Meaning of P/E RATIO in English

Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $25. 50 = 10 times $2. 55

XYZ stock sells for 10 times earnings . P/E = Current stock price divided by trailing annual earnings per share or expected annual earnings per share.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.