The price-to-earnings (P/E) ratio is a measure that compares a company's stock price to its earnings per share (EPS), usually for the previous 12 months. Think of it as a fraction, with the stock price on top and the EPS on the bottom. You can tap the stock's price into your calculator, divide by EPS, and - voila - the P/E. The ratio is calculated for you at many online stock-research sites,
CHICAGO----Fitch ratings has assigned 'BB-' foreign and local currency Issuer Default Ratings to Termocandelaria S.C.A. E.S.P. Concurrently, Fitch has assigned a 'BB-' foreign currency long-term debt to Termocandelaria Power Ltd's outstanding senior secured $90.1 million notes.
Price earning ratio of private banks at aggregate level showed a decline on March 19, 2008, against that of March 19, 2007 and in the case of public sector banks, P/E showed an increase but marginal during the same period.
Services for Gregory E. 'Greg' McFarland, age 58, of Mentor, will be 8 p.m. Thursday at Johnson Funeral Home, 368 Mentor Ave., Painesville (opposite Lake Erie College).
Sugar and ethanol prices have been appreciating during the last few months, but the short-term outlook remains uncertain due to excess production of sugar.
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