|
Model Summary |
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|
Model |
R |
R Square |
Adjusted R Square |
Std. Error of the Estimate |
|
1 |
.375a |
.141 |
.139 |
3.77189 |
|
a. Predictors: (Constant),
Expected Earnings Growth, Payout Ratio, Beta |
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|
Coefficientsa,b |
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|
Model |
Unstandardized Coefficients |
Standardized Coefficients |
t |
Sig. |
||
|
B |
Std. Error |
Beta |
||||
|
1 |
(Constant) |
5.630 |
3.625 |
|
1.553 |
.121 |
|
Beta |
11.354 |
2.205 |
.115 |
5.149 |
.000 |
|
|
Payout Ratio |
2.707 |
.485 |
.122 |
5.584 |
.000 |
|
|
Expected Earnings Growth |
92.723 |
6.676 |
.310 |
13.890 |
.000 |
|
|
a. Dependent Variable: PE |
|
|
|
|
|
|
|
b. Weighted Least Squares
Regression - Weighted by Market Cap (in $) |
|
|
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With intercept
|
Model Summary |
||||
|
Model |
R |
R Square |
Adjusted R Square |
Std. Error of the Estimate |
|
1 |
.540a |
.291 |
.290 |
4.09162 |
|
a. Predictors: (Constant), ROE,
Beta, Payout Ratio, Expected Earnings Growth |
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|
Coefficientsa,b |
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|
Model |
Unstandardized Coefficients |
Standardized Coefficients |
t |
Sig. |
||
|
B |
Std. Error |
Beta |
||||
|
1 |
(Constant) |
-3.081 |
.449 |
|
-6.866 |
.000 |
|
Beta |
2.608 |
.239 |
.221 |
10.894 |
.000 |
|
|
Payout Ratio |
.219 |
.053 |
.083 |
4.153 |
.000 |
|
|
Expected Earnings Growth |
10.869 |
.724 |
.304 |
15.005 |
.000 |
|
|
ROE |
17.801 |
1.070 |
.332 |
16.641 |
.000 |
|
|
a. Dependent Variable: PBV |
|
|
|
|
||
|
b. Weighted Least Squares
Regression - Weighted by Market Cap (in $) |
|
|
||||
Without intercept
|
Model Summary |
||||
|
Model |
R |
R Squareb |
Adjusted R Square |
Std. Error of the Estimate |
|
1 |
.849a |
.721 |
.721 |
4.1439330 |
|
a. Predictors: ROE, Payout
Ratio, Expected Earnings Growth, Beta |
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|
b. For regression through the
origin (the no-intercept model), R Square measures the proportion of the
variability in the dependent variable about the origin explained by
regression. This CANNOT be compared to R Square for models
which include an intercept. |
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|
Coefficientsa,b,c |
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|
Model |
Unstandardized Coefficients |
Standardized Coefficients |
t |
Sig. |
||
|
B |
Std. Error |
Beta |
||||
|
1 |
Beta |
1.362 |
.158 |
.245 |
8.614 |
.000 |
|
Payout Ratio |
.205 |
.053 |
.049 |
3.831 |
.000 |
|
|
Expected Earnings Growth |
10.017 |
.723 |
.292 |
13.859 |
.000 |
|
|
ROE |
14.271 |
.950 |
.367 |
15.022 |
.000 |
|
|
a. Dependent Variable: PBV |
|
|
|
|
||
|
b. Linear Regression through
the Origin |
|
|
|
|
||
|
c. Weighted Least Squares
Regression - Weighted by Market Cap (in $) |
|
|
||||
With intercept
|
Model Summary |
||||
|
Model |
R |
R Square |
Adjusted R Square |
Std. Error of the Estimate |
|
1 |
.536a |
.288 |
.286 |
4.0318556 |
|
a. Predictors: (Constant), Net
Margin, Beta, Payout Ratio, Expected Earnings Growth |
||||
|
Coefficientsa,b |
||||||
|
Model |
Unstandardized Coefficients |
Standardized Coefficients |
t |
Sig. |
||
|
B |
Std. Error |
Beta |
||||
|
1 |
(Constant) |
-1.765 |
.421 |
|
-4.197 |
.000 |
|
Beta |
1.828 |
.236 |
.158 |
7.753 |
.000 |
|
|
Payout Ratio |
.077 |
.052 |
.030 |
1.482 |
.139 |
|
|
Expected Earnings Growth |
8.688 |
.715 |
.248 |
12.145 |
.000 |
|
|
Net Margin |
17.275 |
.766 |
.452 |
22.564 |
.000 |
|
|
a. Dependent Variable: PS |
|
|
|
|
|
|
|
b. Weighted Least Squares
Regression - Weighted by Market Cap (in $) |
|
|
||||
No intercept
|
Model Summary |
||||
|
Model |
R |
R Squareb |
Adjusted R Square |
Std. Error of the Estimate |