The P/E ratio is calculated by dividing a stock price by earnings per share (EPS). The result is the amount investors are paying in the market for each dollar of the company's earnings. A high P/E ratio indicates that investors are paying a premium for the stock, expecting significant ...
The conservative form of the ADE (Equation (2)) is robust, but lacks an explicit representation of velocity, which is needed for Lagrangian methods. We can deduce a form in which velocity is explicit, by subtracting Equation (1), multiplied by c i , from Equation (2), and dividing by ...