Share table
“The Press” N.Z. sharemarket table — printed on Wednesday and Saturday — shows in the first two columns the highest and the lowest price at which each issue has traded during the calendar year, and the last four columns show a number of ratios of interest to investors.
Dividend yield is the percentage relationship between the dividend and the market price of the share. For example, if a share with a par value of 50c and a current market price of 175 c pays a dividend of 21 per cent (10.5 c this gives a yield of 6.0 per cent (21 times 50 divided by 175).
Similarly, the earnings yield represents the relation-
ship of the company's earnings a share and the market price. The earnings yield and the dividend yield relate to each other as the dividend cover. The price-earnings ratio (P/E) is the division of earnings a share into market price, and therefore tells at how many "years” purchase the share is selling. The net asset backing a share is the amount of shareholders’ equity (or net worth — i.e., assets minus liabilities) per share. The week’s highs and lows in the Wednesday table relate to the trading days from the Tuesday of the previous week. In the Saturday table the week’s highs and lows are for the trading days in the week ended Friday.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19861022.2.178
Bibliographic details
Press, 22 October 1986, Page 40
Word Count
226Share table Press, 22 October 1986, Page 40
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.