[ad_1]\r\nThere is always debate on what is the correct PE multiple for a given stock? Should it be 20, 30 or more. Many academics have tried to find the answer for this question
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There is always debate on what is the correct PE multiple for a given stock? Should it be 20, 30 or more. Many academics have tried to find the answer for this question for decades. All have met with very limited success and that too only for a short period of time. Take the case of metal companies, on a price earning ratio basis they appear cheapest when the metal prices have peaked off and there is enough historical data to show that they are
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