Archive for November 17th, 2009

The Defect in Price/Earnings Ratios – Part 1

Tuesday, November 17th, 2009
The Defect in Price/Earnings Ratios – Part 1

The price/earnings ratio (P/E) is a popular stock valuation measure. However, it has a flaw, which I explain below. Tomorrow, in Part 2, we will examine how the flaw affects portfolio and stock market analysis. »

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