How to cite this paper
Ghaeli, M. (2017). Price-to-earnings ratio: A state-of-art review.Accounting, 3(2), 131-136.
Refrences
Anderson, K., & Zastawniak, T. (2016). Glamour, value and anchoring on the changing P/E. The European Journal of Finance, 1-32.
Arslan, M., Zaman, R., & Phil, M. (2014). Impact of dividend yield and price earnings ratio on stock returns: A study non-financial listed firms of Pakistan. Research Journal of Finance and Accounting), ISSN, 2222-1697.
Baker, T., Langemeier, M., & Boehlje, M. (2013). Farmland price to earnings ratios for Indiana. Center for Commercial Agricultural Business, Purdue University.
Basu, S. (1977). Investment performance of common stocks in relation to their price‐earnings ratios: A test of the efficient market hypothesis. The journal of Finance, 32(3), 663-682.
Beaver, W., & Morse, D. (1978). What determines price-earnings ratios?.Financial Analysts Journal, 34(4), 65-76.
Cook, T. J., & Rozeff, M. S. (1984). Size and earnings/price ratio anomalies: one effect or two?. Journal of Financial and Quantitative Analysis, 19(4), 449-466.
Chen, L. W., Yu, H. Y., & Huang, H. H. (2015). Revisiting the earnings–price effect: The importance of future earnings. Finance Research Letters, 13, 90-96.
Chhaya, G., & Nigam, P. (2015). Value investing with price-earnings ratio in India. IUP Journal of Applied Finance, 21(2), 34.
Deaves, R., Miu, P., & White, C. B. (2008). Canadian stock market multiples and their predictive content. International Review of Economics & Finance,17(3), 457-466.
Estrada, J. (2005). Adjusting P/E ratios by growth and risk: the PERG ratio.International Journal of Managerial Finance, 1(3), 187-203.
Fama, E. F., & French, K. R. (1992). The cross‐section of expected stock returns. The Journal of Finance, 47(2), 427-465.
French, K. R., & Poterba, J. M. (1991). Were Japanese stock prices too high?. Journal of Financial Economics, 29(2), 337-363.
Goodman, D. A., & Peavy III, J. W. (1986). The interaction of firm size and price-earnings ratio on portfolio performance. Financial Analysts Journal,42(1), 9-12.
Houmes, R., & Chira, I. (2015). The effect of ownership structure on the price earnings ratio—returns anomaly. International Review of Financial Analysis, 37, 140-147.
Lam, K. S. (2002). The relationship between size, book-to-market equity ratio, earnings–price ratio, and return for the Hong Kong stock market. Global Finance Journal, 13(2), 163-179.
Lafmejani, M. (2017). The relationship between size, book-to-market equity ratio, earnings–price ratio, and return for the Tehran stock Exchange.Accounting, 3(1), 11-18.
Lau, S. T., Lee, C. T., & McInish, T. H. (2002). Stock returns and beta, firms size, E/P, CF/P, book-to-market, and sales growth: evidence from Singapore and Malaysia. Journal of multinational financial management, 12(3), 207-222.
Al-Mwalla, M., Al-Omari, A. M., & Ayad, F. (2010). The relationship between P/E ratio, dividend yield ratio, size and stock returns in Jordanian companies: A co-integration approach. International Research Journal of Finance and Economics, 49(7), 87-103.
Nicholson, S. F. (1960). Price-earnings ratios. Financial Analysts Journal,16(4), 43-45.
Penman, S. H. (1996). The articulation of price–earnings ratios and market-to-book ratios and the evaluation of growth (digest summary). Journal of Accounting Research, 34(2), 235-59.
San Ong, T., Yichen, Y. N., & Teh, B. H. (2010). Can high price earnings ratio act as an indicator of the coming bear market in the Malaysia?.International Journal of Business and Social Science, 1(1), 194-213.
Weigand, R. A., & Irons, R. (2007). The market p/e ratio, earnings trends, and stock return forecasts. Journal of Portfolio Management, 33(4), 87.
Weske, J., & Benuto, L. (2015). Share prices and price/earnings ratios as predictors of fraud prior to a fraud announcement. Academy of Accounting and Financial Studies Journal, 19(2), 281.
Wisniewski, T. P., Lightfoot, G., & Lilley, S. (2012). Speculating on presidential success: exploring the link between the price–earnings ratio and approval ratings. Journal of Economics and Finance, 36(1), 106-122.
Wu, W. T. (2014). The forward E/P ratio and earnings growth. Advances in Accounting, 30(1), 128-142.
Zorn, T., Dudney, D., Jirasakuldech, B. (2009). P/E changes: Some new results. Journal of Forecasting, 28 (4), 358-370
Arslan, M., Zaman, R., & Phil, M. (2014). Impact of dividend yield and price earnings ratio on stock returns: A study non-financial listed firms of Pakistan. Research Journal of Finance and Accounting), ISSN, 2222-1697.
Baker, T., Langemeier, M., & Boehlje, M. (2013). Farmland price to earnings ratios for Indiana. Center for Commercial Agricultural Business, Purdue University.
Basu, S. (1977). Investment performance of common stocks in relation to their price‐earnings ratios: A test of the efficient market hypothesis. The journal of Finance, 32(3), 663-682.
Beaver, W., & Morse, D. (1978). What determines price-earnings ratios?.Financial Analysts Journal, 34(4), 65-76.
Cook, T. J., & Rozeff, M. S. (1984). Size and earnings/price ratio anomalies: one effect or two?. Journal of Financial and Quantitative Analysis, 19(4), 449-466.
Chen, L. W., Yu, H. Y., & Huang, H. H. (2015). Revisiting the earnings–price effect: The importance of future earnings. Finance Research Letters, 13, 90-96.
Chhaya, G., & Nigam, P. (2015). Value investing with price-earnings ratio in India. IUP Journal of Applied Finance, 21(2), 34.
Deaves, R., Miu, P., & White, C. B. (2008). Canadian stock market multiples and their predictive content. International Review of Economics & Finance,17(3), 457-466.
Estrada, J. (2005). Adjusting P/E ratios by growth and risk: the PERG ratio.International Journal of Managerial Finance, 1(3), 187-203.
Fama, E. F., & French, K. R. (1992). The cross‐section of expected stock returns. The Journal of Finance, 47(2), 427-465.
French, K. R., & Poterba, J. M. (1991). Were Japanese stock prices too high?. Journal of Financial Economics, 29(2), 337-363.
Goodman, D. A., & Peavy III, J. W. (1986). The interaction of firm size and price-earnings ratio on portfolio performance. Financial Analysts Journal,42(1), 9-12.
Houmes, R., & Chira, I. (2015). The effect of ownership structure on the price earnings ratio—returns anomaly. International Review of Financial Analysis, 37, 140-147.
Lam, K. S. (2002). The relationship between size, book-to-market equity ratio, earnings–price ratio, and return for the Hong Kong stock market. Global Finance Journal, 13(2), 163-179.
Lafmejani, M. (2017). The relationship between size, book-to-market equity ratio, earnings–price ratio, and return for the Tehran stock Exchange.Accounting, 3(1), 11-18.
Lau, S. T., Lee, C. T., & McInish, T. H. (2002). Stock returns and beta, firms size, E/P, CF/P, book-to-market, and sales growth: evidence from Singapore and Malaysia. Journal of multinational financial management, 12(3), 207-222.
Al-Mwalla, M., Al-Omari, A. M., & Ayad, F. (2010). The relationship between P/E ratio, dividend yield ratio, size and stock returns in Jordanian companies: A co-integration approach. International Research Journal of Finance and Economics, 49(7), 87-103.
Nicholson, S. F. (1960). Price-earnings ratios. Financial Analysts Journal,16(4), 43-45.
Penman, S. H. (1996). The articulation of price–earnings ratios and market-to-book ratios and the evaluation of growth (digest summary). Journal of Accounting Research, 34(2), 235-59.
San Ong, T., Yichen, Y. N., & Teh, B. H. (2010). Can high price earnings ratio act as an indicator of the coming bear market in the Malaysia?.International Journal of Business and Social Science, 1(1), 194-213.
Weigand, R. A., & Irons, R. (2007). The market p/e ratio, earnings trends, and stock return forecasts. Journal of Portfolio Management, 33(4), 87.
Weske, J., & Benuto, L. (2015). Share prices and price/earnings ratios as predictors of fraud prior to a fraud announcement. Academy of Accounting and Financial Studies Journal, 19(2), 281.
Wisniewski, T. P., Lightfoot, G., & Lilley, S. (2012). Speculating on presidential success: exploring the link between the price–earnings ratio and approval ratings. Journal of Economics and Finance, 36(1), 106-122.
Wu, W. T. (2014). The forward E/P ratio and earnings growth. Advances in Accounting, 30(1), 128-142.
Zorn, T., Dudney, D., Jirasakuldech, B. (2009). P/E changes: Some new results. Journal of Forecasting, 28 (4), 358-370