Perpetuity Value Calculator

V = C / r — present value of an infinite stream of equal cash flows.

Inputs

Use 0 for simple perpetuity, >0 for growing.

Result

Perpetuity value
$20,000.00
Simple perpetuity.
  • Cash flow$1,000.00
  • Discount rate5.00%
  • Growth rate0.00%
  • Effective denominator0.0500
  • Value$20,000.00

Step-by-step

  1. V = C / r = 1000 / 0.05 = $20,000.00.

How to use this calculator

  • Enter the periodic cash flow C.
  • Enter discount rate r.
  • For growing perpetuity, enter growth rate g (must be less than r).

About this calculator

A perpetuity is an infinite stream of equal cash flows. PV = C / r. For a "growing perpetuity" with growth rate g < r, PV = C / (r − g) — this is the Gordon growth model used to value stocks. The smaller the gap (r − g), the higher the value, which is why high-growth companies sell at high multiples.

Frequently asked

Mathematically: if g ≥ r, the geometric series diverges — value would be infinite. Economically: no finite-rate cash flow can grow faster than its required return forever.

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