Assignment
Read the Articles:
1) Does Chicago Rivet & Machine Co's (CVR) PE Ratio Signal A Buying Opportunity? by Kelly Murphy.
2) Is Cynergistek Inc's (CTEK) PE Ratio A Signal To Buy For Investors? by Mary Ramos.
3) Does Katana Capital Limited's (ASX:KAT) PE Ratio Signal A Selling Opportunity? by Kyle Sanford.
You can use the company assigned for you for the project.
Your assignment:
Also note that your answers should be written in your own words. Don't use quotes from the articles.
You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.
For this question we will be using P/E ratio.
To find a company's P/E ratio, use morningstar website, enter the desired stock symbol and request a basic quote. Once you have the basic quote, the P/E ratio is listed on a front page.
Compare the P/E ratio of your company with the industry average or with major competitors. Is there a difference between these numbers? Is the stock overvalued, undervalued, or properly valued? Why? In accordance with your findings, is it reasonable to buy the stock? Explain your answers.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.