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Basic Question 10 of 11

The P/E published in financial newspapers' stock listings is usually (an) ______.

A. trailing P/E
B. leading P/E
C. average of trailing P/E and leading P/E

User Contributed Comments 1

User Comment
akirchner1 Makes sense because it's objective.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

explain the rationale for using price multiples to value equity, how the price to earnings multiple relates to fundamentals, and the use of multiples based on comparables

calculate and interpret the following multiples: price to earnings, price to an estimate of operating cash flow, price to sales, and price to book value

CFA® 2025 Level I Curriculum, Volume 3, Module 8.