Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Business
The Significance Of Price-Earnings Ratios On Portfolio Returns, John W. Peavy, Iii, David A. Goodman
The Significance Of Price-Earnings Ratios On Portfolio Returns, John W. Peavy, Iii, David A. Goodman
Historical Working Papers
This study evaluates the PE ratio as a means of predicting portfolio returns. Results indicate that the PE ratio is a good factor in predicting return and that the CAPM measure may be inadequate.
Price-Earnings Relatives - A New Twist To The Low-Multiple Strategy, John W. Peavy, Iii, David A. Goodman
Price-Earnings Relatives - A New Twist To The Low-Multiple Strategy, John W. Peavy, Iii, David A. Goodman
Historical Working Papers
Authors support the notion that companies with low price-earning ratios make excellent investments with above normal returns balanced by lower than normal risk.