Nhema yekukoshesa zvishomanana neHigh Dividend Inobereka
Kune avo vanoda kukurumidza kugadzirisa, takataura pamusoro pehuwandu hwePGG, kusanganisira kushanda kuburikidza nemuenzaniso mizhinji inoratidza kuti ungaiverenga sei, mune imwe nyaya inonzi Kushandisa PeG Ratio kuti Uwane Hiri Nhamba Gems .
Muchirevo chisinganzwisisiki, chirongwa chePGG ndechimwe chinhu chezvemari chinotora mutengo wekuwana-ku-kuwana chikwata , kana kuti P / E chiyero sezvazvinonyanya kuzivikanwa, uye kuchigadzirisa icho chekuwedzera mumari inowanikwa pagoga.
Chii chinotambudza kudzidza iyi fomu? Yeuka kuti mutengo wamunobhadhara unokosha kune iyo inowanikwa iwe pakupedzisira unowana . Kambani huru inogona kunge iri mari inotyisa kana iwe uchipedza zvakawanda kuti uwane danda rako. Chinangwa chehutano hwePGG ndechekuita nharo yengano yekufunga kuti iwe dzimwe nguva unogona kubhadhara mutengo wakakwirira webhizimisi iri kukura nokukurumidza, uye uchiri kuita mari yakawanda, kupfuura iwe unogona kubhadhara mutengo wakaderera wekambani yakave hapana chakasara kuti chiwedzere kana chiri kutarisana nemari yekuwana net . Nhamba yePGG inogona kubatsira kuratidza kuti kutanga kwechidiki muSilicon Valley inobata pamadhora makumi mashanu, apo imwe yekare yemagetsi inodhura pamadhora 8x.
Kuti uverenge chirongwa che PEG, unoshandisa fomu inotevera:
PEG Ratio = (Mutengo ÷ Kuwana Nega Kugovera) ÷ Kuwana Kwegore Nega Kugovera Kukura
Munyika inonzwisisika ine ruzivo rwakasimba hwekuda uye kuwedzera kwezvishoma , kuwedzera kwePGG yematokari ose kwaizova 1.00, kureva kuti chikwata cheP / E chaizove chakaenzana nekukura kwehuwandu hwekuwana mari imwe neimwe . Nhengo yaive ichiwedzera huwandu pa10% yaizoshanda pa 10x mibairo.
Nhengo yaive ichiwedzera purogiramu pa25% yaizotengesa mairi 25x. Zvechokwadi, iyi inyanzvi yakanaka inenge isina kuremekedzwa semafungiro emari, kufambisa pakati pekutya nemakaro, mukana wekodzero yekuisa mari muzvisungo zvinoenderana nehuwandu hwechidimbu chemazinga , uye zvimwe zvakawanda zvinokonzera kuwirirana kwePGG yezvose zvikwata inopinduka kwenguva.
Rangano reGear Ratio Harushandi Kubhadhara Makosheni Nezvakawanda Zvikamu
Kakawanda, apo kambani yakakura kwazvo uye inobatsira, inodzorera yakawanda yemari kune vashandi vayo vari mubhadharo yemari. Izvi zvinogona kuguma mumamiriro ezvinhu apo kambani inenge ichiri kuwedzera ichikura zvishoma nezvishoma, asi kuwedzera pamari yekuwana-per-share kukura, vanochengetedza vashandi vari kugamuchira kuongorora kukuru mumakero avanokwanisa kupedza, kupa kupa rudo, kana kudzorera mune mamwe mashomanana e stock. Kana izvi zviri izvo, chirongwa che PEG choga hachikwani nokuti chichaonekwa kuti chimwe chinhu chinokwezva chinotonyanya kukoshesa, izvo zvingasava zvechokwadi.
Mune mamiriro ezvinhu aya, chirongwa chePGG hachina kushanda zvakanaka nokuti zvikwata zvine PEG ratios zvingave zvichiri kuunza kudiwa kwekudzoka . Zvechokwadi, matanho akanaka kuti kana iwe ukaongorora hukuru hwepamusoro, bhuu yebhuruu inotakura zvakadaro Procter & Gamble, Colgate-Palmolive, Coca-Cola, kana Tiffany & Company, kutumidza mashomanana makambani chaiwo enyika, iwe uchada shandisa sarudzo yakashandurwa PEG ratio, pane.
Nzira Yokuverenga Dhairiro Yakagadziriswa PEG Ratio
Kudzidza kuverenga kugoverwa kwakagadziridzwa PEG ratio iri nyore. Kunyora nhepfenyuro Peter Lynch yakarongedza kuchinjwa kwemazana makumi emakore apfuura apfuura:
Chikamu Chichigadziriswa PEG Ratio = (Mutengo ÷ Kuwana Kugovera Nega) ÷ (Zuva Rokuwana Kugovera Kugovera Kukura + Kugoverwa Kugoverwa)
Ngatitarisei paChina-Cola Company. Apo nyaya ino yakatanga kunyorwa musi waSeptember 29, 2012, mutengo waitengeserwa $ 38.85 pamiganhu uye yaive nemari yega yega ye $ 2.05. Chikamu chacho chaive $ 1.02 pamiganhu, zvichiita kuti pave nezvikamu zviviri zvezvikamu zvezvikamu . The ValueLine Investment Survey inofungidzira kuwedzera kwekuwana mugove wega wega pamakore anotevera 3-5 kusvika 8%. Iwe unogona kubvumirana kana kusabvumirana nemufananidzo iwoyo, asi nokuda kwezvinangwa, ndiyo ndiyo yatakashandisa mukuverenga kwedu sekuti chinangwa chakanga chiri chokudzidza kuverenga kugoverana kwechirongwa cheGear ratio, kwete kuongorora chero humwe humwe hupfumi.
Kana iwe waive uchishandisa chirongwa chePGG yenguva dzose, ungadai wakaverenga Coke's PEG se:
Danho 1: PEG Ratio = ($ 38.85 ÷ $ 2.05) ÷ 8
Nhanho 2: VAGARI VEVANHU = 19 ÷ 8
Nhanho 3: VANHU VEMAGADZIRO = 2.375
Is Coca-Cola chaiyo yakanyanyisa here? Kudai iwe wakabhadhara mari yauchawana sekuchengetedza soda mu soda giant, iyo inonyanya kukoshesa, iwe ungashandisa chikamu chakachinjwa PEG ratio formula:
Nhanho 1: Chigadziro Chigadziriswa PEG Ratio = ($ 38.85 ÷ $ 2.05) ÷ (8 + 2.6)
Danho rechipiri: Kugoverwa Kunogadziriswa PEG Ratio = 19 ÷ 10.6
Nhanho 3: Kugoverwa Kunogadziriswa PEG Ratio = 1.793
Muzviitiko zvose izvi, kana kukura muhomwe yega yega kugoverwa zvakanyatsofanotaurwa, zvingaita sekuti Coke haisi kukoshesa. Zvisinei, isu tinogona kutaurira kubva pachigadzirwa chechipiri che nhamba iyo kambani, asi pasina chokwadi ichiba, inodhura zvikuru kupfuura yePGG yega yekuti iwe unotenda.
A Tarisa Maitiro Ekuti Gwaro Rakagadzirisa sei PEG Ratio Yakashanda Muenzaniso Wedu
Zvakaitika pane zvakaitika zvakatsigira izvi. Sezvo ini ndichigadzirisa nyaya ino musi waFebruary 22nd, 2016, mutengo weCoca-Cola uri $ 44.03 wega, mugove wakatarwa uri $ 2.00 nechikamu, uye chikamu chacho chinokwana $ 1.40 pamudziro. (Cherechedza: Kune dzimwe nguva zvinyorwa zvekuverengera, kunyanya zvinosanganisira mari dzekushandura mari dzedzimwe nyika, zvichiita kuti mari inonzi yakabhadharwa yeCoke ioneke yakaderera kupfuura iyo inofanira kunge iri pasi pomuridzi wekuwana kuverenga.)
Mune makore anenge 3.5 kubvira pakatanga kubudiswa, iwe ungadai wakafarira kudzoka kwe $ 9,095 pamari pane yako $ 38.85 yekutsvaga, iyo inosvika $ 5.18 muzvikwereti zvisingabatsiri uye $ 3.915 muga-share share dividends, kana 23.41% zvakakwana. Izvi zvakashanda kune imwe makondomu yekuwedzera kwehuwandu hwepakati penharaunda inenge 6.2%, iyo isingashamisi asi yakanyatsokodzera pane zvawakabhadhara. Izvi zvinonyanya kupiwa kupa simba rebhizimisi. Sezvo muridzi weCoke, iwe wakabata zvakaenzana mukambani yakakodzwa yakawanda panyika. Zvakawanda kupfuura carbonated soda, inotengesa uye inoparadzira zvinhu zvose kubva kumuchero wearandisi uye tei kumukaka, kofi, uye zvinwiwa zvinodhaka. Izvo zvakakura zvikuru, inopa inofungidzirwa kuti 3,5% yezvisikwa zvezuva nezuva zvisiri zvezvinwiwa zvinodyiwa nevanhu vari munyika, kusanganisira mvura yepombi. Nhengo imwe chete yakatengwa muIAP zvakare muna 1919 ye $ 40, ine zvikamu zvinokwidziridzwa zvakare , ikozvino inokosha kumadokero kwe $ 15,000,000. Dai tainge taenda kune imwe Kukuru Kuwedzereka, maitiro ehurumende yaifamba kubhadharisa yakanga yakawanda, yakadzika kudarika iyo yakawanda inotengeswa pamatengesi. Zvechokwadi, munguva yekuderera kwekupedzisira, mumwe mubhengi muFlorida akachinja guta rake kuva mumiriyoni wemamiriyoni edzimbahwe reUnited States nekubatsira vanhu kuwana Coke stock, dzakawanda zvehupfumi hwakasikwa huripo nhasi.
Mumwe Major Pitfall wekuverenga Mutemo Wakagadziriswa PEG Ratio Inogona Kuitika Kana Zvinhu Zvimwe-Nguva, Kusiyirwa Kwemari, kana Mamwe Mamiriro Ezvinhu Anoshamisa Kusiyana Kwekuwana Unhu
Nzira yekutanga yekushandisa sarudzo yakagadziriswa PEG yekutaridzika inoitora semagwaro eMeanical metrics haisi iyo inotsiva kutongwa kwakananga. Kuziva kana nhamba idzi dzichiratidza hupfumi hwechokwadi hunoda kukwanisa kuongorora uye kugamuchira zvinyorwa uye kubvarura chikamu chezeri . Tichifunga kuti tave tichikurukurirana neThe Coca-Cola Company, zvingava zviri nyore kwandiri kuti ndirambe ndichirondedzera pamusoro pazvo pane kuunza imwe shandi parizvino.
Mumhuri mangu, takashandisa purogiramu yekugoverwa kweCoca-Cola kuti tidzidzise hanzvadzi yangu duku kudzinza. Bhizinesi rakanaka kwazvo zvokuti, pavhareji, tinotarisira kuti iite zvakanaka pamakore 30, 40, uye 50+ anotevera. Kunze kweizvozvo, pasinei nekuonekwa seine chikamu chakakwirira chakagadziriswa peGG ratio panguva ino, ini ndakapetwa kaviri murume wangu uye musimboti wangu weCoca-Cola nhasi uye ndakatsunga kuramba ndichiine iyo patinofa, tichiipfuurira kuvana vedu vari mberi uye vazukuru sechikamu chemhuri yekuvimba . Uyezve, ndine Coke inogoverwa mune zvimwe zveUTMA dzatakagadzirirwa vana vedu nevanin'ina. Kune Coke chikwata muvabereki vangu yekurega mari. Ndine Coke stock shoved muhama yangu yekurega mari. Ndinozvitora sehutano hwehupenyu hunoti, pose apo kuenzanisa kwakarurama, inowanzove pfungwa yakanaka kuwedzera kuhu huri, huchibvisa nokusingaperi.
Takave takakomborerwa zvikuru pakuita izvozvo. Coca-Cola yakabhadhara chikamu chisina kukanganisa kubva muna 1920. Yakasimudza chikamu ichocho munaFebruary wegore rimwe nerimwe kubva muna 1963 nekukwira kwechitsva kwekuuya kwemazuva mashomanana adarika apo mugove wegoverwe wega wega wakaparadzirwa ne 6%. Gore negore, Coke anoenderera mberi achatigeza nemari.
Nyatsocherechedza, kunyange zvakadaro, uye ikozvino mari yemari ye $ 44.03, uye ikozvino kuwanikwa kwe $ 1.67, chikamu chezvino che $ 1.40, uye muongorori anofungidzirwa kukura kwemakore mashanu anotevera a220% anopa chiratidzo chinonyengera chezvinhu zvinogona kutarisirwa nemuridziri. Gara mumagetsi uye unowani?
Chikamu Chichigadziriswa PEG Ratio = (Mutengo ÷ Kuwana Kugovera Nega) ÷ (Zuva Rokuwana Kugovera Kugovera Kukura + Kugoverwa Kugoverwa)
Chikamu Chigadziriswa PEG Ratio = ($ 44.03 ÷ $ 1.67) ÷ (2.2 + 3.19)
Chikamu Chigadziriswa PEG Ratio = 26.37 ÷ 5.39
Chikamu Chigadziriswa PEG Ratio = 4.89
Yeuka kuti mutengesi anonyatsogadzirisa anofanirwa kuda kuti zvikwata zvake zvive nehuwandu hwePGG kana kuti chikamu chinokonzerwa ne PEG chikamu che100 kana pasi uye inofanira kumira zvakanyanya kana chimiro chiripo kupfuura 2.00 kwenguva yakareba isipo pane imwe nzira yakasarudzwa yemamiriro; somuenzaniso, kana waive nehombe huru yeCoca-Cola nemitero yakawanda yakasarudzwa yakavakwa mukati maro nekuda kwekuita mabhizimisi makumi emakore akapfuura, zvingave zvine musoro kuibata, kunyanya kana iwe unofarira mari yakawanda yekusarura mari . Sei, saka, handidi kungoramba ndichibata zvatininazvo, asi kutenga zvakawanda?
Zviri nyore. Ikozvino mari yekuwana uye kukura kwezvikwata hazvirevi zvakarurama zvakanyatsokonzerwa nehupfumi pamusoro pezvenguva refu. Sezvo dzimwe nyika dzose dzichirwisana, dhora reUnited States rakasimudza kusvika nguva yose yakakwirira. Coke inoumba chikamu chakakura chemari inowanikwa uye mari kubva kune imwe nyika yaro. Iko dhora rakasimba rave rakanyanya kwazvo zvokuti dzimwe nyika dzairi kuita bhizinesi dzakawana kuwanda kwekutengesa kukura asi kuti kutengesa kukura kwakaonekwa sekuderera kwemari yakambodzoswa zvakare kudhora. Ichi chiitiko hachigari. Paunotanga kutarisa kwenguva refu kwenguva refu kupfuura makore gumi, inenge isingakoshi. Chinokosha ndeyekuti Coke iri kutengesa mamwe mvura, tei, kofi, mukaka, jisi, uye soda munharaunda dzose dzepasi; izvo zvekugovana zvekudzikinura uye zvikwereti zvinoramba zvichidzoka pfuma itsva inowanikwa kune veneti. Nokuda kwechikamu chikuru, sezvo nguva inopfuura, kambani inowedzera, inobatsira zvikuru, uye yakanyatsodzika midzi munharaunda iyo inotungamirira maitiro ayo. Kuchinja nokuda kwezvikonzero izvi, izvo zvandinofunga kuti ndezvokwadi chikamu chinogadziriswa PEG chikamu chakaderera pane chiverengero chakaverengwa chatakasvika.
Imwe Major Pit Pit yeChirongwa Chigadziriswa PeG Ratio Chiito Chekuva Izvo Zvakanaka Pamusoro Pekuwana Kuwedzera Maitiro
Dambudziko revasina ruzivo rwekurima mari uye nyanzvi dzakafanana dzinowanzomhanyira mukati apo kushandisa shanduko yemari yakadai sendivi yakagadziridzwa PEG yeruzhinji ndiyo tsika yevanhu inofanirwa kuva netarisiro yakawanda pamusoro pekuwedzera kwehuwandu hwekuwana zvikamu zvegairo. Wall Street vaongorori vanozivikanwa nekuita izvi. (Sezvokudzivirira, kuzviyeuchidza kuti ndisapinda mumusungo mumwe chete, ndinoramba ndichiongorora maitiro uye ndinoparadzanisa mapepa achidzoka kumashure makumi emakore muhofisi yangu uye mabhuku ekufukidza mabhizimisi akaparadzwa nekuda kwekuwisira kwekukuvara, dzimwe nguva mumwedzi yezvinyorwa zvinopenya zviri kunyorwa. Ndinogadzirisa kuverenga nguva nenguva, kunyanya asati aita mari kune imwe itsva inotengeswa.)
Imwe dambudziko haisi kuziva kuti zvinogamuchirwa kusaregera tetric pamiganhu yeiyo mafotoreti. Kudzokera kuThe Coca-Cola Company, semuenzaniso, kune nguva apo iwe uri kuvaka podfolio yemirairo; imwe nhoroondo yekuchengetedza kwezvizvarwa.