Related Words

Debt To Tangible Equity Ratio: The ratio of total debt to owners' equity, used as a measure of leverage and ability to repay obligations.

Presymptomatic Screening: Testing to detect genetic disorders that only become apparent later in life. The tests are done before the condition actually appears, such as with Huntington disease.

Price-Book Ratio: Compares a stock's market value to the value of total assets less total liabilities (book value). Determined by dividing current stock price by common stockholder equity per share (book valu . . . View Full Definition

Presymptomatic Diagnosis: Diagnosis of a genetic condition before the appearance of symptoms.

Price-Earnings Ratio: Shows the multiple of earnings at which a stock sells. Determined by dividing current stock price by current earnings per share (adjusted for stock splits). Earnings per share for the P/E ra . . . View Full Definition

Present Value Factor: Factor used to calculate an estimate of the present value of an amount to be received in a future period. If the opportunity cost of funds is 10% over next year, the factor is [1/(1 + 0.10)].

Preferred Stock Ratio: Preferred stock at par value divided by total capitalization, which gives the portion of capitalization that consists of preferred stock.

Premium On Stock: The excess of the issuance (market) price of stock over its par or stated value.

Price-Earnings Ratio (P-E): The market value of a company's stock divided by net income.

Presto: A direction in sheet music indicating the tempo is to be very fast.