The reason why you are willing to pay a higher Price to

So notice.

Because when someone says earnings, are those the earnings last year?

And you're going to pay a lower Price to Earnings ratio if the company isn't growing.

The earnings I just said, this is actually what happened to the company.

And how they were going to create demand was through search ads, social media, stadium promotions.

Maybe it goes to 2 in 2010.

And actually, this guy, even if the top line, even if the revenue grew the same and the operating profit grew the same, because of his leverage he would actually grow a

Obviously a 6 Price to Earnings of 20 times 2013 earnings isn't as good as a 6 Price to Earnings of 2010, because earnings in the future aren't worth as much as earnings today.

The third quarter GNP growth was 1 over the preceding quarter.

We learned that in our first video.

In this case, we use last year's earnings.

And the other reason is, this was just 2008 earnings.

Profitable.

That's 0.35 per share of EPS.

You always have to be looking forward.

So let me write this down.

But if you look here, by giving the same price to earnings, because they're the same business.

And the way I got interested in this was,

And B is expected to make 4 per share.

So a plus b have to be equal to 50.

You don't know.

Compared with last year, this year's crops are much better.

Are you using future earnings?

So these are the people, gee, subscription and half pay rental, let's do some math.

These are key metrics.

So let's look at them over the course of one year.

Invest financial assistance, but also management assistance.

The same thing's true for penguins as well.

If it's growing 100 a year for 20 years, this is actually a very good deal.

Maybe Abby made 50 and Ben earned 0.

And we can eyeball it right here.

We all know if you've watched the present value videos, money in the future, earnings in the future are worth less than earnings today.

The price to 2008 earnings for Company B is 4.

Earnings ratio of 4.

But it's going to continue to grow.

Company C is trading at 100.

Just to give you one example

And what's left over for the equity?

So let me switch colors just to ease the monotony.

And they were male and female 18 30 and they were casual fans.

But what happened here?

And the earnings on the bank account in that year were 200.

But just so you know what EBlT is, EBlT is just Earnings

India, starting a little bit later, but in 1990, begetting tremendous growth.