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With a median price-to-earnings (or "P/E") ratio of close to 15x in the United States, you could be forgiven for feeling indifferent about News Corporation's (NASDAQ:NWSA) P/E ratio of 15.7x. Although, it's not wise to simply ignore the P/E without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
Recent times have been advantageous for News as its earnings have been rising faster than most other companies. It might be that many expect the strong earnings...
>>> Read more: News Corporation's (NASDAQ:NWSA) Shares May Have Run Too Fast Too Soon
Recent times have been advantageous for News as its earnings have been rising faster than most other companies. It might be that many expect the strong earnings...
>>> Read more: News Corporation's (NASDAQ:NWSA) Shares May Have Run Too Fast Too Soon