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Politics : Ask Michael Burke
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To: Terry Maloney who wrote (72750)1/7/2000 8:51:00 AM
From: Freedom Fighter  Read Replies (2) of 132070
 
Terry,

I'd like to bring up a point about Value Line PEs. Somewhere along the line they switched to a method of calculating PEs that only includes companies with earnings.
That's having an impact on the PE ratio compared to what people are used to. (lowering it significantly)

I do not know if they have recalculated the prior PEs using the new method. I love VL but I think they are doing their best to join the "new era" of accounting, valuations, etc...

Wayne
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