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The numbers game - A certain ratio - 16:1

Howieson, Stirling (2007) The numbers game - A certain ratio - 16:1. Scotregen, Scottish Urban Regeneration Forum, 39 (autumn).

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Abstract

Historically, average price to earnings ratios have always been close to 16:1. Those who wish to gamble on the stock market may do better than this but it will rely on them having ‘insider’ knowledge to buy at the lower end and get out before the inevitable crash.