The Latest News From The Motley Fool: Ask the fool

Saturday 28 August 1999 23:02 BST

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Why is it that some people like to buy shares with high P/E ratios, and some like them low? Which is best?

MM, Swansea

The Fool responds: A company's price-to-earnings ratio is actually pretty meaningless on its own: future prospects need to be examined. On the Fool web site, we have a series on how to value shares: it may be useful.

If we publish your question, you'll win a Fool baseball cap. E-mail UKColumn@fool.com or post to Motley Fool, 79 Baker Street, London W1M 1AJ.

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