Question

we are supposed to find the ratio of
$1.2 : $3


with steps please​

Answer 1

Answer:

The price-to-earnings ratio (P/E) is one of the most widely used tools that investors and analysts use to determine a stock's valuation. The P/E ratio is one indicator of whether a stock is overvalued or undervalued. Also, a company's P/E can be benchmarked against other stocks in the same industry or the S&P 500 Index.

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