when we could add " justified" to it?
Reggie Wrote:
-------------------------------------------------------
> I think leading P/E is P0/E1 which is next years
> expected earnings. And trailing P/E is P0/E0 which
> is the beginning of the years earnings.
Not too sure man, I thought it's always said "justified" and I've never seen a question about whether its "justified" or "unjustified". Do you have a specified question from somewhere?
The reason why it's called justfied is that it's derived from the intrinsic value analysts calculated. you can also think of it as "implied" si tu veux.
发表于 2011-7-13 14:15
| 