Dear community users:
Since FT itself has similar stock characteristics (permanent revenue distribution rights), we introduced the concept of FT static P/E ratio so that community users can better evaluate the value of FT. The concept and meaning of P/E ratio can be found at the following link Price–earnings_ratio,-Wikipedia
The specific algorithm is:
Yesterday FT static P/E ratio (year) = current FT market price / ( yesterday's cumulative revenue distribution * 365 / yesterday FT circulation total)
1.Interpretation of the meaning of yesterday FT static P/E ratio. That is, according to the revenue distribution and FT liquidity calculation of FT held yesterday (regardless of the two factors of FCoin revenue growth and liquidity growth), how many years it takes to hold FT's profit can win back the current principal of FT. For example, yesterday's FT static P/E ratio is 2, which means that under the premise of not considering FCoin revenue growth and liquidity growth, it takes two years, the accumulated revenue distribution with FT holding can reach the current FT value.
2.The static P/E ratio generally reflects the relationship of return on investment, but it will fluctuate with the fluctuation of market trading volume, so this parameter is for reference only.
3.In the future, as FCoin's growth gradually stabilizes, we will also introduce more data such as dynamic P/E ratio for community users.