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long explanation: Can fundamental analysis be profitable, or market just too efficient to justify the effort? Being familiar with P/E ratios by now, what has

long explanation:

Can fundamental analysis be profitable, or market just too efficient to justify the effort? Being familiar with P/E ratios by now, what has happened to the values for the other relative valuation ratios that is, the P/BV, P/CF, and P/S ratios?

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