The relative amount found by dividing a stock's price-earnings ratio by that of the market as given by a widespread market yardstick such as the S&P 500 or the Value Line index (This relative suggests to the investor whether his investment's price is reasonable compared to the market. Also can be used for historical comparison with P/E relatives of recent years.)
Last edited on March 26, 2009© 2009 UpDown. All Rights Reserved.
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