Note the following definitions:

-Price is the firms share price;

-Earnings is the firm's total earnings;

-Shares is the total number of shares;

-EPS is earnings per share, which equals total earnings divided by total number of shares;

-Market cap is the equity market capitalisation, which equals share price multiplied by the total number of shares.

Finance terminology is often inexact. The PE or 'price to earnings' ratio would be more accurately named if it was called the:

Select one:

a. Earnings to EPS ratio.

b. Market cap to shares ratio.

c. Market cap to earnings ratio.

d. EPS to shares ratio.

e. Price to shares ratio.