P/E RATIO Definition

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P/E RATIO (PRICE/EARNINGS RATIO) is a stock analysis statistic in which the current price of a stock (todays last sale price) is divided by the reported actual (or sometimes projected, which would be forecast) earnings per share of the issuing firm; it is also called the "multiple".

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LOSS LEADER is a featured article of merchandise sold at a loss in order to draw customers.

POUND is a currency of Biafra, Cyprus, Egypt, England, Falkland Islands, Guernsey, Isle of Man, Jersey, Lebanon, Libya, Nigeria, Palestine, Rhodesia, South Africa, St. Helena, South Africa, Syria, England, Scotland, Northern Ireland, Isle of Man, Jersey, and Guernsey.

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