Which of the following statements is correct?

A)

A firm with the highest P/E ratio among its peers, other things constant, suggests it is more highly

valued than its peers.

B)

A firm with higher growth expectations will have, other things constant, a lower P/E ratio.

C)

A firm with higher risk will have, other things constant, a higher P/E ratio.

D)

P/E ratios are unaffected by differences in accounting practices among firms