CNBC’s Jim Cramer told investors it’s important to understand the basics of terminology used to describe a company’s value, including price-to-earnings multiples.
The price-to-earnings multiple, also referred to as a P/E multiple or just a multiple, is the ratio of a company's share price to its earnings per share. This multiple is used to determine how much investors are willing to pay for a company's stock in relation to its earnings.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCNewYork - 🏆 270. / 63 Read more »