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Topic: Business
Number of pages / Number of words: 2 / 322
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The range of measures used to analyse the return to equity investors is much greater than that applied to debentures, perhaps because this class of investment carries a greater risk, and ordinary shareholders are the most significant group of investors.

Headline Earnings Per Share

Traditionally, the most commonly quoted ratio has been earnings per share (EPS), but FRS 3, Reporting Financial Performance sought to remove what was considered ‘over-reliance’ on the single EPS figure as a basis for judgement of company performance...


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The range of measures used to analyse the return to equity investors is much greater than that applied to debentures, perhaps because this class of investment carries a greater risk, and ordinary shareholders are the most significant group of investors.

Headline Earnings Per Share

Traditionally, the most commonly quoted ratio has been earnings per share (EPS), but FRS 3, Reporting Financial Performance sought to remove what was considered ‘over-reliance’ on the single EPS figure as a basis for judgement of company performance...


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