N.Z. SHAREMARKET

Press, 26 February 1986, Page 37

N.Z. SHAREMARKET

.. .■ ■ -■■ .... .? '■ . Tuesday, February 25, 1986

Table shows last sale price as advised by the stock exchange; quotations are from the ChristchurchInvercargill exchange. Dividends exclude bonuses not regularly paid. All figures fully diluted. Abbreviations:'

a, shares split during year. c, dividend adjusted to annual basis. e, shares partly paid up. g, ex dividend, rights or bonus. k, dividend is 28%, but shares are only paid up to 25c.

b, dividend forecast. d, profit adjusted to annual basis. f, no allowance for exchange difference. h, capital reconstruction.

1985/86 High Low Share, Par Last Sale Chang* Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio 1985/86 High Low Buy Sell 280 132 240 290 130 88 170 179 Abacus 50 AIC Finance 50 Ajax McPhersons 50. Alcan NZ 50 .... Allegra 50 Annex Holds 50 . . . . . 255 90 . 240 -5 +10 90 205 95 21.0 8.0 28.0 4.1 4.4 5.8 7.1 17.3 12.8 .68 .42 2.18 14.0 5.7 7.7 105 385 152 60 155 71 160 330 208 75 200 125 240 90 . 280 +10 -5 230 90 270 92 38.0 30.0 7.9 5.3 20.4 27.8 18.7 1.89 1.29 1.45 4.8 3.5 5.3 138 62 23 52 43 7 235 216 67 260 185 278 420 205 140 41 ' 41 160 100 200 150 152 A M Blsley 50 . Andas Group 50 . Angora 40 Angus 50. ....... . Anzon 50 ANZ Bank NZ 50 . . . Apex 50 Apparel 50 . 180 50 50 . 160 . 185 . 248 . 350 . 170 +1 +10 +2 -5 +20 +20 -20 +7 135 45 170 345 138 55 200 225 350 34.0 26.0 10.0 24.0 26.0 15.0 6.1 7.2 10.0 7.5 5.2 4.4 13.0 8.8 14.8 13.4 9.4 .88 2.53 .36 .81 1.08 1.39 7.6 11.3 6.7 7.4 10.6 425 45 72 240 240 110 240 265 84 219 35 40 125 180 80 165 155 9 G j — Arahi Props 50. . 60 65 125 85 330 310 250 260 Arnold Wright 50. . . . Arthur Barnett 50 . . . 310 . 300 - 28.0 22.0 4.5 3.6 15.0 10.9 3.34 3.91 6.6 9.1 135 312 100 250 152 140 80 Arthur Ellis 100 .. . 90 -10 100 5.0 5.5 10.3 1.38 9.6 260 175 120 Ashby Bergh 25 135 135 140 25.0 4.6 9.8 1.62 10.1 155 112 285 235 AB Cables 50 . 250 +5 27.5 5.5 11.7 1.36 8.5 451 211 215 Astec 100 . 250 +10 — 250 19.0 7.6 16.7 2.21 5.9 185 100 330 265 Auckland Gas 50. . . . . 325 — 330 20.0 3.0 7.2 2.18 13.7 53 32 250 190 Aurora Group 25. . . . . 230 -10 — 245 16.0 1.7 2.8 1.84 35.3 250 110 46 30 Aust Breed 40 31 +1 31 130 90 275 70 Autocrat Sanyo 100 .. . . 115 110 — 12.0 10.4 2.35 480 375 230 180 Baillie Mtrs 50 . 215 — — 18.0 4.1 16.3 2.30 6.1 255 153 340 203 Baker Group 50 . 295 — 290 — 14.0 2.3 10.2 .60 9.7 260 144 255 165 BNZ Finance 25 . . . 242 -3 250 25.0 2.5 4.2 .42 23.7 180 66 315 200 Barclay NZ 20 . 215 +5 — 220 50.0 4.6 8.5 .87 11.7 70 42 115 50 Batley 100 60 55 75 45 300 60 Betacorp 50 . 290 -5 11.0 1.8 2.7 .62 36.7 100 75 352 215 Bendon Inds 25 . 352 +2 350 — 56.0 3.9 8.4 .88 11.7 44 28 70 40 Big Apple 50 67 -1 70 — 3.5 .52 27.9 310 156 100 60 Blandford 50 61 58 60 72 54 23 12 Bridgevale 25 12 12 .15 68 49 750 279 Brierley 50 . 741 -4 — 742 15.0 1.0 2.2 1.02 44.9 71 40 260 245 Brother 50 . 250 — 260 20.0 4.0 12.3 1.83 8.0 67 13 386 256 CPD 100 . 360 +5 360 — 25.0 6.9 15.5 2.95 6.4 60 40 430 430 Canty Roll Flour 100 . . . 430 — 430 — 20.0 4.6 10.1 4.16 9.8 100 41 300 260 Cap Markets 25 . 272 -2 270 273 145 96 132 100 Cap Radio 25 . 132 20.0 3.7 12.8 .34 7.7 150 70 135 100 Carborundum 50 112 — — — 16.0 7.1 16.4 1.22 6.0 206 136 105 75 Cardrona 100 95 — 360 163 328 196 Carter Holt 50 . 328 +3 326 — 24.0 3.6 10.4 2.86 9.5 162 40 240 120 Cavalier Elco 50 141 +1 141 142 20.0 7.0 16.4 1.17 6.0 50 34 510 280 Ceramco 100 502 +12 505 25.0 4.9 11.9 3.54 8.3 290 205 150 110 Cerebos 50 . 150 — — 16.5 5.5 14.0 1.24 7.1 76 50 118 66 Charter 50 75 +3 — 75 10.0 6.6 7.6 .63 13.1 125 67 650 172 Chase 20 . 640 +15 — 650 45.0 1.4 5.9 .73 16.7 100 50 316 200 Chch Press 50 . 265 — — 265 16.0 c 3.0 10.1 2.13 9.8 495 218 57 30 Clearwood 50 35 +5 — — — 30 25 56 27 Clypex 25 38 -4 34 42 7.5 4.9 4.7 .19 21.1 220 140 18 2 Coal Energy 25 2 -3 2 3 — .19 440 250 360 250 Colonial Motor 50 ... . . 300 +5 — 16.0 2.6 10.0 2.56 10.0 1 90 45 305 190 Command Corp 50. . . . . 250 — 250 255 34.0 6.8 18.8 1.31 5.3 395 210 82 49 Comm Securities 50 . . . 80 +3 75 80 2.5 1.5 18.5 .68 5.4 170 128 55 18 Commodore 25 25 -3 — — 640 300 250 150 CCL 50 245 -5 — — 25.0 5.1 7.7 1.09 12.8 153 98 310 175 Consol z Metal 50 . 195 +5 — — 25.6 6.5 16.0 1.94 6.2 140 80 28 9 Con Enterprises 4 ... . 9 -1 9 10 — 25.5 .06 3.9 150 no 62 40 Cooks Wine 50 55 +5 48 52 — — — .59 202 163 335 148 Corp Inv 50 . 335 +15 — 15.0 2.2 1.7 .66 58.7 40 20 280 110 Cory Wright 50 (a) . . . . 255 -5 — 280 19.0 3.7 8.7 .98 11.4 70 27 410 330 Cromwell 50 . 375 -25 — — — — 5.2 .81 18.9 218 138 203 125 Crown 50 . 140 -15 140 145 24.0 8.5 19.8 2.11 5.0 176 120 28 8 Cue Energy 25 11 11 13 — .19 370 270 165 120 DIC 100 . 135 -5 135 140 12.0 8.8 10.2 1.53 9.7 245 100 330 250 Dingwall Paulger 100 . . . 325 — 300 325 20.0 6.1 14.1 3.36 7.0 555 290 350 140 Dominion Brew 50. . . . . 330 — 330 335 30.0 4.5 7.0 2.85 14.2 198 135 210 155 Donaghys Ind 50 . 170 +5 — 170 28.0 8.2 11.5 1.13 8.6 535 70 185 115 DRG NZ 50 180 — — — 19.0 5.2 11.1 1.95 9.0 80 54 130 90 East Deer 50 90 -5 — 100 — 313 219 235 150 East Gas 50 . 150 -2 145 150 10.0 3.3 7.3 .53 13.6 150 no 335 230 Ebos Dental 50 . 335 — 335 — 22.5 3.3 10.9 2.13 9.1 570 165 291 195 EMCO Group 100 .... . 235 -5 — — 20.0 8.5 17.3 2.50 5.7 290 212 205 120 Endeavour 25 . 170 — — 140 32.0 4.7 11.0 1.08 9.0 600 45 390 103 Equiticorp 40 . 358 -32 350 360 7.5 .8 1.8 .43 55.0 223 126 545 420 Ernest Adams 100 . . . . . 430 — 430 — 20.0 4.6 13.3 3.95 7.5 270 187 465 194 Euro-Nat 50 . 460 +15 — 470 — 120 60 178 127 FTC 25 . 178 +2 175 — 24.0 3.3 8.7 1.06 11.4 200 98 307 204 Feltex NZ 50 . 300 -2 — 302 25.0 4.1 11.0 3.01 9.0 675 368 263 220 Fernz Corp 100 . 215 — — — 18.0 8.3 12.9 2.79 7.7 52 35 240 190 Firestone NZ 100 220 +5 — — 17.0 7.7 33.3 3.36 2.9 368 100 137 92 First City 100 . 110 -5 no 112 2.5 2.2 6.2 1.04 15.9 120 102 390 228 Fisher Paykel 50 . 295 r — 290 24.0 4.0 14.2 2.04 7.0 240 170 378 315 Fletcher Chai 50 377 +i 378 380 46.0 6.1 14.2 2.67 7.0 810 268 65 30 Fleur 50 50 35 — — 36 8.0 b 11.4 14.2 — 7.0 295 59 290 165 Forest Inv 100 290 — — — — 1.5 2.11 64.4 70 43 135 95 Fortuna 50 120 — 116 1 18.0 7.5 8.8 .96 11.3 80 40

Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Bay Sell Foveaux Radio 100 . . . 65 — 55 80 — — — — — Fund NZ 100 . 330 • — — — 8.0 2.4 — — — Gen Props 50 . 125 -3 125 —. 10.0 4.0 6.6 1.29 15.0 Genestock 50 55 -10 • — — — - -A- — .41 — Golden Bay 50 45 -1 45 — 10.0 11.1 28.6 1.20 3.4 Goliath 25 . 12 -3 10 12 — — — —. — .Goodman 50 . 425 +10 425 440 26.0 3.0 6.3 1.61 15.8 Greenhouse 25 42 — 40 • — — — — — — Grocorp 50 ........ 72 +2 70 — — — — — — Grosvenor 25 . 240 — — — 28.0 2.9 2.3 2.14 42.8 Hallenstein Bros 50. . . . 240 +6 240 250 21.5 4.4 6.2 2.56 16.0 Hauraki Ent 25 . 110 +5 — . — 16.0 3.6 4.3 .31 22.9 HB Trans Holds 100. . . . 235 — 230 ■ — 17.0 7.2 16.8 2.70 5.9 Henry Berry 50 . 230 — 220 235 26.0 5.6 11.9 2.38 8.3 Horizon 25 84 — — — — ■ — — .15 — Hortlc Inds 50 92 -1 — 93 6.2 3.3 3.2 1.03 30.6 Hume Inds NZ 50 . . . . . 120 -5 — 130 18.0 7.5 17.1 1.37 5.8 Huttons NZ 100 . 280 — — — 15.0 5.3 13.5 .64 7.3 ICI NZ 50 . 195 — 195 — 32.0 8.2 18.6 2.72 5.3 Ind Broad 50 115 — — — 16.0 6.9 12.9 .78 7.7 Ind Newspapers 50 . . . . 450 — — — 24.0 2.6 6.2 1.51 16.0 Intertasman 50 130 — —- — 20.0 7.6 17.9 .01 5.5 Invesco 50 53 +3 50 51 — — — — — Invest Fin 50 . 115 -10 — — 15.0 6.5 10.3 .78 9.6 Irvin Stem 50 . 130 +10 125 — — — — — — IWDow 50 . 390 -10 — — 38.0 4.8 21.3 3.54 4.6 J Hardie Imp 50 . 185 -15 185 •— 36.0 9.7 13.9 1.56 7.1 James Smith 50 . 250 -10 — 260 19.0 3.8 7.5 2.17 13.2 Jarden 1 . 147 -5 — — 17.0 . .1 4.0 .21 24.9 Jedi Corp 10 53 -4 — 54 20.0 3.7 9.6 .28 10.3 John Burns 25 48 +3 45 — 15.0 7.8 14.5 .46 6.8 John Edmond 25 (a) . . 95 — 95 18.0 4.7 10.4 .92 9.5 Kaurex 50 38 — — 40 — — — — —— Kearns Oatina 100. . . . . 310 — 290 310 15.0 4.8 5.9 1.76 16.7 Kidd Garrett 50 58 -2 — — 10.0 8.6 15.6 .55 6.3 Kingsgate 50 59 — 58 60 — — 1.8 .36 53.6 Kiwifruit 50 48 . — — — — — —- — — Kupe Oil 25 60 — 60 — — — 8.5 .41 11.7 Lakeland 50 60 +2 60 — — — — — — Landmark 25 85 +7 — 85 6.7 1.9 1.8 .41 53.1 LWR Inds 25 . 100 -4 100 101 36.0 9.0 17.0 1.60 5.8 Lanes Inds 50 . 125 — 130 — — 8.0 .78 12.3 Laurenson 50 . 160 — — . — — — — — L D Nathan 50 . 360 +38 360 365 22.0 3.0 8.5 2.15 11.7 Leisureland 50 . 140 -8 — 145 11.0 b 3.9 — .31 ■ ■. — Les Mills 20 36 -1 38 — — — — — — Leyland 50 . 145 — — - — 24.0 8.2 1.0 .45 96.6 Leyland Cap 50 65 -4 — 70 — — —- — — Leyland Growth 50 . . . . 112 -3 — 117 — — — — — L M Min 50 65 — — 68 6.0 4.6 9.6 .13 10.3 Lion Brew 50 . 495 +5 490 500 36.0 3.6 7.3 3.33 13.5 Luxoil 50 26 -1 — — — — — — — • Lusterold 50 . 180 — — 185 22.0 6.1 14.6 1.46 6.8 Mace 50 . 395 -10 — — 16.0 2.0 8.1 — 12.3 Mainstay Props 50... . 75 -1 74 75 5.0 3.3 3.6 .57 27.7 Mair 50 . 235 -3 230 240 30.0 6.3 18.3 1.97 5.4 Manawatu Radio 100 . . . 170 +5 — — 17.5 10.2 16.5 .82 6.0 Manthei Holds 50 (a). . . 310 -15 — — 22.0 3.5 14.1 3.20 7.0 Masport 50 . 120 — — 125 14.0 5.8 12.5 1.35 8.0 McAlpine 50 80 — 50 — 14.0 8.7 26.6 1.80 3.7 McConnell 50 . 113 -2 — 113 20.0 8.8 16.8 .86 5.9 McKechnie Bros 50 . . . . 200 +10 180 — 22.0 5.5 21.7 2.11 4.6 Min Resces 20 34 +8 — 40 — — — .25 — M O’Brien 50 35 -5 32 40 5.0 7.1 12.0 .93 8.3 Mogal 50 . 210 • — — — 20.0 4,7 9.2 1.29 10.7 Montana Wines 50 ... . 145 -3 — 155 22.0 7.5 21.9 2.87 4.5 Morrison PIM 50 340 — — 350 30.0 4.4 6.8 1.08 14.6 Motor Holds 50 230 -15 — 230 22.0 4.7 15.4 1.60 6.4 Mt Cook Group 100 . . . 335 +10 — — 18.0 5.3 12.9 3.70 7.7 Moyes Groves 50 135 -15 — 135 26.0 9.6 23.8 1.57 4.1 Nat Bloodstock 50. . . . 535 +110 — 540 6.0 .5 1.7 .65 57.5 Nat Pacific 10 400 +334 402 — 22.0 .5 1.0 .37 100.0 Newmans 50 262 +4 258 23.0 4.3 12.5 1.75 7.9 NZ Cement 100 110 -2 110 115 12.5 11.3 19.0 2.77 5.2 NZ Equities 25 235 -1 — — 10.0 1.0 6.6 .27 14.9 NZFP 50 242 +2 242 — 29.0 5.9 12.1 1.84 8.2 NZ Gold Fields 20. . . . 500 — — — — — — .19 NZI Corp 50 163 -4 — 164 17.0 5.2 11.2 1.03 8.8 NZI Gases 100 270 — — — 20.0 7.4 5.4 1.51; 18.3 NZ Leathers 50 65 — 60 65 10.0 7.6 80.1 1.32 1.2 NZ Marine Farms 100 . 190 -10 — 190 — — ;— — NZ News 100 675 +10 — — 23.2 3.4 9.3 4.57 10.7 NZ Oil, Gas 50 42 -3 — 45 — — — .42 — NZ Petroleum 25 320 —» — 290 — — — .20 — NZ Prop Trust 100 . . . 115 -1 100 — 11.9 10.3 10.8 1.15 9.2 NZ Refining 100 205 — — — 16.0 7.8 24.6 3.90 4.0 NZ Salmon 50 780 +10 740 780 — — — .62 — NZ Steel 100 59 -9 58 60 18.0 30.5 91.8 2.60 1.0 NZ Venture 50 46 +2 — 45 — — — — — . Northland FM 50 70 — — — — — 1.4 .42 70.0

1985/86 High Low Share, Par Last Sale Change Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio WeeS Bay SeU 80 59 Northrop 25 72 +1 68 75 16.0 5.5 10.4 .32 9.6 270 230 Nuhaka 100 230 -30 — 3.91 —- 17 9 Oilfields ctb 25 16 -1 15 16 — •— — .19 — 185 105 Opio Forestry 100 105 —• — ' ■ —« 3.6 .98 27.6 152 96 Omnicorp 50 120 +2 — — — — — — —• 350 105 OHL Corp 25 105 — — 20.0 4.7 11.3 .45 8.8 640 483 Otago PP 100 634 — — — 20.0 3.1 10.1 2.61 9.8 250 185 Owens Group 10 210 -2 208 — 50.0 2.3 10.5 1.28 9.5 290 205 PDL Holds 25 (a) 210 —■ —■ — 35.0 4.1 30.6 3.25 3.2 96 1 Perry Dines 25 2 — — — — ■ —• — — — 23 4 Petro Tar 25 17 —3 17 18 —- — .12 —“ 102 40 Powercorp 25 40 -10 — 45 10.0 6.2 11.2 .18 8.8 25 12 Premier 25 25 —- — — — —. — —' 185 165 Prudential 100 . 180 +5 175 185 20.0 11.1 12.7 1.86 7.8 382 288 Progressive 50 . 367 +10 365 11.5 1.5 4.0 1.25 24.7 750 160 x Qtron 50 230 -30 — 22.0 4.7 6.0 1.97 16.6 87 58 Queenstown 40 65 —- 65 — • — 1.6 .48 59.0 185 135 Quill Humph 50 180 +5 182 200 21.0 5.8 15.5 1.98 6.4 156 120 Radio Avon 25 • 140 —- . — 130 30.0 5.3] 10.0 .84 9.9 140 110 Radio Otago 25 115 •. — ■ ■ 20.0 4.3 17.8 .50 5.6 220 155 Radio Pacific 50 220 +10 ■ — 17.0 3.8 — — —• ■ 318 83 Rainbow 20 305 4-5 —- 330 10.0 .6 1.7 .35 58.6 345 185 Ra Ora 50 205 +5 200 210 2.0 .4 — 1.28 310 125 Redvale 50 310 +100 260 — ■ — - —• — — — 190 150 Reid Farmers 25 176 — 1 28.0 3.9 10.3 1.17 9.6 155 79 Regina 20 110 — — — 10.0 1.8 4.2 .85 23.4 215 108 Renouf Corp 50 215 +35 —- 220 12.0 2.7 2.5 .63 39.8 178 57 Renouf Props 50 178 +26 —- 175 — — —• — 275 75 R W Hellaby 50 240 +12 234 —- 7.0 1.4 — 1.42 192 130 Repco NZ 50 185 +10 180 — 17.0 4.5 15.7 1.44 6.3 295 200 Revertex 50 220 — — — 15.0 3.4 11.0 1.32 9.0 295 100 R Jones 50 295 +10 290 293 10.0 1.6 .9 .91 105.3 265 154 Rothmans 50 260 -5 — —-. 26.0 5.0 16.2 2.41 6.1 345 270 R W Saunders 50 270 — —- 270 20.0 3.7 9.0 2.49 11.1 420 295 Salmond Inds 100 . . . . . 415 +15 — — 17.0 4.0 10.1 2.32 9.8 415 160 Sanford 50. 350 -60 — 180 20.0 2.8 14.4 1.26 6.9 250 130 Selby Shoes 50 140 — — — 22.0 7.8 22.6 1.82 4.4 175 118 Skellerup 25 150 +15 150 153 25.0 4.1 13.8 1.64 7.2 195 80 Smart Group 50 190 +5 —- 185 —- . — —■ .43 342 160 Smith-Biolab 50 342 +12 — — 21.0 3.0 6.5 1.42 15.2 126 61 Smiths City Mkt 20 ... . 115 — 115 —■ 18.0 3.1 12.1 .55 8.2 170 130 Southland Meat 50. ... . 140 — — 140 17.5 6.2 — 1.80 18 4 Sthn Petroleum 25 17 -1 17 — —■ — — .08 — 6 6 Sovereign 25 6 — — ■ — — — — — — 59 20 Spectrum 25 50 -9 50 52 —- ■ — 4.6 .27 21.7 230 145 Steel Tube 50 165 -15 165 170 25.0 7.5 16.0 1.57 6.2 120 80 Stereo FM 100 85 +5 — — — • —• . — .15 —. 155 140 Stevens 100 150 — — —- 13.5 9.0 15.6 1.81 6.4 98 60 Tag 50 80 — — 85 10.0 6.2 10.8 .51 9.1 55 40 Tag Proplink 40 45 — — —' — • — — — . — 480 340 Taylors Dry 100 385 +5 354 —- 22.0 5.7 12.6 2.98 7.8 56 42 Technicgroup 25 42 -8 — 50 8.0 b 4.7 23.0 — 4.3 120 65 Thoroughbred 50 120 +35 95 — — — — — — 160 95 Trans Ashb 50 160 +35 140 180 16.0 5.0 9.0 .94 11.1 400 250 Trans Nth Canty 100 .. . 300 — 280 17.0 5.6 1.4 3.27 71.4 197 128 UEB Inds 50 140 — — 140 25.0 8.9 24.2 2.43 4.1 48 35 Utd Resources 50 38 — 39 40 • , • —■ — .84 ■ — 355 200 Unity 50 . . 295 — — — 16.0 2.7 7.1 .87 13.9 56 38 Venturecorp 50 46 -1 45 — — — —— 209 153 Viko Holdings 25 190 +4 — 220 38.0 5.0 13.3 1.26 7.4 215 130 Visionhire 50 212 +62 190 220 20.0 4.7 9.0 .80 11.0 70 40 Waikato Stud 25 40 -2 40 41 • — — 7.2 .57 13.7 275 155 Waitaki NZR 50 178 +2 170 178 29.0 8.1 18.8 2.12 5.3 245 137 Waste Mngt 50 190 -10 — 125 16.0 4.2 11.6 1.41 8.5 470 315 Wattle Inds 50 345 — 345 30.0 4.3 11.5 2.52 8.6 645 470 Welgas 50 620 -5 620 630 20.0 1.6 • 7.7 2.54 12.8 255 125 Wenrich 50 145 . — — —• — — — . —■ 125 90 Westbridge 40 90 —■ — — 6.0 2.6 8.1 1.42 12.3 275 181 Wilkins Davies 50 275 — 260 —- 23.0 4.1 14.0 1.76 7.1 245 180 W Jeffery 100: 200 +20 180 — 17.0 8.5 16.5 2.53 6.0 163 100 Wills Props 50 163 +1 — 165 8.0 2.4 15.9 1.84 6.2 812 360 Wilson Horton 100 812 +7 — — 15.0 1.8 6.6 3.31 14.9 325 135 Wilson Neill 50 325 +15 — — 21.0 3.2 7.2 1.12 13.7 183 142 Winstone 50 158 +1 157 — 16.0 5.0 11.9 1.63 8.3 200 150 Wormaid NZ 50 180 —- 150 — 15.0 4.1 20.5 3.23 4.8 295 130 Yates Corp 50 155 +5 — — • 35.0 11.2 9.7 1.88 10.2 Mean dividend yield 3.7 per cent. Median dividend yield 3.7 per cent. Mean earnings yield 9.1 per cent. Median earnings yield 8.7 per cent. Mean P/E ratio 10.2. Median P/E ratio 7.1.