Earnings Per Share (Derived)
Helps You Identify If
EPS assesses how much revenue is earned in relation to its underlying equity amounts. The higher the EPS, the better the general health of the business. EPS is normally only assessed for publicly listed companies. But we make some assumptions to derive it. It is not possible for Jazoodle to identify how many shares may have been issued by a company. For this reason, we assume total shareholders equity as being the sum of paid up capital, retained earnings, and current earnings. This may not be accurate, but if used consistently over time, should provide a great way of understanding underlying relative business performance.