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QUESTION
In at least 50 words answer the following: List at least 2 weaknesses of using P/E ratio in stock valuation.
In at least 50 words answer the following:List at least 2 weaknesses of using P/E ratio in stock valuation.
AnswerList at least 2 weaknesses of using P/E ratio in stock valuation.Major disadvantages of using P/E ratio in stock valuation are described as follows:1. For companies which are engaged in the...