以下是引用youzizhang在2009-3-9 17:13:00的发言:
LOS j, (Part 1): Evaluate a stock by the method of comparables using each of the price multiples.
Q1. Proprietary Technologies, Inc., (PTI) has a leading price-to-earnings (P/E) ratio of 28 while the median leading P/E of a peer group of companies within the industry is 38. Based on the method of comparables, an analyst would most likely conclude that PTI should be:
A) bought as an undervalued stock.
B) sold as an overvalued stock.
C) sold short as an overvalued stock.
Q2. Proprietary Technologies, Inc., (PTI) has a leading price-to-earnings (P/E) ratio of 28 while the median leading P/E of a peer group of companies within the industry is 28. Based on the method of comparables, an analyst would most likely conclude that PTI should be:
A) sold or sold short as an overvalued stock.
B) bought as an undervalued stock.
C) viewed as a properly valued stock.
Q3. Proprietary Technologies, Inc., (PTI) has a leading price-to-earnings (P/E) ratio of 38 while the median leading P/E of a peer group of companies within the industry is 28. Based on the method of comparables, an analyst would most likely conclude that PTI should be:
A) viewed as a properly valued stock.
B) sold or sold short as an overvalued stock.
C) bought as an undervalued stock.