Hi friends,
I just started learning about investing & shares.
It would be helpful if anyone could clear this out -
Suppose a company's share costs Rs. 500 and the EPS was 60.
Does this mean a shareholder will get Rs.60 per share annually?
If yes the annual returns is 12%. Right?
Someone kindly clear my doubts.
Sameer
I just started learning about investing & shares.
It would be helpful if anyone could clear this out -
Suppose a company's share costs Rs. 500 and the EPS was 60.
Does this mean a shareholder will get Rs.60 per share annually?
If yes the annual returns is 12%. Right?
Someone kindly clear my doubts.
Sameer