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What is the meaning of X in PE Ratio?

 
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P/E Ratio

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Srijayan Srijayan
Consultant, United Arab Emirates
5
What is the meaning of X in PE Ratio?
Sometimes PE Ratio is given as 12.9x... What does "x" mean?

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  Jaap de Jonge Jaap de Jonge
Editor, Netherlands
 
4
The Meaning of the x in PE Ratio
Quite simply: the x means "times". So it would mean the avarage common stock price is 12.9 times the net income per share.

 

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Special Interest Group
More on P/E Ratio
Summary
Forum
topic Why Using Average P/E Ratio is More Realistic
topic High PE Ratio Means What? A Good Stock?
topic What is the Beta of a Stock?
👀What is the meaning of X in PE Ratio?
topic Conflict of Interest of Management Buy Out
topic Relevance of PE Ratio for CEO
🔥 When is Stock Overbought and Oversold?
Knowledge Center

P/E Ratio



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