Title:
Relationship between Firms’ PE Ratio and Earnings Growth Rate
Description:
My dissertation reinvestigates the correlation between the prices to forward earnings ratio (PE ratio) and expected future earnings growth rate. In addition, the paper tests the relationship between the prices to earnings ratio and expected firms’ rate of change of the abnormal long-term growth rate after controlling the firms’ cost of capital and short-term growth rate.
Status:
On-Going