Quote:
Originally Posted by Kushan
Yeah that's exactly what I am saying, at 2013 figures 8Bn is a great deal. If 2015 figures are higher, it's a steal.
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Lower ratios are preferable as far as how good a deal a purchase price is. Your housing example gave a 'P/E ratio' of 25:1 to less than 19:1, while the numbers for F1 are a ratio >25:1.