Question: Apples current p/e ratio is 11. From an analytical standpoint, this means : That the stock is cheap Nothing, because a number by itself means

Apples current p/e ratio is 11. From an analytical standpoint, this means :

That the stock is cheap

Nothing, because a number by itself means nothing.

The company's stock price is trading at a discount to its earnings.

None of these

Note:i found two answers on chegg option A and D .which one is correct.

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