Formula / calculation
EndOfPeriod - Share Price BeginOfPeriod) + Dividents) / Share Price
BeginOfPeriod = Total Shareholder Return (TSR).
Note: dividends include
not only regular dividend payments, but also any cash payments to
shareholders and also include special or one-time dividends and also
include share buybacks.
What is TSR? Explanation
represents the change in capital value of a listed/quoted company over a period
(typically 1 year or longer), plus dividends, expressed as a plus or minus
percentage of the
Due to its nature, TSR can not be
calculated at divisional level (Strategic Business Unit) and below.
And also due to its nature,
TSR cannot be
observed for privately held companies.
TSR can be easily compared from company
to company, and benchmarked against industry or market returns, without
having to worry about size bias (TSR is a percentage).
Market Value Added |
Economic Value Added |
Cash Ratio |
Current Ratio |
Return on Equity |
Fair Value |
P/E Ratio |
More valuation methodologies
Expressed as a percentage
Economic Profit (indirect)