A P/E worked out from actual past earnings per share is called:
ATrawling
BTrialling
CTravelling
DTrailing
Answer & Solution
Correct answer: D. Trailing
1. The earnings have already been reported.
2. They look backward, not forward.
3. So the ratio is trailing.
_Source: OpenStax Principles of Finance, Chapter 11, Stocks and Stock Valuation._
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