A stock with a P/E of 10 may be a bargain, but more research is required.

Name: A stock with a P/E of 10 may be a bargain, but more research is required.
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

This statement is true because a low P/E ratio relative to other companies in the same industry may indicate that the stock is undervalued. However, other factors such as the company's financial health, growth potential, industry trends, and competitive landscape should also be considered before making an investment decision.

A Stock with a P/E of 10 May Be a Bargain