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In journalism, things like price/earnings are usually given dimensionlessly, even in quality newspapers like the FT. E.g., Tesla was a red-hot stock even b
by chalst 6y ago
In journalism, things like price/earnings are usually given dimensionlessly, even in quality newspapers like the FT. E.g.,
Tesla was a red-hot stock even before the coronavirus crisis, boasting a forward price/earnings ratio — a common measure of the value the market puts on a business’s future profits — of 75 times at the start of 2020.
in https://www.ft.com/content/0158a15b-52e7-4270-9ab3-4f6934b931c3 https://www.ft.com/content/0158a15b-52e7-4270-9ab3-4f6934b93...