AskDalal is a investment blogging portal dedicated to Indian investment community , where every blog answers a question.It may be stocks, bonds,commodity, real estate or anything else.Post your blog title or a question, community will do research and answer the question to give you your own research report.It is 100%free , no registration is required to browse and ask questions.It's great for writers looking for article topic,and cool for investor looking for answers.
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As the name suggests PE means price to earning ratio. ( Divide price by earning)
For example stock of Fortis healthcare is at Rs 150 and its earning for whole year is Rs 2 then PE is 150/2 =75. High PE is not considered good because you are paying high price for small earning.