What is the meaning of X in PE Ratio?

			
							Please register now to read all responses and to join this discussion yourself. It's easy and 100% free. 

										     Log in
									
			              P/E Ratio > Forum > What is the meaning of X in PE Ratio?
			            
			              What is the meaning of X in PE Ratio?
Srijayan, Consultant, United Arab Emirates, Member

Sometimes PE Ratio is given as 12.9x... What does "x" mean? (...) Read more? Sign up for free
			            
											Please register now to read all responses and to join this discussion yourself. It's easy and 100% free. 
Sign up for free     Log in

			                  			The Meaning of the x in PE Ratio

															Jaap de Jonge, Management Consultant, Netherlands

Quite simply: the x means "times". So it would mean the avarage common stock price is 12.9 times the net income per share.
			                  		
	                              Special Interest Group Leader
	                            
	                            Interested? Sign up for free. 

	                            P/E Ratio
	                          
	                                Summary
	                                ForumWhy Using Average P/E Ratio is More Realistic
High PE Ratio Means What? A Good Stock?
What is the Beta of a Stock?
Conflict of Interest of Management Buy Out
What is the meaning of X in PE Ratio?
Relevance of PE Ratio for CEO
When is Stock Overbought and Oversold?

												              Best Practices
P/E Ratio
Knowledge Center
Next Topic