10 Best Free Online Profitability Index Calculator Websites

Here is a list of the best free online Profitability Index Calculator websites. The Profitability Index is a financial metric that evaluates the attractiveness of an investment. It compares the present value of expected cash flows to the initial investment. Thus PI helps assess the desirability of an investment by indicating the potential return for each dollar invested.

Profitability Index is calculated by dividing the present value of cash inflows by the present value of cash outflows. A PI greater than 1 suggests that the investment is potentially profitable, as the present value of cash inflows exceeds the initial investment. This post covers 10 websites where you can calculate the Profitability Index of an investment. You can simply add the investment information covering the initial amount, discount rate, and annual cash flows during the investment period. This gets you the Profitability Index of your investment.

My Favorite Online Profitability Index Calculator

GoodCalculators.com is my favorite website on this list for calculating profitability index online. The calculator calculates Net Present Value and Expected Cash Flows along with the Profitability Index. This can help you get the detailed insight into an investment. It also provides guides to help you learn to perform the calculation yourself using the PI formula.

You can check out our other lists of the best free Online NPV Calculator Websites, Online Purchasing Power Parity Converter Websites, and Online Return On Investment Calculator Websites.

Comparison Table:

Name	Profitability Index	Period	NPV Calculation	Expected Cash Flow
GoodCalculators.com	✓	Any	✓	✓
OmniCalculator.com	✓	Up to 10 yrs	x	✓
Calkoo.com	✓	Up to 20 yrs	✓	✓
iCalculator.com	✓	Any	✓	✓
Online-Calculator.org	✓	Up to 50 yrs	✓	✓
ExploringFinance.com	✓	Any	✓	x
AccountingForManagement.org	✓	Up to 10 yrs	x	✓
Calculatorway.com	✓	x	x	x
WpCalc.com	✓	x	x	x
eFinanceManagement.com	✓	x	x	x

GoodCalculators.com

GoodCalculators.com is a website that offers a collection of free online calculators for various purposes, including finance, mathematics, statistics, and analysis. It offers a free online calculator for calculating the profitability index (PI) or profit investment ratio (PIR) of an investment project. The calculator requires you to enter the amount of investment, the discount rate, the years of cash flow, and the annual cash flow for each year. Then it uses the formula PI = Present Value of Future Cash Flows / Initial Investment to calculate the PI. Along with the Profitability Index, it also calculates the Net Profit Value (NPV), and Expected Cash Flows.  The website also provides a detailed step-by-step guide for the calculations or equations aiming to help you understand the calculations.

How to calculate profitability index online using GoodCalculators.com?

• Head over to this Profitability Index Calculator using the link given below.
• Select the currency of choice and enter the Initial Investment and Discount Rate.
• Then set the Number of Years for the investment and provide Annual Cash Flow for each of these years.
• After that, click the Calculate button to get the PI along with NPV and Expected Cash Flows.

Highlights:

• Required Inputs: Initial Investment, Discount Rate, and Time Period with Annual Cash Flow.
• Time Period: Any number of years.
• Calculates: Profitability Index (PI), Net Profit Value (NPV), and Expected Cash Flows.
• Additional Features: Shows formula used with calculation steps.

OmniCalculator.com

OmniCalculator.com offers a collection of free online calculators for various purposes, including finance, mathematics, statistics, and analysis. The website currently offers over 3000 custom calculators that go beyond being simple tools. It has a Profitability Index Calculator that you can use to calculate the PI of an investment. This calculator has a simple mode and an advanced mode. The simple mode helps you calculate the Profitability Index from the Initial investment and PV of the future cash flow. Whereas the advanced mode takes Initial investment, Discount rate, Number of years, and Cash flow for those years as input. Based on that, it determines the PV of Each Year, the Total PV of future cash flows, and the Profitability Index. Apart from the calculator, this calculator provides definitions and other theoretical information on the Profitability Index that can help you understand the concept and learn the calculation process using the respective formula.

How to calculate profitability index online using OmniCalculator.com?

• Use the link provided below to access this calculator on OmniCalculator.
• Enter the Initial investment and PV of the future cash flow to get the Profitability Index.
• You can also toggle to advanced mode for additional calculations.

Highlights:

• Required Inputs: (In Simple mode) Initial investment and PV of the future cash flow. (In Advanced mode) Initial investment, Discount rate, Number of years, and Cash flow for those years.
• Time Period: Limited to a maximum of 1o years.
• Calculates: (In Simple mode) Profitability Index (PI). (In Advanced mode) PV of Each Year, Total PV of future cash flows, and Profitability Index.
• Additional Features: Shows formula used with calculation steps.

Calkoo.com

Calkoo.com is a website that provides a variety of calculators for different purposes, including finance, mathematics, and unit conversion. It has a comprehensive calculator for Profitability Index calculation. The calculator has a tabular interface where you have to provide the cash-in and cash-out for each year of investment. Based on the input, it calculates the net cash flow and discounted cash flow for each year of investment. It also sums up the total inflow, total outflow, and net flow of the cash during the investment period. At the end, you get the Profitability Index along with the Net Present Value.

How to calculate profitability index online using Calkoo.com?

• Open this calculator in your browser using the link given below.
• Enter the Discount Rate and select the Investment Period.
• Then provide the Cash Flows for the selected years to get the resulting calculations.

Highlights:

• Required Inputs: Annual Cash-In and Annual Initial Investment/Cash-Out.
• Time Period: Limited to a maximum of 2o years.
• Calculates: Annual Net Cash Flow, Discounted Cash Flow, Total Inflow, Total Outflow, Total Newflow, Net Present Value (NPV), and Profitability Index (PI).
• Additional Features: Provides detailed breakdown of the annual and total cashflows.

iCalculator.com

iCalculator.com provides free online calculators with supporting articles and guides for various purposes. The website offers a range of calculators that are free to use, and it aims to provide a calculator for any personal or business need. The Profitability Index Calculator on this website can help you evaluate the profitability of an investment. It is a simple calculator that takes the Initial Investment, Discount Rate, Number of Years, and Annual Cash Flow of each year as input. Then it uses the PI formula and determines the Profitability Index of that investment. Along with PI, the calculator also gives you the Net Present Value (NPV) and Expected Cash Flows of the investment. Apart from that, it provides the definition and explains the PI formula that can help you learn more about the profitability index and how it is calculated.

How to calculate profitability index online using iCalculator.com?

• Follow the direct link below to open this calculator directly in your browser.
• Enter the Initial Investment and Discount Rate into the calculator.
• Then select the Number of Years of the investment and add the Annual Cash Flow of each year.
• In the end, click the Calculate button to get the output.

Highlights:

• Required Inputs: Initial Investment, Discount Rate, Number of Years, and Annual Cash Flow of each year.
• Time Period: Any number of years.
• Calculates: Profitability Index (PI), Net Profit Value (NPV), and Expected Cash Flows.
• Additional Features: The web page offers theoretical information on Profitability Index calculation with calculation examples.

Online-Calculator.org

Online-Calculator.org is a set of free online calculators that cover various topics, including finance, math, health, and fitness, time and date, and conversion. The website offers a collection of online financial calculators, math calculators, and other specialized calculators to cater to different needs. The Profitability Index calculator on this website can help you determine the PI of an investment for as long as 50 years. You can simply select the years of investment and provide the Initial Investment, Discount Rate, and Years with cash flows. Based on that, it gives you the Profitability Index of the investment. It also calculates the Net Present Value and Expected Cash flows of the investment. This can help you get insight into the investment.

How to calculate profitability index online using Online-Calculator.org?

• Go to this calculator on Online-Calculator.org using the link provided below.
• Add the Initial Investment, Discount Rate, and Years of investment.
• After that, add the cash flows of all the investment years.
• Then click the Calculate button to get the Profitability Index.

Highlights:

• Required Inputs: Initial Investment, Discount Rate, and Years with cash flows.
• Time Period: Limited to a maximum of 5o years.
• Calculates: Profitability Index (PI), Net Profit Value (NPV), and Expected Cash Flows.
• Additional Features: Explains the calculation process with an example.

ExploringFinance.com

ExploringFinance.com provides a variety of financial calculators for different purposes. The website offers calculators such as the Capital Asset Pricing Model (CAPM) Calculator, Weighted Average Cost of Capital (WACC) Calculator, Profitability Index Calculator, Quick Ratio Calculator, Future Value of Annuity Calculator, and more. The Profitability Index Calculator on this website can determine the PI of an investment for any number of years. Along with the Initial Investment and Discount Rate, it has a single input section for the Cash Flows. For a multiple-year investment, you have to enter the net cash flow of each year separated by commas. By adding the input, you can run the calculator and get the Profitability Index of your investment.

How to calculate profitability index online using ExploringFinance.com?

• Head over to this calculator using the direct link given below.
• Add the Initial Investment and Discount Rate there.
• Then add the Cash Flow of Each year separated by commas.
• After that, click the Calculate Profitability Index button to get the results.

Highlights:

• Required Inputs: Initial Investment, Cash Flow Each Year, and Discount Rate (%).
• Time Period: Any number of years.
• Calculates: Profitability Index (PI).
• Additional Features: It provides a helpful guide to use the calculator along with the formula and calculation example.

AccountingForManagement.org

AccountingForManagement.org is a comprehensive resource for learning accounting through explanations, exercises, problems, quizzes, and calculators. The website covers various aspects of financial accounting including a Profitability Index Calculator. This calculator can work for an investment that is going on for up to 10 years. Thus it provides cash flow input fields for 10 years. For shorter investment periods, you can fill in the cash flow of the investment years and put “o” in the other years. You have to put zero in the additional fields, leaving them blind will not perform the calculation. With that added, you can provide the Initial investment and Discount Rate to get the Profitability Index of the investment. Along with the Profitability Index, it also gives you the Present value of cash inflow.

How to calculate profitability index online using AccountingForManagement.org?

• Use the link given below to access this calculator with ease.
• Add the Initial cost or investment, Discount rate, and Annual Cash Flows.
• If your investment years are less then put “0” in the remaining annual cash flow sections.
• Then click the Calculate button from the bottom to get the PI.

Highlights:

• Required Inputs: Initial cost or investment, Discount rate (%), Annual Cash Flow.
• Time Period: Limited to a maximum of 1o years.
• Calculates: Present value of cash inflow and Profitability Index (PI).
• Additional Features: No additional features.

Calculatorway.com

Calculatorway.com is a free online calculator website that helps users find answers to various problems in daily life. It offers a range of calculators for different purposes, including math, physics, finance, and unit conversions. The website has a Profitability Index Calculator that can help you determine the profitability index of your investment projects. This is a simple calculator that requires the PV of future cash flow instead of annual cash flows during the investment. You have to provide the PV of future cash flow along with the initial investment to get the profitability index. The website lists many related calculators on the web page that you can access in a single click. Apart from the Profitability Index, you can easily perform other financial calculations on the website.

How to calculate profitability index online using Calculatorway.com?

• Follow the link added below to open this calculator.
• Add the Initial Investment and PV of future cash flow into the calculator.
• Then click the CALCULATE button to get the Profitability Index.

Highlights:

• Required Inputs: Initial Investment and PV of future cash flow.
• Time Period: N/A.
• Calculates: Profitability Index (PI).
• Additional Features: Links to various related calculators that you can access on the website.

WpCalc.com

WpCalc.com has a collection of online calculators and converters for various applications. It covers a wide range of categories, including engineering, finance, and other practical calculations. Some of the calculators available on the website include those for auto loans, mortgages, automobile expenses, cash certificate issue prices, interest calculations, etc. The Profitability Index calculator on this website calculates the PI from the Present Value of Future Cash Flows and Initial Investment Requirement. It takes these values in million and provides the PI for the same. Thus, you can use it for regular values as well without any issues.

How to calculate profitability index online using WpCalc.com?

• Go to this Profitability Index calculator using the link provided below.
• Enter the Present Value of Future Cash Flows and Initial Investment Requirement into respective fields.
• After that, click the Calculate button to get the result.

Highlights:

• Required Inputs: Present Value of Future Cash Flows ($ million) and Initial Investment Requirement ($ million).
• Time Period: N/A.
• Calculates: Profitability Index ($ million).
• Additional Features: N/A.

eFinanceManagement.com

eFinanceManagement.com provides knowledge about financial management, offering articles and resources on various financial management concepts. The website covers topics such as options, financial analysis, investment, and risk management. It also offers a Profitability Index Calculator that you can use to evaluate your investment. This is a simple calculator that determines the PI of an investment from the Present Value of Future Cash Flow and Initial Investment. If you do not have annual cash flows instead of the Present Value of Future Cash Flow then you have to calculate/know the Present Value of Future Cash Flow first. Then you can simply add those values into the calculator and perform your calculation.

How to calculate profitability index online using eFinanceManagement.com?

• Open this calculator using the link given below.
• Scroll to the calculator and add the Present Value of Future Cash Flow and Initial Investment there.
• Once done, click the Calculate Profitability Index button to get the PI of the investment.

Highlights:

• Required Inputs: Present Value of Future Cash Flow and Initial Investment.
• Time Period: N/A.
• Calculates: Profitability Index (PI).
• Additional Features: It does not offer any additional features.

Frequently Asked Questions