share/Annual earning per share
Lower the P/E ratio, lesser the price has to be paid for a particular share with particular earnings per share.
Conversely, lower the P/E ratio, higher will be the earnings per share for a specific share with a particular market price.
3️⃣ Price To Earnings Growth
It helps identify whether the stocks are overvalued, undervalued or fairly valued.
It is the ratio of P/E against the growth rate of a company's profit or profit growth rate.
PEG = P/E Ratio/Profit growth over the year
4️⃣ EV/EBITDA
This ratio has two components: EV & EBITDA. Enterprise Value is the total value of a company that someone had to pay if they had to acquire the firm.
Enterprise Value = Market value of equity + Market value of Debt – Cash on hand
5️⃣ Price To Sales
This ratio values the company based on its turnover & not profits. This method of valuation effectively assesses stocks with high potential for growth but are currently not able to make profits.
P/S Ratio = Market price per share/Sales per share
Apart from these, there are several other Valuation metrics as well to find the intrinsic value.
You can learn all other metrics of valuation through our Value Investing Course on Quest - bit.ly

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