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From: | "Paul Jackson" <j+pjackson@xtra.co.nz> |
Date: | Wed, 15 Dec 1999 09:21:35 +1300 |
I am struggling to understand PE ratios. Please
correct me if I'm wrong, my understanding is the ratio of the current share
price to the forecasted earnings of the company. If so who does the forecast?
The company? An analyst? What method is used to forecast this? Who checks the
maths and logic in the forecast?
Your help in this would be
appreciated
Paul
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