EPS computation

#1
Hi All,

I was computing EPS of Axis bank from money control site; but getting the figure incorrect……So need some clarification.

As per my calculation:
Net Profit for the Year 3388.49
Equity Share Capital 410.55
= 8.253537937 this is the EPS that I’m getting

But in money control, the EPS reflecting is 82.54

I can’t understand where I’ve gone wrong.

Kindly help me out.
Thanks in Advance.
Durai007
 

rvm123

Active Member
#2
As the face value of each share is Rs.10/-, your result has to be multiplied by 10. If u multiply, you will get the result. EPS is earnigs per share and not earning per rupee.
 

aryan.

Active Member
#3
Dont rely on money control numbers.

The axis bank annual report lists the following numbers

Net profit : 3,339.91 (crores)
Basic Shares : 40.85 (crores)

Divide the two and you get 81.77