问题 单项选择题

An analyst does research about price multiples. For a given company, price to earnings ratios are generally more stable from period to period than:

A. price to sales ratios but not price to cash flow ratios.
B. price to cash flow ratios but not price to sale ratios.
C. neither price to sales ratios nor price to cash flow ratios.

答案

参考答案:C

解析: 相比销售收入和现金流,利润很容易被操纵,而且波动性更大,所以是最不稳定的。

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