Understanding the stock market through the price-earnings ratio
by
Keith Anderson
Language: English
Release Date: June 4, 2012
The price-earnings ratio, or P/E, is the most commonly quoted investment statistic, but have you ever considered what it actually means? For most people it's a shorthand way of deciding how highly the market regards a company, with investors prepared to overpay for earnings from a high-P/E 'glamour'...