What is the meaning of X in PE Ratio?

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Srijayan, Consultant, United Arab Emirates
Sometimes PE Ratio is given as 12.9x... What does "x" mean? (...) Read more? Sign up for free

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  Jaap de Jonge, Editor, Netherlands

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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