Understanding PE Ratio Meaning, Formula & Algo Trading Software Price
What Is PE Ratio Meaning?
When you hear the term PE ratio, what comes to mind? If you’re new to investing, it might sound like a confusing jargon. But don’t worry — the PE ratio meaning is actually quite simple. PE stands for Price to Earnings ratio. In plain English, it tells you how much you are paying for every rupee of a company’s earnings. Think of it like buying...