Ex-dividend date
The ex-dividend date is the date from which new buyers are not entitled to the declared dividend. PSX investors watch this date to understand dividend eligibility and price adjustments around payouts.
Earnings per share
Earnings per share, or EPS, shows how much profit a company earned for each share. It is a common PSX valuation input, but investors should compare it with cash flow, margins, debt, and one-off gains.
Enterprise value
Enterprise value estimates the value of the whole business by combining market capitalization with net debt. It helps investors compare companies with different capital structures.
EV to EBITDA
EV to EBITDA compares enterprise value with operating earnings before interest, tax, depreciation, and amortization. It is often used for capital-intensive companies.
Exchange-Traded Fund (ETF)
An ETF is a fund that trades on the stock exchange like a single share.
Expense ratio
The expense ratio is the annual fee a fund charges as a percentage of your invested amount.
Earnings quality
Earnings quality describes how reliably reported profit reflects real, repeatable cash generation.
Equity risk premium
The equity risk premium is the extra return investors expect from stocks over the risk-free rate.