Contact
How to shop
Delivery
Shopping guide
Essential P/E
English
49 b
Up to 30 days for returns
Customers also purchased
/
Paperback
25.57
€
50.01 лв
/
Audio CD
25.41
€
49.70 лв
The price-earnings ratio, or P/E, is the most commonly quoted investment statistic, but have you ever considered what it actually means? For most people it's a shorthand way of deciding how highly the market regards a company, with investors prepared to overpay for earnings from a high-P/E 'glamour' stock as opposed to a low-P/E 'value' stock. However, academics have known since 1960 that the opposite is true: value stocks outperform glamour stocks consistently over decades. A company with a low P/E may have been marked down for no readily apparent reason and thus could represent an attractive value investment for those with the patience to wait while the market re-values it. However, the P/E is a backward-looking measure and just because the company earned GBP1 per share last year it doesn't necessarily mean it will earn anything like that in the foreseeable future. Or, a low P/E can mean a company is deservedly cheap because it is in financial difficulty - in this case the company is likely to become cheaper yet or even go into administration. This book is a practical guide to how you can adjust and improve the price-earnings ratio and use it, alongside other financial ratios, to run against the crowd and boost your stock returns.
About the book
English
Give this book today
It's easy
1 Add to cart and choose Deliver as present at the checkout 2 We'll send you a voucher 3 The book will arrive at the recipient's addressYou might also be interested in
/
Paperback
98.08
€
191.84 лв
/
Hardback
97.41
€
190.52 лв
/
Paperback
54.56
€
106.72 лв
/
Paperback
56.79
€
111.08 лв
/
Hardback
107.01
€
209.28 лв
Hi! I'm Libroamiko, your book advisor.
How can I help you?