|
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?
|
|
| |
|
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.
|
|
|
Your first visit to 12manage?
|
|
12manage is a global knowledge platform for managers, consultants, teachers, academics and students about management. To use certain functions of 12manage, a (free) membership and login is required. Would you like to keep on developing yourself in management? Sign up for free.
|
|
|
|
|
Special Interest Group Leader
|
|
|
P/E Ratio
|
|
|
|
|
|
|
|
