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Profitability Index (PI) = Present Value of Future Cash Flows / Initial Investment. PI > 1 means positive NPV, useful for capital rationing.

ଷ୍ଟେପ୍-ଷ୍ଟେପ୍ ଗାଇଡ୍ |

  1. 1Calculate PV of future cash flows
  2. 2Divide by initial investment
  3. 3PI > 1 accept, < 1 reject

ସମାଧାନ ହୋଇଥିବା ଉଦାହରଣ

ଇନପୁଟ୍
PV future CF $120k, initial invest $100k
ଫଳ
PI = 1.20 (good project, create $0.20 per dollar invested)
Useful when capital limited

ଏଡ଼ାଇବା ଯୋଗ୍ୟ ସାଧାରଣ ଭୁଲ

  • Confusing PI with ROI
  • Not accounting for scale differences

ବାରମ୍ବାର ଜିଜ୍ଞାସା

When is PI better than NPV?

With capital rationing constraints; allows ranking by efficiency.

ସେଟିଂ