单词 | price-earnings ratio |
释义 | price-earnings ratio = (P/E ratio) The ratio of the current market price of a company's ordinary shares to its most recently published earnings for equity per share. A relatively high price-earnings ratio may mean that earnings are expected to grow rapidly, or that they are regarded as relatively safe. A low price-earnings ratio indicates either that earnings are expected to grow slowly or fall, or that the company is regarded as relatively risky. |
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