Novotný, Jan; Gupta, Mayank - In: Risk management in emerging markets : issues, …, (pp. 79-120). 2016
The ratio between share price and current earnings per share, the Price Earning (PE) ratio, is widely considered to be an effective gauge of under/overvaluation of a corporation’s stock. Arguably, a more reliable indicator, the Cyclically Adjusted Price Earning ratio or CAPE, can be obtained...
