Board logo

标题: Leading or Trailing PE [打印本页]

作者: Foufou    时间: 2011-7-13 02:23     标题: Leading or Trailing PE

They gave us D1, E1, Retention rate, .... and ask us to calculate to PE of the stock. The only think is that I don't remember at all if it was asked to calculate de trailing or leading PE !!!

I automatiquely did It thinking we had to calculate de leading PE and did : (D1/E1)/k-g

This question is killing me since june 6th ! :-)
作者: trogulj    时间: 2011-7-13 02:32

I think when they ask you P/E , it is always the leading PE if I am not mistaken..
作者: Ionutzakis    时间: 2011-7-13 02:42

yeah...agree

D1 = Expected Div (projected based on D0 and the growth rate)
E1 = Expected Earning

trailing uses past numbers
作者: invic    时间: 2011-7-13 02:51

Many thanks Aravinda and Findis07...

Ok, but the question seems to be so easy that after the exam I was asking me if I had really well read the question and if they maybe not asked us to calculate the trailing PE instead of leading PE.

I remember a world before PE, but don't remember if it was "trailing" or "leading"

Due to the fact that they gave us the ROE, we maybe had to find the trailing payout ratio (D-1/E-1) before dividing it by k-g ???
作者: jim8z3    时间: 2011-7-13 03:01

I dont think so...

(P0/E1) = (D1/E1) / ( Ke - g)
作者: joemoran    时间: 2011-7-13 03:20

gosh, there were two results with .33, am not sure if 13.33 was the one or the other.
作者: Daniel1985    时间: 2011-7-13 03:29

i posted that in the other thread but 13.33 was 100% correct
作者: dontknow1987    时间: 2011-7-13 03:48

13.33 sounds correct- I calculated it before I looked at the answers and thought it was strange it wasn't a whole number.




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2