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Debenhams Market Value & P/E Ratio

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Introduction

Market Value Debenhams PLC Share Price & P/E ratio The market value of Debenhams' shares fell by approximately nine percent in 2010 compared to their value in 2009 (see Figure 1). The share price for the ended day for the financial year 2009 was 80 pence, while it for the financial year 2010 was 59 pence. The P/E is calculated by dividing the market value of a share at the end of the financial year by the EPS (Earnings per share) for that financial year. It can be calculated that, therefore, that the P/E for the financial year 2009 was 8.0, whilst the P/E for the financial year was lower at 7.87. ...read more.

Middle

Figure 2: FTSE 100 index from 2009 to 2011 Source: FT, 2011b Overall, Debenhams share price seemed to reverse the trend of FTSE 100 and it showed the negative grow in the year 2010. Department retailer sector With regards to the annual sales change of department retailer sector, it showed upward trends both for 2009 and 2010 by 1.5 percent and 8 percent, respectively (Mintel, 2011). It showed that the trend of Debenhams share price and the sales of department retailer sector have the opposite movement. In general, the trend of Debenhams's share price has the contrary trend of FTSE 100 index and the sales of department retailer sector. ...read more.

Conclusion

Analysts indicated that this could lead to the company paying dividends again in 2012(Fletcher, 2010). Reference: Atrill & Mclaney(2010) Acounting and Finance for Non-Specialists. 7th ed. Essex: Prentice Hall. Bond (2010) Debenhams faces shareholders' wrath at AGM [online]. Tue, 12th January. Available from: http://www.iii.co.uk/articles/13043/debenhams-faces-shareholders-wrath-agm [Accessed 21 Nov. 2011]. Financial Times (2011a) Debenhams PLC Market Data [online]. Available from: http://markets.ft.com/research/Markets/Tearsheets/Summary?s=DEB:LSE [Accessed 21 Nov. 2011]. Financial Times (2011b) FTSE 100 Index prices and performance [online]. Available from: http://markets.ft.com/research/Markets/Tearsheets/Summary?s=572009 [Accessed 21 Nov. 2011]. Flecter (2010) Debenhams edges higher as it refinances �650m of debt [online]. Mon, 19th July. Available from: http://www.guardian.co.uk/business/marketforceslive/2010/jul/19/debenhams-marksspencer [Accessed 21 Nov. 2011]. London Stock Exchange (2011) FTSE 100 [online]. Available from: http://www.londonstockexchange.com/prices-and-markets/markets/prices.htm [Accessed 21 Nov. 2011]. Mintel (2011) Department Store Retailing - UK - March 2011 [online]. Available from: http://academic.mintel.com/sinatra/oxygen_academic/search_results/show&/display/id=545274/display/id=569161#hit1 [Accessed 23 Nov. 2011]. ?? ?? ?? ?? ...read more.

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