• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Debenhams Market Value & P/E Ratio

Extracts from this document...


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.


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.


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.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our University Degree Finance section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related University Degree Finance essays

  1. Participants in derivatives market.

    and options market will increase brokerage business for member and more volume in turn reduces the brokerage. Thus more and more participation of traders other than members gives liquidity and depth to the futures and options market. Members can attract involvement of other by providing efficient services at a reasonable cost.

  2. The Search for Ralative Value in Bonds.

    Unfortunately, nearly no manager has shown a consistent ability to get this right. Consequently, plan sponsors and other supervisors typically impose fairly tight duration targets on portfolio managers. A second way to outperform is to put on steepening trades before the yield curve steepens and flattening trades before the yield curve flattens.


    paid in full. Mu?awamah Mu?awamah i? a general ?nd regular kind of ?ale in whi?h pri?e of the ?ommodity to be traded i? bargained between ?eller ?nd the buyer without ?ny referen?e to the pri?e paid or ?o?t in?urred by the former. Thu?, it i? different from Murabaha in re?pe?t of pri?ing formula.

  2. Need of consumer Banking

    Problems in current system of consumer banking * Solution for problems faced by lenders & borrowers * Exploration of opportunities in future * Role of consumer banking in Economic Development 1.4 Scope & Limitation Issues like, problems in consumer banking due to which some banks temporarily stop consumer financing, why

  1. Universal Banking

    and investment banking i.e. issuing, underwriting and trading in securities, this is the narrow definition of universal banking. In a very broad sense, the term 'universal bank' refers to those banks that offer a wide range of financial services, such as, commercial banking & investment banking and other activities especially insurance.

  2. Executive Summary

    1941 - Merrill Lynch, E.A. Pierce merged with Fenner & Beane to become the world's largest securities house with offices in 93 cities and memberships in 28 exchanges. 1956 - Merrill Lynch is one of 7 underwriters to bring Ford Motor public in a record $600 million offering 1960

  1. Information Technology and Developments in the Banking Sector Globally

    The continuing development of more and more complicated back-office systems would not have been possible without information technology. In many cases, computers have replaced banking personnel and they have become the most important factor behind the decreasing amount of working places (Lehti & Kari, 1996, p.123).

  2. There is only one factor that determines the value of a house: Fair Market ...

    Unless you are very sure of what you are doing and have done your research very carefully you might want to consider seeking a professional opinion before determining what to ask or what to pay for a home. It would appear that house buying remains buoyant but actually first time

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work