Compute relative difference by industry
Computing the relative difference between a company's ratio and its industry average is an excellent way to see if a company is at par with its peers. In this exercise, you'll practice computing the relative difference of the equity multiplier ratio of various FMCG companies from their industry average.
A pandas
DataFrame balance_sheet
has been loaded for you. pandas
has been loaded for you under the alias pd
. You can call balance_sheet.columns
in the console to assess which columns you can use for the exercise.
Diese Übung ist Teil des Kurses
Analyzing Financial Statements in Python
Anleitung zur Übung
- Subset the entries in
balance_sheet
to get onlyfmcg
companies in the column"comp_type"
ofbalance_sheet
. - Add a column in
fcmg
where you compute the equity multiplier ratio. - Add a column to
fmcg
where you compute the average yearly equity multiplier ratio. - Add a column to
fmcg
where you compute the relative difference of the company's equity multiplier ratio with its industry average.
Interaktive Übung
Versuche dich an dieser Übung, indem du diesen Beispielcode vervollständigst.
# Subset the fmcg companies
fmcg = balance_sheet.____[____]
# Compute equity multiplier ratio
fmcg["equity_multiplier_ratio"] = ____
# Compute average equity multiplier ratio by year
fmcg["average_equity_multiplier_ratio"] = fmcg.____(____)[____].____(____)
# Compute the relative difference
fmcg["relative_difference"] = ____
print(fmcg[["Year", "company", "relative_difference"]])