Formula / calculation
(Share Price
EndOfPeriod - Share Price BeginOfPeriod) + Dividents) / Share Price
BeginOfPeriod = Total Shareholder Return (TSR).
Note: dividends include
not only regular dividend payments, but also any cash payments to
shareholders and also include special or one-time dividends and also
include share buybacks. |
Description TSR Explained
Total Shareholder Return (TSR)
represents the change in capital value of a listed/quoted company over a period
(typically 1 year or longer), plus dividends, expressed as a plus or minus
percentage of the
opening value.
Due to its nature, TSR can not be
calculated at divisional level (Strategic Business Unit) and below.
And also due to its nature,
TSR cannot be
observed for privately held companies.
TSR can be easily compared from company
to company, and benchmarked against industry or market returns, without
having to worry about size bias (Total Shareholder Return (TSR) is a percentage).
Compare also:
Market Value Added |
Economic Value Added |
CFROI |
EBIT |
EBITDA |
Cash Ratio |
Current Ratio |
Return on Equity |
Fair Value |
TSR |
P/E Ratio |
Economic Margin
More valuation methodologies
|
Category
Financial Value
Market-Based
Expressed as a percentage
model, method
Economic Profit (indirect)
|