Decoding the P/E Ratio: Finding Undervalued Stocks
The price-to-earnings metric, or P/E ratio, is a key valuation instrument that investors use to assess the value of a company's stock relative to its earnings. A low P/E figure can signal that a stock may be cheaply priced, while a high P/E ratio indicates that the market forecasts higher earnings growth in the future. By comparing a company's P/E