It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.


The Intelligent Investor: A Book of Practical Counsel (ed. Prabhat Prakashan, 1972)

Benjamin Graham Quotes

It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.

It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.

It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.

It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.