Relative value

Open a company

• NVDANvidia against semiconductors
• JPMJPMorgan against diversified banks
• LLYEli Lilly against pharmaceuticals
• XOMExxon Mobil against integrated oil and gas
• SAPSAP, a euro reporter, against application software
• MSFTMicrosoft against systems software

How the comparison is kept honest

• Every fundamental figure for one company comes from one annual filing, so fundamental ratios share a period and a currency. P/E combines the market-price snapshot with annual earnings; one-year return uses market prices, dated separately on each company page.
• Nothing is trailing twelve months. A 10-Q figure is year to date rather than the quarter and Q4 is not a reported fact, so neither is used.
• Nothing is converted between currencies. A peer reporting in EUR or JPY still compares on margins and returns, and is refused from a revenue or a market cap.
• No median, quartile or percentile is published under five peers, and the n is printed beside every one.
• A blank cell always carries its reason. It is never a zero.

Covers 5,633 companies with a comparable peer group. A company counts only when it is classified into an industry group (the GICS sub-industry where classified, otherwise the data vendor's label), has an annual filing (10-K, 20-F or 40-F) carrying fiscal-year figures, and has at least five classified peers with the same. Below five peers no median, quartile or percentile is published, so a name with four peers is not covered even though it has a peer list.