P/E ratio calculations with minority interest

I would like to check if there are any adjustments needed when calculating P/E ratio (market cap/net income) in a company with minority interest. Should we use net income before or after minority interests to calculate the P/E ratio? 

4 Comments
 

In that case, do we also have to make any adjustments for the market cap to account for after-minority interest? I am confused if this is an apples-to-apples comparison.

 

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