TTM Basic EPS YoY Growth
factor.formula
TTM Basic EPS YoY Growth Rate:
Formula explanation:
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Basic earnings per share (EPS) for the current reporting period (last 12 months rolling). This value is calculated by adding the company's net profit for the last four quarters and then dividing it by total shares.
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The last twelve months rolling basic earnings per share (EPS) for the same period of the prior year (the same period of the previous year corresponding to the current reporting period).
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The absolute value function is used to avoid ambiguity in the growth rate calculation when the basic earnings per share in the same period of the previous year is negative.
factor.explanation
This factor uses the last 12 months rolling (TTM) earnings per share to calculate the year-on-year growth rate. Compared with single-quarter data, TTM data can smooth short-term fluctuations and more stably reflect the long-term trend of a company's earnings. The year-on-year growth rate indicator avoids the incomparability of absolute values between companies of different sizes at different time points, making the earnings growth between different companies more comparable. When the basic earnings per share in the same period of the previous year are close to zero, the value of this factor will fluctuate greatly. The use of the absolute value function can effectively avoid this problem. It should be noted that when the value of this factor is too high, it may be necessary to combine other fundamental information for further analysis, such as examining revenue growth to confirm the sustainability of growth. At the same time, some cyclical industries have large earnings fluctuations, and it is necessary to analyze this factor in combination with industry characteristics.