Why there are no share prices here
Every valuation ratio on this site is computed in your browser, against a price you type. Nothing is fetched and nothing is stored.
| What this site publishes | Figures computed from SEC filings: earnings, book value, owner earnings, free cash flow and revenue, per share. All public domain, all checkable against the filing each page cites. |
|---|---|
| What it does not publish | Any share price, and any ratio built from one — price/earnings, price/book, earnings yield, dividend yield. |
| Why not | Share prices are licensed data. Providers permit internal use and charge separately for redistribution, and a published price/earnings ratio beside a published earnings per share is redistribution: multiply the two and you have recovered the price exactly. One provider's terms name “simple transformations of open, high, low, close” as prohibited outright. |
| So the arithmetic moves to you | Every company page carries a box. Type the price you are being asked to pay and it divides, in your browser. The price never reaches this site. |
What you get for it
| Price / earnings | Against reported earnings per share. |
|---|---|
| Price / book | Against shareholders’ equity per share. |
| Price / owner earnings | Against net income plus depreciation less capital expenditure, per share — Buffett’s measure. |
| Price / free cash flow | Against operating cash flow less capex. |
| Price / sales | Against revenue per share. |
| Earnings yield | The inverse of price/earnings. |
| Dividend yield | Against dividends actually paid per share. |
A stale price is worse than none. A figure fetched once and cached is wrong by the next morning, and a valuation ratio built on it is wrong in a way nothing on the page would disclose. The price you type is current by definition.
The 11 metrics that need no price at all · What Buffett reads