So when you are considering a stock based on its P / E value, then it's always wise to look at other bases of valuation, too. (wisestockbuyer.com)
«Even the rather crude assumption that past average earnings will be repeated in the future may be found a more reliable basis of valuation than some other figure plucked out of the air of either optimism or pessimism.» (euclidean.com)
With the launch of our Asset Allocation website in October 2014, we sought to shift investors» focus from chasing the past performance of asset classes to emphasize forward - looking returns on a sound basis of valuation. (researchaffiliates.com)