مجلة إضافات إقتصادية
Volume 10, Numéro 2, Pages 2160-2181
2026-09-30

The Impact Of Per-share Metrics On Corporate Value: A Cross-sectional Analysis Of The S&p 500 And Ftse 100 Companies

Authors : Terfas Djamel Eddine .

Abstract

This research aims to examine the impact of per-share indicators on the market valuation of firms. For this purpose, a cross-sectional multiple regression model was applied to 2025 data for companies in the S&P 500 and FTSE 100. The analysis uses market capitalization as the dependent variable, while earnings and dividends per share serve as independent variables. The estimates reveal significantly divergent dynamics between the two indices. For the S&P 500, the model proves significant. Conversely, the estimates for the FTSE 100 show no statistical significance. These empirical differences suggest that share price formation in the US market incorporates fundamental performance indicators much more efficiently than in the UK market. Keywords: Market capitalization; Earnings per share; Dividend per share; S&P 500; FTSE 100. JEL Classification Codes: G10; G12; G32; C21.

Keywords

Market capitalization ; Earnings per share ; Dividend per share ; S&P 500 ; FTSE 100