Explain profit to earnings ratio – more commonly referred to as P/E.? What does this term mean

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Explain profit to earnings ratio – more commonly referred to as P/E.?

What does this term mean to a potential lender (like a bank) and to a potential investor in a company’s stock?

Related Book For answer-question

Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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Posted Date: Jan 27, 2023 02:34 AM

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Explain profit to earnings ratio – more commonly referred to as P/E.? What does this term mean

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Financial Accounting A User Perspective

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