What does it mean when a company has a very high P/E ratio? Give examples of industries

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What does it mean when a company has a very high P/E ratio? Give examples of industries in which you believe high P/E ratios are justified.

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:35 AM

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What does it mean when a company has a very high P/E ratio? Give examples of industries

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A high PE ratio implies that investors believe that the firm has good prospects for earnings grow...View the full answer

Fundamentals of corporate finance

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