What is price ratio. explain
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Answer:
The price-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of a company's share (stock) price to the company's earnings per share. The ratio is used for valuing companies and to find out whether they are overvalued or undervalued.
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Answer:
The price-to-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings (EPS). ... It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time.The price-to-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings (EPS). ... It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time.