Tools · Free

Valuation calculator

Your assumptions

Bear and bull cases

Growth (%)Exit P/E Bear Bull

The starting values are the Adobe example from the founders' notes: $349, 13% EPS growth, and a 25x exit P/E.

What it implies

Price in 5 years—
Return per year from today—
Current multiple—
Entry price for your return—
Entry price for 15% a year—
Entry price for 20% a year—
CaseGrowthExit P/EPrice in 5 yearsReturn per year

YearEPSPriceReturn from today

A projection from your own assumptions, not a forecast or advice. The multiple moves evenly from today's to your exit multiple by year 5.