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> What does this mean? Question about financial lingo..?
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What does this mean? Question about financial lingo..?
What does this mean? Question about financial lingo..?
Posted at：
2014-12-05
They are talking about the price to earnings ratio. They are expected to make $2.84 for fiscal 2014. Divide the price by that. Its about 19.
http://investing.businessweek.com/resear...
"Williams-Sonoma shares trade at 18.5 times 2014 earnings, near a three-year high."
If they trade at 19 x their earnings, would that be billions of dollars??? They trade at like 54 bucks..
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