Everyone knows EPS is earnings per share but how to use it effectively to invest in stocks? What if I say Page Industries is one of the cheaper stock to invest into?
Earnings yield is the ratio of the earnings per share or EPS divided by the current share price. It is inverse of the price to earnings ratio
The screener query to the Joel Greenblatt’s magical formula from the book “The Little Book That Still Beats the Market” along with my view on the magical formula.