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Printable version |
From: | "David Reid" <aspex@ix.net.nz> |
Date: | Thu, 6 Jan 2000 22:12:50 +1300 |
P/S ratio will be very low for shares such as
supermarkets and vehicle dealers.
The major benefit is of course the potential to
measure the performance of any share that does not have a PE
(due to no earnings). Also ideal for recovery
stocks.
Best use is with bigger markets than NZ as it
can be used for comparisons of the many stocks within a sector.
Best part of Kennethh Fishers Super Stocks is
actually the Appendix 6. Shows PSR s of .03 to .12 for supermarkets compared to
.75 to 3.00 for growth/tech stocks
D
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