Price to Earnings ratio is the most widely used tool to gauge the attractiveness of a stock. But it is important to know the limitation of PE ratio so we don’t fall for the “everything looks like a nail to a man with a hammer” illusion. Here are a few things to understand.
I was just wondering if anyone knows where to download ASX industry/sector PE ratios (average)? There seems to be data on market as whole but not on specific sectors/companies.
Would be ideal to download historical data too and for specific companies, would be happy to be pay for this...
Hey there guys I have a problem getting the Price to earning ratio, if you google a company for example Facebook it shows the p/e ratio is 62. but when I did the manual calculation which is stock current price / eps I get the wrong number.
So I did 128.99 (stocks current price) / 1.24(EPS)...
Need some clarification on analysing whether a stock is too expensive for current PE ratio
Current PE: 60
Current price of stock: $2
EPS current: $0.02
Here is where I started dabbling - please correct if I'm wrong
Price to be neutral: Current PE * EPS current = $1.20...
Does anyone know where I can find the ratios and yield averages by sector, in particular materials? Or even the ASX averages? P/E ratios, yield % etc??
is there any online resource for this?
any help much appreciated, gotta get this assignment done.
I often hear quoted the current average P/E ratio for the market, but have never been able to find a figure online. Anyone know a website that provides the market average P/E (as opposed to that for a particular stock)? Thanks!