Is this synonym with justified forward PE ratio or something? Calculated as (1-b)/(r-g).
intrinsic PE ratio, I’ve also seen to be, PV of future CFs / r - g. I think any of the ways the CFAI texts show how to value a company, it is to find the intrinsic value. I would worry about it too much.
Intrinsic P/E is a synonym with justified P/E.
=Tangible P/E + Franchise P/E = 1/r + FF * G FF = Franchise Factor= (1/R - 1/ROE) = (ROE-R)/(R.ROE) G = Growth Factor=g/(r-g) Tangible P/E = 1/r -> P/E for a No profitable projects (No positive NPV projects firm).