Grupo Aeroportuario del Sureste (ASR)

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115.58 -0.75  -0.64%   NYSE May 24, 10:58AM BATS Real time Currency in USD

Grupo Aeroportuario del Sureste PE 10

Grupo Aeroportuario del Sureste Historical PE 10 Data

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About PE 10

PE 10 is the current stock price divided by the average of the last 10 years' earnings per share.

Metrics of this nature were originally popularized by Benjamin Graham, often called the father of value investing. He used this measurement because it is less sensitive to short term economic fluctuations or accounting distortions which can affect a single year's earnings and PE ratio.

Hence, for stable businesses with long histories, PE 10 gives a better picture of price relative to historical earning power than a standard 1 year PE ratio.
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