The ratio of earnings per share, after allowing for tax and interest payments on fixed interest debt, to the current share price. The inverse of the price-earnings ratio. It is the total twelve months earnings divided by number of outstanding shares, divided by the recent price, multiplied by 100. The end result is shown in percentage terms. We often look at earnings yield because this avoids the problem of zero earnings in the denominator of the price-earning ratio. Bloomberg Financial Dictionary
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An accounting ratio defined as net earnings per share multiplied by 100/80 and divided by the share price. The net earnings are multiplied by 100/80 to give an earnings yield which is calculated on the same basis as dividend yield. Broadly speaking, the lower the earnings yield, the higher the company's share price and the more highly rated the company is. Dresdner Kleinwort Wasserstein financial glossary
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earnings yield UK US noun [C] FINANCE
► a way of measuring financial performance by comparing a company's earnings per share in a particular period with its share price: »
The earnings yield has moved more or less in step with long-term bond rates.
Financial and business terms. 2012.