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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Index Investing
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Author: mechinv   😊 😞
Number: of 291 
Subject: Re: Vanguard ETF stats
Date: 06/13/24 8:40 PM
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PE is listed as 24.7, but PB 4.3 / RoE 24.61% comes to 15. Am I making some elementary calculation mistake here?

P/E = Price per share / earnings per share

P/B = Price per share / book value per share

RoE = Return on Equity

The P/E ratio has nothing to do with the P/B to RoE ratio.

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