It's a useless term. (also see Free Cash Flow yield)
On Mar 22 05:07 PM socphd71 wrote:
> I looked up the definition of "earnings yield." It is the reciprocal > of the PE ratio. So why is a high earnings yield "better-than-bonds"? > Or is this simply another misleading title?
Barron's Better-than-Bonds Stock Picks [View article]
On Mar 22 05:07 PM socphd71 wrote:
> I looked up the definition of "earnings yield." It is the reciprocal
> of the PE ratio. So why is a high earnings yield "better-than-bonds"?
> Or is this simply another misleading title?