May 2, 2011 | In: Opinion
Is the P/E Ratio Relevant?
One of the factors that I use to buy stocks is their P/E Ratio (Price/Earnings Ratio). The P/E Ratio is calculated by dividing the share price by the EPS (Earnings Per Share). For example, in the case of RIG, the P/E Ratio = Share Price/EPS = 73.10/2.97 =...