Use of P/E ratios will not produce superior
Investment results according to the

Question

Quizplus · Accepted Answer

The semi-strong form of the efficient market hypothesis states that all publicly available information is already reflected in stock prices, including ratios like P/E ratios. Therefore, using P/E ratios to try to beat the market is unlikely to result in superior investment returns. The weak form of the efficient market hypothesis only applies to past prices and trading volumes, while the strong form includes all information, public and private.

Use of P/E Ratios Will Not Produce Superior