Echelon
L21 · Valuation inputsXP0PASSED0

Earnings per share — the yield's honest half

Every valuation multiple is a fraction, and the first one analysts reach for is earnings yieldDefinitionEarnings yieldEarnings per share divided by the share price — the P/E ratio turned upside down, read as a yield. It restates a valuation multiple in the same units as a bond coupon, which is why value disciplines quote it: what the company earns per dollar paid for the share, before any judgment about growth or risk.Earnings yield = Diluted EPS ÷ Share price = 1 ÷ (P/E)Drivers: Earnings · Price · CyclicalityFull definition →earnings per shareDefinitionDiluted EPSNet income available to common shareholders divided by the weighted-average share count assuming all in-the-money options, RSUs, and convertibles become shares. It is the conservative per-share earnings figure and the one comparisons should default to.Diluted EPS = Net income attributable to common ÷ Diluted weighted-average sharesDrivers: Net income · Share count · Dilutive instrumentsFull definition → over price. This screen carries the half a filing can give you: the bottom line, and the diluted share count that earned it.

Compute diluted earnings per shareDefinitionDiluted EPSNet income available to common shareholders divided by the weighted-average share count assuming all in-the-money options, RSUs, and convertibles become shares. It is the conservative per-share earnings figure and the one comparisons should default to.Diluted EPS = Net income attributable to common ÷ Diluted weighted-average sharesDrivers: Net income · Share count · Dilutive instrumentsFull definition → from the two filed legs below. Then notice what the yield still needs — a market price — and that this screen doesn't display one. That missing leg is named honestly, never invented.

Diluted EPSDefinitionDiluted EPSNet income available to common shareholders divided by the weighted-average share count assuming all in-the-money options, RSUs, and convertibles become shares. It is the conservative per-share earnings figure and the one comparisons should default to.Diluted EPS = Net income attributable to common ÷ Diluted weighted-average sharesDrivers: Net income · Share count · Dilutive instrumentsFull definition → is net income divided by the weighted-average DILUTED share count — the denominator that includes what options and converts could add. Both legs come from one filing; the filer reports the quotient too, so your division can be checked against it. The yield (E over P) waits for a price.

The figures · AAPL

Loading the filed figures…

Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.