Stories >> Finance

Chris Brightman: The price-to-fantasy ratio that beguiles investors


Aggregate forecasts for earnings often exclude extraordinary items, making the market look cheaper than it is. Too much financial commentary perpetuates an error when applying the yardstick of a market’s collective price to aggregate earnings. The forward price-to-earnings ratio is perhaps the most common valuation tool around for good

Click to Link




Posted: January 13, 2023 Friday 06:26 AM