Basic entry level question but I just want to verify that I’m thinking about P/E correctly.
Let’s say that Apple has a P/E of 20. If I’m an investor, purchasing at the 20 P/E, does that I mean I think that Apple will make 20 times as much profit at some point in its lifetime?
Submitted August 30, 2018 at 09:08PM by kdmfa https://ift.tt/2osgtQ1
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