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A price - esmings ratio or P / E ratio is colculated as o firm's shore price compared to the income or profit earned by

A price-esmings ratio or P/E ratio is colculated as o firm's shore price compared to the income or profit earned by the firm per share. Generally, a high P? E ratio suggests that investors are expecting higher eornings growth in the future compored to companies with a lower P/E ratio. The accompanying table shows companies that comprise the Dow Jones Industrial Average (DJIA) and their P/E ratios as of May 17,2012(at the time dato were retrieved, the P E ratio for one firm on the DJIA. Bank of Americo, wos not available).
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