How to use this calculator

The purpose of this calculator is to determine what price or earnings per share (EPS) your stock would need to reach for it to be worth your target price-to-earnings (P/E) multiple. Start by entering the current share price and the EPS. The calculator will then determine the current P/E multiple. Then, enter your target P/E and the calculator will determine the price or EPS the stock needs to rise/fall to in order to reach that multiple.