investing

price-to-earnings ratio

A valuation metric comparing a company's stock price to its earnings per share, used to assess if a stock is over or undervalued.

Example

"The stock had a high P/E ratio of 50, suggesting investors expected strong future growth."

💡 Memory Tip

P/E = how much you PAY (price) for each dollar of EARNINGS. High P/E means expensive stock.

Etymology

Price (market cost) + to + earnings (profit) + ratio — the proportion of price to earnings.

Common Misspellings

price to earnings rationprice to earings ratiop/e ratioPE ration

Related Terms

earnings per sharevaluationstock

See Also

growth

Want to understand money better? Get money tips and new terms in your inbox.