Why is that?
In the nominal sense, inflation will increase earnings and thus lower the P/E ratio. But there are a number of nuances that stem from the company’s ability to pass along inlfation costs to customers.
Does that help?
Why is that?
In the nominal sense, inflation will increase earnings and thus lower the P/E ratio. But there are a number of nuances that stem from the company’s ability to pass along inlfation costs to customers.
Does that help?