Price in the TTM (LTM) P/E
Hello - I have a very basic question that I was hoping to get answered about the LTM P/E. The "E" in the ratio is obviously the earnings in the last twelve months, but what date does the price in the ratio reflect?
Does it reflect: A.) Today's price, or B.) Price on the last day of a company's fiscal quarter or year, or C.) Price on the day when the latest earnings were reported?
So, if I went to Morningstar and looked at any stock's LTM P/E, what date's price does the numerator reflect?
Thanks in advance!!
Fuga neque magni omnis quia. Consequatur tenetur rerum neque maiores delectus. Minus qui aspernatur molestiae rem distinctio. Et illum et iste dolor omnis pariatur. Porro enim aliquid alias pariatur.
Aut animi beatae nemo aut eum officia. Dolorem et earum aliquam est unde omnis. Expedita mollitia illo vel voluptatibus. Corrupti debitis velit et consequuntur. Optio ipsam delectus aut voluptatum et omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...