SP400Industrials {PCRA}

SP400Industrials

Description

Year-end data on the S&P 400 Industrials® Index from 1957 to 1987 extracted from a paper copy of the S&P Analysts' Handbook.

Usage

data(SP400Industrials)

Format

A data frame with observations on the S&P 400 Industrials® index from 1957 to 1987

• Year: type 'num'.

• Sales: type 'num'. Revenues per share for the S&P 400 Industrials for the calendar year.

• Operating_Profit: type 'num'. Operating Income per share for the S&P 400 Industrials for the calendar year.

• Profit_Margin_Pct: type 'num'. Ratio of Operating_Profit to Sales for the S&P 400 Industrials expressed as a percentage.

• Depreciation: type 'num'. Depreciation expense per share for the S&P 400 Industrials for the calendar year.

• Income_Taxes: type 'num'. Tax expense per share for the S&P 400 Industrials for the calendar year.

• Earnings_Per_Share: type 'num'. Fully Diluted As-Reported Earnings per share for the S&P 400 Industrials for the calendar year.

• Earnings_Pct_of_Sales: type 'num'. Ratio of Diluted_EPS to Sales for the S&P 400 Industrials from 1993 to 2007 expressed as a percentage. Definition currently unknown for earlier years.

• Dividends_Per_Share: type 'num'. Dividends per share for the S&P 400 Industrials for the calendar year.

• Dividends_Pct_of_Earnings: type 'num'. Ratio of Dividends_Per_Share to Diluted_EPS for the S&P 400 Industrials, expressed as a percentage.

• Price_High: type 'num'. Highest price level achieved by the S&P 400 Industrials Index during the calendar year.

• Price_Low: type 'num'. Lowest price level achieved by the S&P 400 Industrials Index during the calendar year.

• PE_Ratio_High: type 'num'. Ratio of Price_High to Diluted_EPS for the S&P 400 Industrials Index.

• PE_Ratio_Low: type 'num'. Ratio of Price_Low to Diluted_EPS for the S&P 400 Industrials Index.

• Dividend_Yld_High: type 'num'. Ratio of Dividends_Per_Share to Price_High for the S&P 400 Industrials Index.

• Dividend_Yld_Low: type 'num'. Ratio of Dividends_Per_Share to Price_Low for the S&P 400 Industrials Index.

• Book_Value_Per_Share: type 'num'. Year-end (12/31) Book Value (or Shareholders' Equity) per share for the S&P 400 Industrials Index.

• Book_Value_Pct_Return: type 'num'. Definition Unknown.

• Working_Capital: type 'num'. Definition Unknown.

• Capital_Expenditures: type 'num'. Capital Expenditures per share for the S&P 400 Industrials for the calendar year.

Details

Data for the S&P® 400 Industrials is taken from a paper copy of the S&P® Analysts' Handbook published in 1988. The average price level of the index in 1941-1943 was set to 10. The index is based on 70 individual groups, and price information on it was backfilled to 1918, though we do not have access to it. The original S&P® 500 index was created in late February 1957 and included 425 industrial stocks, 15 rail stocks and 60 utility stocks. In July 1976, financial stocks were added to the index, which now included 400 industrials, 40 utilities, 40 finance and 20 transport stocks. It is possible that the pre-1967 history was recreated by S&P® for the Analysts' Handbook. See https://globalfinancialdata.com/the-sp-composite-before-1957 for a useful history of the various S&P® indices.

Source

S&P Dow Jones Indices. S&P®, S&P 400 Industrials®, S&P 425 Industrials®, S&P Industrials®and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC, and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. © 2023 S&P Dow Jones Indices LLC, #' its affiliates and/or its licensors. All rights reserved. Redistribution of the data is not permitted, and use of the data in derivative works is not permitted without the written permission of S&P Dow Jones Indices LLC.

References

Chapter 13 (Expected Returns) of Martin, Philips, Scherer, Stoyanov and Li, Portfolio Construction and Risk Analysis, Springer, 2024.

Examples

 
data(SP400Industrials)
names(SP400Industrials)
head(SP400Industrials, 5)
tail(SP400Industrials, 5)