Berner Kantonalbank AG (LTS:0QM2) Earnings Yield % : 8.08% (As of Jun. 20, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Berner Kantonalbank AG Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-06-20), the stock price of Berner Kantonalbank AG is CHF234.00. Berner Kantonalbank AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was CHF18.92. Therefore, Berner Kantonalbank AG's earnings yield of today is 8.08%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Berner Kantonalbank AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 32.46%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.

Berner Kantonalbank AG Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

Berner Kantonalbank AG's Earnings Yield for today is calculated as

Earnings Yield	=	Earnings per Share (Diluted) (TTM)	/	Share Price
	=	18.915	/	234.00
	=	8.08 %

For company reported semi-annually, Berner Kantonalbank AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF18.915 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Earnings Yield

Net Income

Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.

Berner Kantonalbank AG (LTS:0QM2) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.

Berner Kantonalbank AG Earnings Yield % Related Terms

Thank you for viewing the detailed overview of Berner Kantonalbank AG's Earnings Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Berner Kantonalbank AG (LTS:0QM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berner Kantonalbank AG (LTS:0QM2) » Definitions » Earnings Yield %

Comparable Companies

Traded in Other Exchanges

BEKNz:UK BEKN:Switzerland

Address

Bundesplatz 8, Postfach, Bern, CHE, 3011

Website

https://www.bekb.ch

Berner Kantonalbank AG is a Swiss cantonal bank. It is engaged in the business activities in the Canton and the neighboring economic area. It manages the assets, grants loans to private individuals and companies. The bank offers solutions for paying, saving, investing, financing and provisioning. It focuses its activities on two core business areas namely business with private and corporate customers, in particular, SMEs, and asset management. The bank provides consultancies to SMEs and individuals, as an employer, as a training bank, and as a taxpayer.

Berner Kantonalbank AG (LTS:0QM2) Headlines

No Headlines