Could you explain simply, (preferably in layman terms) what this means to the beginner investor?
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TUBInvesting
28 Mar 2019
Finance at Singapore Management University
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This is the Price to Earning Ratio. It also means the share price per share you are paying for the earning per share.
Basically, you how you are paying for $1 of the earnings. Hope I am correct on this! haha.
It is also sort of a price expectation of how the share price will go if the company continues to GROW the SAME way.