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- 2011-7-2
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- 2014-10-24
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I thought it is level II stuff, no?
Justified PE can be either leading/forward or trailing. It is the P/E derived from expected payout ratio, expected return and growth rate.
o Leading= (1-b)/(r-g)
o Trailing= (1-b) (1+g)/(r-g)
It is different from real P/E which is just Price/Earnings. Comparing those two ratios can give you indication whether the stock is 'overvalued' or not. |
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发表于 2011-7-13 14:47
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