COMPREHENDING THE P/E RATIO: A TECHNICAL ANALYST'S GUIDE

The price-to-earnings ratio, or P/E, is a fundamental valuation measure used by technical analysts to assess a company's worth. Calculated by dividing the recent share price by EPS, the P/E figure reveals how much investors are willing to allocate for every unit of a company's earnings. A higher P/E indicates that investors anticipate future growt