For cyclical companies, why might the current P/E ratio be misleading?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Question Posted: Sep 21, 2015 05:24 AM

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For cyclical companies, why might the current P/E ratio be misleading?

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For companies with cyclical earnings a PE using the latest ...View the full answer

Fundamentals of Investment Management

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