For a firm with a normal trailing P/E ratio, expected future residual earnings must be the same

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For a firm with a normal trailing P/E ratio, expected future residual earnings must be the same as current residual earnings. Correct?

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Financial statements

ISBN: 978-007802531

5th Edition

Authors: Stephen Barrad

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Question Posted: Mar 17, 2012 07:36 AM

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For a firm with a normal trailing P/E ratio, expected future residual earnings must be the same

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This is correct A normal PE implies that residu...View the full answer

Financial statements

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