Percent Rank
Percent Rank. (e) "Percent Rank" for any given period means Company TSR's percentile rank relative to the TSRs of the members of the Peer Group and shall be calculated using the Microsoft Excel formula "=PERCENTRANK(X,Y)", in which "X" shall be a list of the TSRs of each member of the Peer Group for such period, and "Y" shall be Company TSR for such period; provided that if Company TSR for such period is less than the TSR of every member of the Peer Group, then Percent Rank shall be deemed to be 0%, and...
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Found in
Pebblebrook Hotel Trust contract