Real the articles:1)      Does Chicago Rivet & Machine Co’s (CVR) PE Ratio Signal A Buying Opportunity?Kelly MurphySimply Wall St. October 5, 2017https://finance.yahoo.com/news/does-chicago-riv

Real the articles:

1)      Does Chicago Rivet & Machine Co’s (CVR) PE Ratio Signal A Buying Opportunity?

Kelly Murphy

Simply Wall St. October 5, 2017

https://finance.yahoo.com/news/does-chicago-rivet-machine-co-201613354.html

2)      Is Cynergistek Inc’s (CTEK) PE Ratio A Signal To Buy For Investors?

Mary Ramos

Simply Wall St. October 5, 2017

https://finance.yahoo.com/news/cynergistek-inc-ctek-pe-ratio-144611055.html

3)      Does Katana Capital Limited’s (ASX:KAT) PE Ratio Signal A Selling Opportunity?

Kyle Sanford

Simply Wall St. October 5, 2017

https://finance.yahoo.com/news/does-katana-capital-limited-asx-074409705.html

You can use the company assigned for you for the project.

Your assignment:

Please also note that your answers should be written in your own words. Don’t use quotes from the articles. 

You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.

For this question we will be using P/E ratio.

To find a company's P/E ratio, use www.morningstar.com , enter the desired stock symbol and request a basic quote.  Once you have the basic quote, the P/E ratio is listed on a front page.

Compare the P/E ratio of your company with the industry average or with major competitors. Is there a difference between these numbers? Is the stock overvalued, undervalued, or properly valued? Why?  In accordance with your findings, is it reasonable to buy the stock? Please explain your answers.