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PE ratio: How to read the PE ratio for smart investing

The PE ratio is calculated by dividing the price of a stock or an index by the earnings per share , or EPS, (net profit divided by the number of common shares outstanding). For example, if a stock is trading at ₹50 and its earnings per share is ₹10, then the PE ratio is 50/10=5.

ET Explainer: All you need to know about price-to-earnings ratio

The Price-to-Earnings ratio or PE ratio is one of the most popular valuation metrics used in the markets to analyse a stock and its valuation trajectory.

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