Dictionary
price'-earn'ings ra"tio
Pronunciation: (prīs'ûr'ningz), [key]the current price of a share of common stock divided by earnings per share over a 12-month period, often used in stock evaluation.
Abbr.: p/e Also called
price'-earn'ings mul"tiple. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.