p.e or price to rent..... any difference?
Started by Riversider
almost 16 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
http://online.wsj.com/article/SB10001424052748703618504575459583913373278.html As investors fixate on the global forces whipsawing the markets, one fundamental measure of stock-market value, the price/earnings ratio, is shrinking in size and importance.
What's the current P/E for NYC condo-coop price? Is 20 a good value to buy? E= rent - maintenance - tax. Or should the valuation be 16 * annual rent without taking account into the carrying cost?