This allows observation of the behavior of the shares representing
it. It is determined independently that the IGBVL selects
from those shares representing at least 80% of the sector's
market.
The Sectorial Indices are grouped in Banks and Financial
Institutions, Industrials, Mining, Utilities, Insurance, Diverse,
Industrial Employee, Mining Employee.
Since 1986, the Lima Stock Exchange has published in its
Daily Bulletin the LucrativenessIndex, which lets a share's
yield be measured during a certain period of time, the patternperiod
for this index being a year.
This index takes into account for its calculation the quotation
at the closing of the day and the quotation at closing of
the previous year, as well also as the benefits distributed
both in dividends in cash and shares of paid up, and suscriptions
rights.
For the Lucrativeness Index calculation of shares inscribed
in the Stock Exchange, thefollowing considerations are taken:
a) The share quotation equals 100 at the previous closing.
b) It is assumed that the dividends distributed in cash are
reinvested immediately in the purchase of more stock at the
ex-calculated dividend quotation, thereby increasing the number
of shares initially acquired.
c) Paid up stock received increases the number of shares
acquired initially.
E. Frequency
It compares the number of sessions in which the share has established
a quotation to the total number of sessions carried out in said
period.
The calculation formula is the following:
Frequency (%)=(Number of days with quotation)/(Number of
days in the period)
The stock market capitalization values the total of the shares
listed on the Stock Exchange and calculates it by multiplying
the number of shares in circulation by the closing quotation.
Ratio between the market price and the earnings per share of
stocks of a company. In theory, it represents the number of
years it would take an investor to recover its investment, through
profits distributed by the issuer.
Estimated value per share resulting from the assessment
of company assets and liabilities as recorded in the books of
account. It is determined by dividing the stockholders' equity
by the number of outstanding shares. In the case of companies
having issued employment stock, this value takes into account
the sum of both capital and employment stock.
