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The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

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Ralph L. Schlosstein, chairman emeritus of the investment bank Evercore, on the financial paralysis on Wall Street with neither presidential candidate appearing to be an obvious friend to financiers.