Worksheet
Work out a share's value from the numbers, not the noise
Start from a company's filed figures or type your own. See the Graham number and a DCF from your assumptions. No prices, no advice.
Result
- Graham number
- $22.59√(22.5 × EPS × book value per share)
- DCF value per share
- $21.16your growth, terminal and discount assumptions
Educational arithmetic on your inputs. It is not a price target and not advice.
Eight calculators
Each shows its formula and a worked example you can check by hand.
Price against earnings and book value
Ratios that compare a price you enter with reported earnings, book value or growth.
- Graham numberThe square root of 22.5 times earnings per share times book value per share.$51.96value per share (worked example)
√(22.5 × EPS × BVPS)Open the calculator - P/E ratioPrice divided by earnings per share, and its inverse, the earnings yield.20.0price / earnings (worked example)
price ÷ EPSOpen the calculator - PEG ratioP/E divided by an expected annual earnings growth rate you enter.2.00P/E per point of growth (worked example)
P/E ÷ growth %Open the calculator - Book value per shareShareholders' equity divided by shares, and the price-to-book ratio if you add a price.$20.00book value per share (worked example)
equity ÷ sharesOpen the calculator
Cash flow and dividends
Models that turn cash flows or dividends into a value, using rates you choose.
- Discounted cash flowPresent value of future free cash flow per share, using growth and discount rates you choose.$86.01value per share (worked example)
Σ FCFₜ/(1+r)ᵗ + terminalOpen the calculator - Dividend discount modelValue of a dividend that grows at a steady rate, discounted at the return you require.$41.60value per share (worked example)
D₁ ÷ (r − g)Open the calculator - Free cash flow yieldFree cash flow per share as a percentage of a price you enter.5.0%cash yield (worked example)
FCF per share ÷ priceOpen the calculator
Profitability
How much profit a company earns on the owners' book capital.
Real filed figures
487 company pages carry diluted EPS, book value per share and free cash flow per share from the latest annual report to the SEC, with the filing linked. Browse companies.
No prices on purpose
A price from us would go stale in minutes and look like a signal. You bring the price; we do the arithmetic. Data and method.
Popular company pages
Assumptions are yours
Growth and discount rates decide a DCF. We never fill them in with a forecast, and we say so beside every result.