Question: Pepper Companys earnings were approximately the same in 2016 and 2017. Even so, the companys P/E ratio dropped significantly. Required Speculate about why Peppers P/E

Pepper Company’s earnings were approximately the same in 2016 and 2017. Even so, the company’s P/E ratio dropped significantly.
Required
Speculate about why Pepper’s P/E ratio dropped significantly while its earnings remained constant.

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