Price Discovery

    Who decides share prices?

    Basics of Stock Market

    Share prices are determined by supply and demand in the market.

    Formula

    N/A

    Why it matters

    Reflects the market's collective valuation of the company.

    Indian example

    Related terms

    Bid-Ask SpreadMarket Depth

    Learn the concept

    Equities (NSE, BSE, IPO Process) →

    From the research

    Valuation

    What Three Years of a Cash Flow Statement Reveals That One Year Hides

    A single year of cash flow is a snapshot. Three years is a story. Learn what the trend reveals about earnings quality, funding, and sustainability.

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    Comparing Two Companies on ROE, and Why the Higher One Is Not Always Better

    Two companies can report the same ROE for very different reasons. DuPont analysis shows why an ROE built on leverage is not the same as one built on quality.

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    What a High P/E Actually Implies, and When It Is a Trap

    A high P/E is not simply 'expensive'. It is the market pricing in expectations. Learn how to read what a P/E implies, and the two traps that catch beginners.