Explain why some firms have high price-earnings (PIE) ratios.

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Financial Statement Analysis and Security Valuation

ISBN: 978-0078025310

5th edition

Authors: Stephen Penman

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Question Posted: Aug 25, 2017 02:08 AM

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Explain why some firms have high price-earnings (PIE) ratios.

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PE ratios indicate growth in earnings The numerator price is based on expected future ...View the full answer

Financial Statement Analysis and Security Valuation

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