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回复:(3975)2008 CFA Level 1 - Sample 样题(3)-...

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答案和详解如下:

53Correct answer is D

"Introduction to Price Multiples," John D. Stowe, Thomas R. Robinson, Jerald E. Pinto, and Dennis W. McLeavey

2008 Modular Level I, Vol. 5, pp. 204-210

Study Session 14-61-a, b

discuss the rationales for, and the possible drawbacks to, the use of price to earnings (P/E), price to book value (P/BV), price to sales (P/S), and price to cash flow (P/CF) in equity valuation;

calculate and interpret P/E, P/BV, P/S, and P/CF

The trailing P/E would be negative.

 

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