Earnings Yield - Adjusted Versions

Adjusted Versions

Earnings yield is one of the factors discussed in Joel Greenblatt's The Little Book That Beats the Market. However, Greenblatt uses an adjusted earnings yield formula to account for the fact that different companies have different debt levels and tax rates.

Financial markets
Types of stocks
  • Common stock
  • Golden share
  • Preferred stock
  • Restricted stock
  • Tracking stock
Share capital
  • Authorised capital
  • Issued shares
  • Shares outstanding
  • Treasury stock
Participants
  • Broker-dealer
  • Floor broker
  • Floor trader
  • Investor
  • Market maker
  • Proprietary trader
  • Quantitative analyst
  • Stock trader
Exchanges
  • Electronic communication network
  • Market opening times
  • Over-the-counter
  • List of stock exchanges
  • Multilateral trading facility
Stock valuation
  • Alpha
  • Arbitrage pricing theory
  • Beta
  • Book value
  • Capital asset pricing model
  • Dividend yield
  • Earnings per share
  • Earnings yield
  • Dividend discount model
  • Security characteristic line
  • Security market line
  • T-Model
Trading theories
and strategies
  • Algorithmic trading
  • Buy and hold
  • Concentrated stock
  • Contrarian investing
  • Day trading
  • Efficient-market hypothesis
  • Fundamental analysis
  • Growth stock
  • Market timing
  • Modern portfolio theory
  • Momentum investing
  • Mosaic theory
  • Pairs trade
  • Post-modern portfolio theory
  • Random walk hypothesis
  • Style investing
  • Swing trading
  • Technical analysis
  • Trend following
Related terms
  • Block trade
  • Cross listing
  • Dark liquidity
  • Dividend
  • Dual-listed company
  • DuPont analysis
  • Flight-to-quality
  • Haircut
  • Initial public offering
  • Margin
  • Market anomaly
  • Market capitalization
  • Market depth
  • Market manipulation
  • Market trend
  • Mean reversion
  • Momentum
  • Open outcry
  • Public float
  • Public offering
  • Rally
  • Reverse stock split
  • Short selling
  • Slippage
  • Speculation
  • Stock dilution
  • Stock split
  • Trade
  • Uptick rule
  • Volatility
  • Voting interest
  • Stock market index

reference-http://www.investingvalues.com/earnings-yield/

Read more about this topic:  Earnings Yield

Famous quotes containing the words adjusted and/or versions:

    “The lover of nature is he whose inward and outward senses are still truly adjusted to each other; who has retained the spirit of infancy even into the era of manhood.”
    —Ralph Waldo Emerson (1803–1882)

    “The assumption must be that those who can see value only in tradition, or versions of it, deny man’s ability to adapt to changing circumstances.”
    —Stephen Bayley (b. 1951)