PE Ratio Regression
Model Summary
Dependent variable: PE Ratio
Independent variables: See below
Number of observations: 1565
| R | R Square | Adjusted R Square | Std. Error of the Estimate |
| .406 | .165 | .164 | 862.78368 |
| Independent variable | Unstandardized Coefficients | Std. Error | t | Sig. |
| (Constant) | 9.880 | 1.083 | 9.125 | .000 |
| Expected Growth in EPS: next 5 years | .859 | .052 | 16.360 | .000 |
| Payout Ratio | .02565 | .014 | 1.785 | .074 |
| Regression Beta | 1.817 | .553 | 3.285 | .001 |
| R | R Square | Adjusted R Square | Std. Error of the Estimate |
| .406 | .165 | .164 | 40.9096 |
| Independent variable | Unstandardized Coefficients | Std. Error | t | Sig. |
| (Constant) |
.468 | .051 | 9.125 | .000 |
| Relative Growth |
.696 | .043 | 16.360 | .000 |
| Relative Payout |
.01903 | .011 | 1.785 | .074 |
| Regression Beta |
.08618 | .026 | 3.285 | .001 |
| R | R Square | Adjusted R Square | Std. Error of the Estimate |
| .502 | .252 | .251 | 88.895707 |
| Independent variable | Unstandardized Coefficients | Std. Error | t | Sig. |
| (Constant) |
11.218 | .447 | 25.072 | .000 |
| Payout Ratio |
.001606 | .001 | 1.089 | .277 |
| Regression Beta |
.348 | .055 | 6.270 | .000 |
| Ln (Growth) |
-1.348 | .062 | -21.779 | .000 |
| Independent variable | Unstandardized Coefficients | Std. Error | t | Sig. |
| Payout Ratio |
.01640 | .002 | 10.254 | .000 |
| Regression Beta |
.474 | .065 | 7.258 | .000 |
| Ln (Growth) |
.178 | .013 | 13.298 | .000 |
| R | R Square | Adjusted R Square | Std. Error of the Estimate |
| .346 | .120 | .119 | 386.233516 |
| Independent variable | Unstandardized Coefficients | Std. Error | t | Sig. |
| (Constant) |
7.795 | .514 | 15.162 | .000 |
| Effective Tax Rate |
-.08270 | .011 | -7.813 | .000 |
| ROC |
.02316 | .008 | 2.777 | .006 |
| Expected Growth in EPS: next
5 years |
.265 | .019 | 14.141 | .000 |
| R | R Square | Adjusted R Square | Std. Error of the Estimate |
| .776 | .602 | .601 | 142.228264 |
| Independent variable | Unstandardized Coefficients | Std Error | t | Sig. |
| (Constant) | -1.531 | .204 | -7.518 | .000 |
| Expected Growth in EPS: next 5 years | .125 | .008 | 15.137 | .000 |
| Payout Ratio | .006129 | .002 | 2.640 | .008 |
| Regression Beta | .357 | .090 | 3.965 | .000 |
| ROE | .189 | .004 | 46.662 | .000 |
| Independent variable | Unstandardized Coefficients | Std. Erro | t | Sig. |
| Expected Growth in EPS: next 5 years | .08834 | .007 | 13.021 | .000 |
| Payout Ratio | -.004511 | .002 | -2.409 | .016 |
| Regression Beta | -.005398 | .073 | -.741 | .459 |
| ROE | .172 | .003 | 49.917 | .000 |
| R | R Square | Adjusted R Square | Std. Error of the Estimate |
| .673 | .452 | .450 | 170.030766 |
| Independent variable | Unstandardized Coefficients | Std. Error | t | Sig. |
| (Constant) | -1.420 | .239 | -5.941 | .000 |
| ROC | .133 | .006 | 24.087 | .000 |
| Expected Growth in EPS: next 5 years | .129 | .013 | 9.766 | .000 |
| Standard Deviation | -.006530 | .005 | -1.401 | .161 |
| Reinvestment Rate | .02708 | .003 | 8.661 | .000 |
Without intercept
|
Independent variable |
Unstandardized Coefficients | Std. Error | t | Sig. |
| ROC | .114 | .005 | 24.983 | .000 |
| Expected Growth in EPS: next 5 years | .105 | .013 | 8.207 | .000 |
| Standard Deviation | -1.909E-02 | .004 | -4.515 | .000 |
| Reinvestment Rate | 2.081E-02 | .003 | 6.941 | .000 |
| R | R Square | Adjusted R Square | Std. Error of the Estimate |
| .839 | .704 | .703 | 116.104054 |
| Independent variable | Coefficient | Std. Error | T statistic | Significant at |
| (Constant) | -2.124 | .156 | -13.596 | .000 |
| Expected Growth in EPS: next 5 years | .114 | .007 | 16.658 | .000 |
| Payout Ratio | .00114 | .002 | 2.455 | .014 |
| Regression Beta | .702 | .076 | 9.281 | .000 |
| Net Margin | .239 | .005 | 51.937 | .000 |
| Independent variable | Unstandardized Coefficients | Std. Error | t | Sig. |
| Expected Growth in EPS: next 5 years | .05565 | .006 | 9.810 | .000 |
| Payout Ratio | -.01533 | .002 | -9.992 | .000 |
| Regression Beta | .167 | .069 | 2.430 | .015 |
| Net Margin | .218 | .005 | 47.275 | .000 |
| Model | R | R Square | Adjusted R Square | Std. Error of the Estimate |
| 1 | .720 | .518 | .516 | 130.407896 |
| Independent variable | Coefficient | Std. Error | T statistic | Significant at |
| (Constant) | -.997 | .185 | -5.385 | .000 |
| Expected Growth in EPS: next 5 years | .122 | .010 | 11.966 | .000 |
| Pre-tax Operating Margin | .102 | .004 | 23.854 | .000 |
| Standard Deviation | .002949 | .004 | .809 | .419 |
| Reinvestment Rate | -.007176 | .003 | -2.791 | .005 |
| Independent variable | Unstandardized Coefficients | Std Error | t | Sig. |
| Expected Growth in EPS: next 5 years | .103 | .010 | 10.561 | .000 |
| Pre-tax Operating Margin | .08998 | .004 | 24.296 | .000 |
| Standard Deviation | -.004928 | .003 | -1.450 | .147 |
| Reinvestment Rate | -.01221 | .002 | -5.003 | .000 |