||3 of 3 people found the following review helpful.| well-written and interesting|By Andrea Matthews|OK - the only previous review was completely negative. Having borrowed the book through my local library, and very much enjoyed reading it, I added it to my cart to consider buying it for my library to read again. So I was pretty mystified by that review. At first I thought, well, there's another of my lazy-minded, Americo-centr|About the Author|After completing his BSc in Mathematical Statistics and Operational Research at Exeter, Keith Anderson worked for some years as a systems developer, most recently at Deutsche Bank in Frankfurt. He then did an MSc in Investment Analysis at Stirl
The price-earnings ratio, or P/E, is the most commonly quoted investment statistic, but have you ever considered what it actually means? For most people it's a shorthand way of deciding how highly the market regards a company, with investors prepared to overpay for earnings from a high-P/E 'glamour' stock as opposed to a low-P/E 'value' stock. However, academics have known since 1960 that the opposite is true: value stocks outperform glamour stocks consistently over dec...
[PDF.dz80] The Essential P/E: Understanding the stock market through the price-earnings ratio (Harriman Finance Essentials) Rating: 4.76 (713 Votes)
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