How do you calculate the value of a stock?

[KenBob]

I think a good way of judging a valuation technique is to see how closely the calculated value gets to the current value. The more stocks where the calculated value is close, the better the technique.

I did a very informal study trying different methods. That is how I settled on my personal method for moderate to high yield stocks. For the majority of stocks, the forward P/E ratio appears to have the best results.