The price/earnings ratio (P/E) has a multiplier effect on stock returns and on dividend yield, too. Actual reported earnings show that today's P/E stands near 20 and up to 30 in a few instances. And now P/E is above average. The question is: is it fairly valued?
The price/earnings ratio (P/E) has a multiplier effect on stock returns and on dividend yield, too. Actual reported earnings show that today's P/E stands near 20 and up to 30 in a few instances. And now P/E is above average. The question is: is it fairly valued?
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