$35$

When evaluating a company's price$-$earnings $($PE$)$ ratio, which one of the following statements is true?

$01$:$19$:$07$

Multiple C$$hoice

A PE ratio of $16$ indicates that investors are willing to pay $$1$ for every $$16$ of current earnings.

The PEE ratio is classified as a profitability ratio.

The PE ratio is a constant value for each firm.

A high PE ratio may indicate that a firm is expected to grow significantly.

PE ratios are unaffected by the accounting methods employed by a firm.