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Bus/Financial - Economics | | English term or phrase: low historical P/E multiples | | I am translating an article on economics. The context: ..."In addition, we have initiated some small positions among the major biotech companies within the US that have strong product pipelines, large market capitalizations (in excess of US$10 billion) and trade at low historical P/E multiples". I do not understand the hole prhase: low historical P/E multiples. I think the key is in multiples....Thanks for your help |
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10 mins confidence:   peer agreement (net): +1 | low historical p/e multiples bajos indices históricos precio-ganancia
Explanation:
Price earning ratio. Relación precio-ganancia. Es índice resultante al dividir el precio de una acción (en la bolsa) y la ganancia por acción en sus más reciente estado financiero.
Donde la ganancia por accion= ganancia/número de acciones emitidas.
| Leonardo Lamarche
Venezuela
Local time: 22:57
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Native speaker of: Spanish
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