
Price-earnings ratio
-
If we weight market capitalizations and net earnings for the three S&P categories and then take the ratio, we have a price-earnings ratio of 19.3 Aggregate earnings and this priceearnings ratio imply an estimate for the aggregate market capitalization of 1.67 times GNP, which is close to that for industrials only. We should note that an estimate of 19 for the price-earnings ratio is significantly higher than that reported by Fisher, who cites the Standard Statistics Company as the source for his data.
0p
connhobinh
07-12-2012
55
6
Download
CHỦ ĐỀ BẠN MUỐN TÌM
