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Hi Pioupiou,
Thank you for your reply, but (for me) it does not shed any light on my query about the fundamentals of how enterprise value divided by earnings can be useful is estimating a valuation, especially given that earning appears in the denominator of that formula.
On the one hand, I can see that the formula delivers a quanta of value per unit of earnings. On the other, if there's a favourable change in earnings, the formula would seem to lower the valuation.
[REPLY button not working]Hi Pioupiou,Thank you for your reply,...
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Last
$13.62 |
Change
0.090(0.67%) |
Mkt cap ! $1.327B | |||
| Open | High | Low | Value | Volume |
| $13.61 | $13.65 | $13.53 | $1.559M | 114.5K |
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| No. | Vol. | Price($) |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$13.60 |
Change
0.090 ( 0.07 %) |
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| Last updated 15.59pm 08/05/2024 ? | |||||
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