8 key ratios to spot the right stocks

Book value per share:

This ratio shows the worth of each share of a company as per the company's accounting books. It is calculated as: Book Value per share = Shareholders' funds / Total quantity of equity shares issued
Shareholders' funds can be computed by subtracting the total liabilities (money owed to creditors) of the company from its total assets. It can also be calculated by adding the equity capital to the company's reserves. Book value is an old record that uses the original purchase prices of the assets. However it doesn't show the present market price of the company's assets. As a result, this ratio has a restricted use when it comes to estimating the market price of the shares, but can give you an estimate of the minimum price of the company's shares. It will also help you judge if the share price is overpriced or under-priced.
Earnings per share (EPS):

One of the most popular investment ratios, it can be computed as:
Earnings per Share (EPS) = Profit Post Tax / Total quantity of equity shares issued
This ratio computes the company's earnings on a per share basis. E.g. you own 100 shares of ABC Co., each having a face value of Rs 10. Assume the earnings per share is Rs 10 and the dividend declared is 30 per cent, or Rs 3 per share. This implies that on every share of ABC Co, you earn Rs. 6 each year, but you actually get Rs 3 via dividend. The balance of Rs 4 per share goes into the plough back (retained earnings). Had you purchased these shares at par, it implies a return of 60 per cent. This example shows that instead of looking at the dividends received from to company as the base of investment returns, always look at earnings per share, as it is the actual indicator of the returns earned by your shares.
Price earnings ratio (P/E):

This ratio highlights the connection between the market price of a share and its EPS.
Price/Earnings Ratio (P/E) = Price of the share / Earnings per share
It shows the degree to which earnings of a share are protected by its price. E.g. if the P/E is 40, it means the share price is 40 times its earnings. So if the company's EPS is constant, it will need about 40 years to make up for the purchase price of the share, after taking into account the dividends and the capital appreciation. Hence low P/E means you will recover your money quickly. P/E ratio shows what the market thinks about the earnings potential and future business forecast of a company. Companies with high P/E ratios are the darlings of the investors and thus enjoy a higher market rating. In order to use the P/E ratio properly, take into account the future earnings and growth projections of the company. If the current P/E ratio is low, as against the future prospects of a company, then the shares make an attractive investment option. But if the company is saddled with losses and falling sales, stay away from it, despite the low P/E ratio.
Dividend:

Dividend is the portion of the profit that is distributed amongst shareholders. Companies offering high dividends, normally don't have much of growth to talk about. This is because the plough back required to finance future development is insufficient. Similarly, those companies in high growth sector don't give any dividend. Instead here they give sharp capital appreciation, which ultimately will lead to higher dividends. So it makes much more sense to invest for capital appreciation instead of dividends. Rather it makes more sense to invest for yield, which is nothing but the association between the dividends and the market price of the shares.
Yield:

(dividend yield) can be calculated as:

Yield = (Dividend per share / market price of a share) x 100
Yield shows the returns in percentage that you can expect via dividends earned by your investment at the current market price. It is more useful than simply focusing on the dividends.
Return on capital employed (ROCE):

ROCE is the ratio that is calculated as:
ROCE: Operating profit / capital employed (net value + debt)
To get operating profit, add old taxes paid, depreciation, special one-off expenses, and special one-off income and miscellaneous income to get the net profit. The operating profit is a far better indicator of the profits earned by the company instead of the net profit. Hence this ratio is the better indicator of the general performance of the company and the company's operational efficiency. It is one of the most useful ratio that lets you compare amongst the companies.
Return on net worth (RONW):

RONW is calculated as RONW = Net Profit / Net Worth
This ratio gives you an idea of the returns generated by investing in the company. While ROCE is an effective measure to get a general overview of the profitability of the company's business operations, RONW lets you gauge the returns you can earn on your investment. When used along with ROCE, you get an overview of the company's competence, financial standing and its capacity to generate returns on shareholders' finances and capital employed.
PEG ratio:

PEG is an essential and extensively used ratio for calculating the inbuilt worth of a share. It helps you decide whether the share is under-priced, totally priced or overpriced. To derive the ratio, you have to associate the P/E ratio with the expected growth rate of the company. It assumes that higher the growth rate of the company, higher the P/E ratio of the company's shares. Vice versa also holds true.
PEG = P/E / expected growth rate of the EPS of the company
In general, a PEG lesser than 0.5 is a lucrative investment opportunity. However if the PEG exceeds 1.5, it is time to sell. These are some of the most critical ratios that must be considered when purchasing a share. Extensive reading of the financial performance of the company in newspapers and magazines will help you get all the relevant information to get the correct decision

Inspirational Quotes

Ø Yesterday is the past, tomorrow is the future but today is a gift – that’s why we call it as present.
Ø The best way to make our dreams true is to wake up on time.
Ø Reading without thinking is like eating without digesting.
Ø If I had eight hours to chop a tree then I would spend six hours to sharpen my axe.
Ø Nothing fades faster than a new idea in a closed mind.
Ø Make new friends, but keep the old; those are silver but these are gold.
Ø Choice, not chance determines destiny.
Ø Great minds have purposes…others have wishes.
Ø Everything comes too late for those who only wait.
Ø Progress is the activity of today but the assurance of tomorrow.

My Result Day by Ishika

ON 28 March it was a result day. When I sat in my car I was very sad .I was thinking that I will not get any rank then we went to school. The award ceremony was started. When the ma’ m said IV class then I was very scared. First was my classmate Tanmay and second was I. when the ma’m said Ishika mogra. I was very shocked. When I went to stage I was awarded the silver medal. My maths teacher said that she was very happy with her maths marks. I got 96 marks in maths. When we went home we called many places like nana nani and dada dadi. T hey all are very happy. We went to Gaurav Tower we eat so many things like pizza, sandwich, kulfi, sweet corn etc then I promise on now onwards I would always come among top 3 ranker among the class.

Build Your Self Confidence

One of the most important steps to achieving your goals in life is to develop a strong sense of self confidence. This does not however involve becoming loud or arrogant. On the contrary, people with genuine self confidence are usually calm and self assured and do not need to 'big note' themselves.

Here are my top ten tips for building your self confidence:

1. Visualise Yourself As The Person You Want To Be
Each morning spend a few minutes visualising yourself as the person you want to be. Think about the way you dress, the way you carry yourself and the way you interact with other people. Seeing yourself as the person you want to become is the first step towards building self confidence.
2. Self Confidence Statement

After visualising yourself as the person you want to be, read the following statement out loud:"I know I have the ability to achieve my major goal in life. Therefore today,I demand of myself persistent and continuous action towards achieving my goal"Reading this statement out loud is a great way to start your day in a confident state of mind.
3. Dress Well

One of the most effective ways to instantly improve your level of self confidence is to dress well and to make the decision to always be well groomed. This does not mean you have to go out and buy a whole new wardrobe. Instead, just focus on gradually building up a small collection of good quality clothes. Also remember that simple accessories such as a tie clip or necklace can make a big difference to the way you look and feel.
4. Positive Posture

Another powerful way to build your sense of self confidence is to stand up straight and lose the slouch that many of us have acquired over the years. While you may be able to make a change to your posture by simply becoming aware of it, the best way to make a long lasting change to your posture is to practice yoga or pilates.
5. Move With Purpose

A simple but effective tip for increasing your levels of self confidence is to always move with a sense of purpose. In his book 'The Magic of Thinking Big', David Schwartz recommends walking 25% faster than normal. Having a spring in your step lets people know that you have important things to do and actually makes you feel more confident as you go about your daily business.
6. Become A Participant

Have you ever noticed that in most meetings or groups, people immediately head towards the back of the room so that they can remain as inconspicuous as possible? A great way to increase your visibility and sense of self confidence is to make the decision to always sit towards the front of the room and be a participant. When you have something to say - don't be afraid to say it.
7. Connect With Confidence

Another way to quickly improve your self confidence is to practice making a strong first impression. When you meet someone face-to-face, look them directly in the eye, smile broadly, shake hands firmly and say, "Hi Jim, nice to meet you".Similarly, you can sound more confident on the phone by answering, "Good morning Carol Jones speaking" instead of simply saying "Hello"
8. Build Your Success File

Occasionally your self confidence will take a hit when something doesn't work out the way you hoped. One of the best ways to repair your self confidence in this situation is to keep a folder outlining your past achievements and successes. You should also include any positive feedback that you've received from others.As you review your success file and fill your mind with positive comments, your doubts and insecurities will quickly disappear and your self confidence will be restored.
9. Preparation

The BIG secret to being self confident that people rarely talk about is - preparation. The more you prepare and practice for an event, the more self confident you will become.If you are worried about an upcoming event, use your apprehension as a stimulus to take action and practice, practice, practice. The simple but powerful truth is that self confidence grows through repetition and experience.
10. Toastmasters

Final tip for developing self confidence is to join a Toastmasters group.Toastmasters is a non-profit organisation that helps people from all walks of life to develop their public speaking and leadership skills. In my experience Toastmasters offers a safe and relaxed environment to step out of your comfort zone and develop the invaluable skills of being able to think on your feet and speak in public.

Good Jokes....enjoy !!!

1. Police arrested a drunkard & askd: Where r u goin?
Man: I'm goin 2 listen lecture on ill effcts of drinking.
Cop: Who'll lecture at midnite?
Man: My wife...
2. Law Professor: Which is the most important LAW of Finance for Starting a New Business
Student: Father-in-Law!
3. Man: Is there any way for long life?
Dr: Get married.
Man: Will it help?
Dr: No, but the thought of long life will never come.
4. What's the biggest pressure for Pak captain when Pak needs 1 run to win in 8 ovrs, with 5 wickets in hand?
Ya Allah! How to speak English in presentation ceremony?
5. Beggar: Saab 12Rs do na coffee peeni hai.
Man: Lekin coffee to 6Rs ki hai?
Beggar: Par saab girlfrend bhi to hai.
Man: Bhikari hokar bhi GF banali.
Beggar: Na saab,GF ne Bhikari bana diya!
6. Q: Why do women live longer than men?
A: Shopping never causes heart attacks, but paying the bill does!
7. Q: Wats the diff between Complete & Finished?
A: If you find good wife u r complete otherwise u r finished.
8. So many options: Poison, sleeping pills, hanging, jumping from a building, lying on train tracks, but we chose Marriage, slow and sure!
9. Have u heard about the man who threw his wife into a pond of crocodiles?
He's now being harassed by the animal rights for being cruel to the crocodiles.
10. Two men r talking.
1st: I got married coz I was tired of eating out, cleaning the house, doing the laundry & wearing shabby clothes.
2nd: Amazing, I just got divorced for the very same reasons
11.Wife: If I dismiss the cook and make the food myself for a month, what will you pay me?
Husband: I won't have to pay you, you'll get my entire insurance amount.

WHAT IS A FRIEND?

Your Heart is your Love,
Your love is your Family ,
Your family is your Future ,
Your future is your Destiny ,
Your destiny is your Ambition,
Your ambition is your Aspiration ,
Your aspiration is your Motivation ,
Your motivation is your Belief ,
Your belief is your Peace ,
Your peace is your Target ,
Your target is Heaven,
Heaven is no fun without FRIENDS

CRICKET

Most runs in ODIs AS ON 05.04.2009

Name Matches Runs Ave 100 50
Sachin Tendulkar 425 16684 44.37 43 91
Sanath Jayasuriya 432 13151 32.71 28 67
Inzamam-ul-Haq 378 11739 39.52 10 83
Ricky Ponting 311 11402 42.70 26 66
Sourav Ganguly 311 11363 41.02 22 72
Rahul Dravid 333 10585 39.49 12 81
Brian Lara 299 10405 40.48 19 63
JH Kallis 287 10057 45.30 16 71
Adam Gilchrist 287 9619 36.89 16 55
M Azharuddin 334 9378 36.92 7 58