微信扫一扫
实时资讯全掌握
|
Which of the following is the best interpretation of the 10-Year Moving Average Price/Earnings Ratio (also referred to as the P/10-year MA(E))? A. By comparing the 10 year moving average P/E ratio for a market to the current P/E ratio we can determine whether or not the market is over or under priced. B. The numerator of the P/10-year MA(E) is the value of the S&P 500 price index, and the denominator is the average of the previous ten years’ reported earnings. C. A 10 year moving average P/E ratio greater than the current P/E ratio for a market indicates the market is currently undervalued. |