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Earnings Yield: Better than P/E for Valuing Stocks

By MagicDiligence on Mon, 2009-05-11 07:26
(via www.magicdiligence.com)

The second component of Joel Greenblatt's "Magic Formula Investing" (MFI), Earnings Yield represents a better way of measuring the valuation of a stock. This article tells you why as well as how it's calculated for MFI purposes.