Question: Shown below is a correlation table showing correlation coefficients between stock price, earnings per share ( EPS ) , and the price / earnings (

Shown below is a correlation table showing correlation coefficients between stock price, earnings per share (EPS), and the price/earnings (P/E) ratio for a sample of 19 publicly traded companies. Which of the following statements is false?
Correlation: Stock Price, EPS, P/E
Stock Price
EPS
P/E
Stock Price
1
EPS
0.875
1
P/E
0.323
-0.111
1

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