HomeDefinitionsCompareDebt Present Value Index (PVI)The financial definition for Present Value Index (PVI):The ratio of the NPV of a project to the initial outlay required for it. The index is an efficiency measure for investment decisions under capital rationing. Similar MatchesAdjusted present value (APV)Adjusted present value (APV)The net present value analysis of an asset if financed solely by equity (present value of unlevered cash flows), plus the present value of any financing decisions (levered cash flows). In other words, the various tax shields provided by the deductibility of interest and the benefits of other investment tax credits are calculated separately. This analysis is often used for highly leveraged transactions such as a leveraged buyout. AIMR Performance Presentation Standards Implementation CommitteeAIMR Performance Presentation Standards Implementation CommitteeThe Association for Investment Management and Research (AIMR) Performance Presentation Standards Implementation Committee is charged with the responsibility to interpret, revise, and update the AIMR Performance Presentation Standards (AIMR-PPS(TM) for portfolio performance presentations. Net adjusted present valueNet adjusted present valueThe adjusted present value minus the initial cost of an investment. Further SuggestionsNet present value (NPV)Net present value of growth opportunities Net present value rule Present value Present value factor Present value of growth opportunities Proportional representation Click to compare definitions of Present Value Index (PVI) Click to view definitions beginning pr |