A stock's price/earnings ratio divided by the company's projected EPS growth . The price/earnings ratio used in the numerator of this ratio is calculated by taking the current share price and dividing by the mean EPS estimate for the current fiscal year.
Origin
The company’s price is received from ComStock, a division of Interactive Data Corporation.The company’s earnings are found in the most recent annual report and 10-Q statement. Projected 5-year EPS growth rate is provided by Multex. Total shares outstanding are taken from the most recent financial statement.