Price is forgotten, quality remains - InvestingChannel

Price is forgotten, quality remains

About valuation
Valuing a company is one of the most complex exercises in finance. We can’t think in terms as simple as “a P/E ratio of 10 is cheap, and a P/E ratio of 30 is expensive”. The exercise of valuing a company or a market is far more complex, because not all earnings are the same, just a…
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