Price-Earnings Relative
2020-08-06 16:47
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A price-earnings ratio of a stock divided by the price-earnings ratio of a market measure, or index, such as the S&P 500 or Wilshire 5000.
Taobiz explains Price-Earnings Relative
This is a method for judging whether a price-earnings ratio is reasonable in relation to market conditions and historical P/Es.
