CryptoElite
Sun May 19 2024
|
7 answers
1734
Is 50 a good PE ratio?
I'm often hearing about the PE ratio when it comes to evaluating stocks, but I'm still a bit hazy on what exactly makes a good PE ratio. So, could you please clarify for me, is 50 considered a good PE ratio? I've seen some stocks with much lower ratios and some with much higher, so I'm really trying to get a sense of what's considered 'good' in this context. Is it industry-specific, or does it depend on other factors like the company's growth potential or financial health? I'd really appreciate your insights on this matter.
Dario
Sun May 19 2024
|
7 answers
1516
What is a good PE ratio?
Hmm, I'm curious...what exactly is considered a good PE ratio? I've heard different opinions about it, so I'm a bit confused. Some say a low PE ratio indicates a stock is undervalued, while others argue that a high PE ratio can be justified by strong growth prospects. But what's the general consensus? Is there a magic number or a range that investors should aim for? I'd really appreciate your insights on this matter.
