Unless current profit margins can be sustained indefinitely, P / E multiples may turn out to be very
unreliable measures of value.
Not exact matches
However, the vast majority
of evidence suggests that P / E ratios are an
unreliable way to
measure the true
value of stocks.
On the third point, Hess explains that
value - added
measures of teacher effectiveness are too imprecise and
unreliable when just a few years
of data are used to judge individual teachers.
Experts know that standardized tests are
of limited
value, because they are unstable,
unreliable and most importantly, do not
measure the breadth
of skills and experience that are the goals
of education.
Most importantly, Dr. Darling - Hammond states that evaluation should include evidence
of student learning but from sources other than standardized tests, and she rejects growth
measures such as SGPs and
Value - Added Models because
of the ever increasing research base that says they are
unreliable and create poor incentives in education.
He argues that coursework was an «
unreliable measure»
of ability, «much
of it had little
value» and it could too easily be «influenced» by teachers or parents.