EVALUATION OF P/E RATIO

Step 1: Read the articles. These articles containexamplesof evaluating P/E ratio. You will be using these examples to answer the questions listed at the bottom of the topic description.

1)Does Chicago Rivet & Machine Co's (CVR) PE Ratio Signal A Buying Opportunity? byKelly Murphy,Simply - Wall St. October 5, 2017

https://finance.yahoo.com/news/does-chicago-rivet-machine-co-201613354.html

2)Is Cynergistek Inc's (CTEK) PE Ratio A Signal To Buy For Investors? byMary RamosSimply, Wall St. October 5, 2017

https://finance.yahoo.com/news/cynergistek-inc-ctek-pe-ratio-144611055.html

3)Does Katana Capital Limited's (ASX:KAT) PE Ratio Signal A Selling Opportunity? byKyle Sanford ,Simply Wall St. October 5, 2017

https://finance.yahoo.com/news/does-katana-capital-limited-asx-074409705.html

Youmustuse the company assigned for you for the project.

Your assignment:

Please also note that your answers should be written. Don't use quotes from the articles.

You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.

For this question we will be using P/E ratio.

To find a company's P/E ratio, use www.morningstar.com , enter the desired stock symbol to get to the company's front page. The P/E ratio is listed on the company's front page.

Compare the P/E ratio of your company (AMAZON) with the industry average or with major competitors. Is there a difference between these numbers? Is the stock overvalued, undervalued, or properly valued? Why? In accordance with your findings, is it reasonable to buy the stock?Please explain your answers.

Reflection - the students also should include a paragraphin the initial responsein their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace.