P/E Ratios Up 86% Over May 2009, Analyst Says
Industry profit-to-earnings ratios are up 86% over May 2009, notes industry analyst Rollie Vincent, who heads Rolland Vincent Associates, LLC. The P/E ratio, currently 25.1, is up from 13.5 in May 2009. The dividend yield, meanwhile, is up 30% over that of a year ago. But the five-year sales growth...
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