Basis of ratios

Ratio	Definition
Earnings per share (EPS) (Rs.)	Profit/loss attributable to ordinary shareholders Average number of shares
Net assets value per share (NAPS) (Rs.)	Total shareholders’ equity Average number of shares
Market capitalisation (Rs.)	Market price per share x Number of shares
Price earnings (PE) (Times)	Market price per share Earnings per share
Dividend per Share (Rs.)	Total Gross Dividend (Proposed) Number of Shares as at the reporting date
Dividend yield (%)	Dividend per ordinary share x 100 Market price per share
Dividend cover (Times)	Profit/loss attributable to ordinary shareholders Total dividend paid to shareholders
Dividend payout (%)	Total dividend paid to shareholders x 100 Profit/loss attributable to ordinary shareholders
Earnings yield (%)	Earnings per share x 100 Market price per share
Return on equity (ROE) (%)	Profit/loss attributable to ordinary shareholders x 100 Average shareholders’ equity
Return on asset (ROA) (%)	Profit/loss attributable to ordinary shareholders x 100 Average total assets
Debt to equity (Times)	Borrowings Total shareholders’ equity
Cost to income ratio (%) (Excluding VAT on FS)	Total operating cost without VAT on financial services x 100 Total operating income
Operating profit margin (%)	Operating profit before VAT on financial services x 100 Total Revenue
Net interest margin (%)	Net interest income x 100 Average total assets
Provision cover	Provisions Accelerated Non-performing assets
Price to book value (PBV) (Times)	Market price per share Net assets per share
Total impairment provision to gross portfolio (%)	Total impairment provision x 100 Gross loans and receivables
Non-performing ratio	Gross non-performing portfolio x 100 Gross loans and receivables
Interest Cover	Profit before tax + Interest expense Interest expense
Quick Asset Ratio	Current assets - Inventories Current liabilities