Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I'd be interested to see where they came up with this version of the formula. In my copy of Intelligent Investor it shows:

P = ProjEPS * (8.5 + (2*G))

Where did the adjustment for bond rate come from?

If you run Pfizer with the above you'll see the current price makes it OVERVALUED !
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.