Abhisheksingh04 Sep, 2024Finance
The PE ratio can be calculated by dividing the market price of a company?s share by its earnings per share (EPS). It helps investors determine whether a stock is overvalued or undervalued based on its earnings. For instance, a PE ratio of 15 means investors are willing to pay Rs. 15 for every Re. 1 of the company?s earnings.
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