DEFINING PARAMETERS

IIPM MANAGEMENT INSTITUTE
CASH EPS - It is the ratio of cash generated from operating activities to number of outstanding shares.

OUTSTANDING SHARES - Number of total shares excluding shares held by the promoters that have been publicly issued.

ADJUSTED RETURN ON CAPITAL EMPLOYED (ROCE) - It is the ratio of Profit After Tax (PAT) to gross capital employed after adjustments.

ADJUSTED CAPITAL EMPLOYED - Total funds utilised, excluding short-term liabilities, but including long-term debt.

RETURN ON ASSETS - Ratio of PAT to total assets.

MARKET CAPITALISATION - Total fl oat, that is, market price per share multiplied by the total number of shares issued.

DIVIDEND YIELD - Ratio of dividend per share to market price of the share.

LIMITATIONS - Since the data considers only listed companies for which the data was available, the ranking doesn’t consider companies like Coca Cola, Pepsi, LG, Samsung, GE, Citibank, which are obviously highly active in the Indian market, but whose India-specific financial details were either not publicly available or the corporations themselves refused to disclose the same. Even some companies from emerging sectors like aviation, real estate, retail et al did not feature in the final list because their representation at the Indian bourses is minimal...

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Source : IIPM Editorial, 2006

Initiative :- An IIPM and Management Guru Professor Arindam Chaudhuri