SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : High Tolerance Plasticity
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kodiak_bull who started this subject7/19/2002 5:11:22 PM
From: pvz  Read Replies (1) of 23153
 
S&P Valuation ("Fed Model") using latest operating earnings estimates:

What it is: Earnings Yield (eps/$spx) compared to $tnx.x

1. $spx.x valuation

S&P Operating Earnings** 55.92
Earnings yield 6.60%
Fair value 1,225
Over (under) (30.79%)



2. Assumptions
S&P Operating Earnings estimates
2002 2003
Q4 14.36 16.52
Q3 13.45 15.54
Q2 12.57 14.60
Q1 10.85 13.51

$spx.x 847.75
10 year yield (tnx) 4.565%

** Fwd estimate = Q3+Q4+Q1(03)+Q2(03) Next quarter = Q4+Q1(03)+Q2(03)+Q3(03)

Source for operating earnings:
spglobal.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News