مقايسه ارتباط تغييرات درآمد هر سهم و تغييرات بازده حقوق صاحبان سهام با تغييرات بازده سهام شركت هاي پذيرفته شده در بورس اوراق بهادار تهران

The comparison of relation between earning per share and return on equity changes with return on stock in accepted firms in Tehran Security Exchange

This study investigates the relation between earning per share changes and return on equity changes with return on stock changes in listed companies in Tehran Stock Exchange. The source of information for many of those who require to evaluate financial performance and make decisions about a company is annual financial statements and ratios. We concentrate on changes in earnings per share and the stock returns. The population of this study includes all listed companies in Tehran Stock Exchange and a sample which is selected from different industries during about 1381-1385. The aim of this study is to forecast the changes in the stock returns using the earning per share changes and return on equity changes. Based on this aim three hypotheses has been considered and analyzed by simple regression methods. The results show only the second hypotheses has been confirmed and there is a correlation between return on equity changes and return on stock changes. Away that 2.4%of changes in return on stock can be explained with the return on equity changes.