Is P/E ratio a useful stock valuation measure?
by Michael Zhuang - gurufocus.com
Warren Buffet said: “Price is what you pay and value is what you get.” Wall Street uses the price-to-earning ratio, or the P/E ratio in short, to determine whether one gets what one pays for when buying a stock. Is this ratio just a myth? Or is it a useful valuation [...]…
Original Source: www.valuestockplus.net
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