Processing math: 100%

Evolution Index Calculator

Formula

To calculate the Evolution Index:

$\text{EI} = \frac{\text{GRP}}{\text{GRM}} \times 100$

Where:

$\text{EI}$ is the Evolution Index (%)
$\text{GRP}$ is the Growth Rate of the Product (%)
$\text{GRM}$ is the Growth Rate of the Market (%)

What is an Evolution Index?

An Evolution Index is a measure used to compare the growth rate of a product to the growth rate of the market. It is calculated by dividing the growth rate of the product by the growth rate of the market and then multiplying by 100. This index helps in understanding how well a product is performing relative to the market.

Example Calculation

Let's assume the following values:

Growth Rate of the Product ( $\text{GRP}$ ) = 8%
Growth Rate of the Market ( $\text{GRM}$ ) = 5%

Using the formula:

$\text{EI} = \frac{8}{5} \times 100 = 160$

The Evolution Index is 160%.