Sahmino Academy

Earnings Per Share (EPS) and Price-to-Earnings (P/E): What They Are and How to Read Them

This lesson explains how earnings per share (EPS) and the price-to-earnings (P/E) ratio are calculated, the difference between the trailing and forward versions, what "adjustment" means, and why in Iran's inflationary economy a low P/E does not always mean a cheap stock.

TEDPIX vs the Equal-Weight Index: What Sets Them Apart and Why They Diverge

Learn what the Tehran Stock Exchange's overall index (TEDPIX) and its equal-weight index each measure, why one can turn green while the other stays red, and what a divergence between them signals about market breadth and real-money (retail) inflows. A labelled hypothetical shows how an index can rise while most stocks fall.

Housing as an Asset: How Price per Square Meter, Deposit and Rent, and Transaction Costs Work

This lesson looks at a home as an asset: what "price per square meter" means, how a rental deposit (rahn) and monthly rent convert into each other, the true cost of a transaction (agent commission, tax, municipal fees), and why Iran's housing market moves in "jumps and lulls" rather than a smooth climb.

What Is Liquidity, and Why Selling a House Differs From Selling Gold

Learn what liquidity means, why one asset converts to cash quickly and near a fair price while another does not, and how to weigh the hidden cost of not being liquid. We walk the liquidity spectrum of an Iranian household's assets, from deposits and gold to housing, with clearly labelled hypothetical figures.

What Is Diversification? Why You Should Not Put All Your Eggs in One Basket

This lesson explains what diversification means, how spreading money across several assets lowers risk, and why "correlation" between assets is the key. Using a hypothetical gold-and-stocks example, we show how a good basket is built, and why buying dollars, coins and gold at the same time is not really diversification.

Risk and Return: How Are They Related, and Which Risks Threaten a Household's Savings?