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We are told that a price/earnings ratio (or P/E ratio) below 10 was considered low, between 10 and 20 was considered moderate, and greater than
We are told that a price/earnings ratio (or "P/E" ratio) below 10 was considered low, between 10 and 20 was considered moderate, and greater than 20 was considered expensive (See footnote). Do some research and share your thoughts on whether you think that still applies in the current market? Explain why you agree or disagree.
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