Why do growth stocks tend to have higher P/E ratios than value stocks?

Question:

Why do growth stocks tend to have higher P/E ratios than value stocks?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: