Investing ratios make no sense?

RandomInvestor · 31 December 2016

Hey guys so investing has really gotten under my nerve when it comes to ratios, they give a retarded outcome. For example here we have Rea group, I am trying to get the EPS the formula which is net income / total shares outstanding. Now in this case for Rea Group it is
253,000 / 131 000 000 = 0.00193; this does not look right at all.

McLovin · 31 December 2016

RandomInvestor said:
Hey guys so investing has really gotten under my nerve when it comes to ratios, they give a retarded outcome. For example here we have Rea group, I am trying to get the EPS the formula which is net income / total shares outstanding. Now in this case for Rea Group it is
253,000 / 131 000 000 = 0.00193; this does not look right at all.

You're missing three zeroes on your NPAT number. It's $253,000,000. So eps is $1.93.

RandomInvestor · 31 December 2016

Oh I see but wait it doesn't show in what format it's in the numbers?

RandomInvestor · 31 December 2016

RandomInvestor said:
Oh I see but wait it doesn't show in what format it's in the numbers?

It even says on yahoo finance in thousands.

McLovin · 31 December 2016

RandomInvestor said:
It even says on yahoo finance in thousands.

Yeah 253,000 thousands is 253,000,000.

RandomInvestor · 2 January 2017

Ah ok thank you, my maths is bad xD I am improving it though.

Investing ratios make no sense?

RandomInvestor

McLovin

RandomInvestor

RandomInvestor

McLovin

RandomInvestor

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