Price-to-earnings ratio: A state-of-art review

Accounting

关键词: Price-to-earnings;    P/E ratio;    Stock exchange;   

DOI  :  10.5267/j.ac.2016.7.002

来源: DOAJ

【 摘 要 】

One of the primary tools for asset evaluation on stock market is to use price-to-earnings (P/E) ratio. The method is simple and has become popular among many investors for buy/sell decisions. In this paper, we present a comprehensive review on recent advances on the use of P/E ratio for measuring other firms’ characteristics. The survey has reviewed several studies on the relationship between P/E ratio and stock performance, estimation of transaction data, insider transaction, future growth, firm size, interest ratio, book-to-market equity, etc.

【 授权许可】

Unknown