The yield ratio of single-A municipal bonds and Treasuries also popped over 100percentt in 2000, but investors should not turn up their noses at 97percentt.
One is the "earnings yield ratio", which compares returns on government bonds with an implicit earnings "yield" (in fact, the inverse of the p/e ratio) to shareholders.
At one time analysts liked to do this by quoting the yield gap (though this became inverted when dividend yields fell below bond yields in the 1950s) or the yield ratio, both of which relate share to bond yields.
In late September, plenty of analysts pointed to this rule of thumb as an argument that American shares were cheap.As a relative measure, the earnings yield ratio has the virtue of comparing shares with a riskless alternative, but it is a long way from being an iron law.
The yield ratio is reduced by heat treatment.
The yield ratio, R y, determines whether the spliced bars yielded during the experiment.
Its yield ratio is about 70%, compared with over 90% for facilities making HD DVDs, the report said, noting that Blu-ray discs, however, boast larger memory capacity.
In addition, the experimental steel with higher chromium exhibits better elongation, lower yield ratio and better formability.
Milk yield ratio (infused/noninfused gland) averaged 1.20, 1.12, and 1.17 for the preinfusion, infusion and post infusion periods, respectively.
Based on the results, a doubling of the abalone:fish yield ratio from 0.3 to 0.6 is feasible.
