Ch16
Technology Stocks Non-technology Stocks Number of firms in sample 1103 4800 Number of firms with negative earnings 677 1456 % of firms with negative earnings 61.38% 30.33% Average Trailing PE 190.84 35.01 Market Capitalization/ Earnings 263.45 39.06 If you average the PE ratio only across firms where the PE ratio can be estimated, you obtain an ... ................
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