answer B is wrong

Which of the following statements is FAL.SE regarding the Price to Earnings (P/E) ratio? A. A high PIE ratio indicates that earnings growth expectations are low. B. The PiE ratio can be interpreted in terms of the number of years the investor is willing to wait to recover the invested capital. C. The PIE ratio indicates the number of times the basic EPS an investor is willing to pay for a common share D. To determine whether a PIE ratio is good or bad for a company, comparison should be made with its compentors E. None of the above