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  • rgsam54 rgsam54 Oct 13, 2008 11:14 AM Flag

    The Essential Problem with Walgreen

    P/E stands for price earnings ratio. not yield. The only two things that affect it are those. This is what has happened. If price has stayed the same then earnings had to go higher. Which it has. The price has dropped a little but the biggest difference has been earnings. The price has not kept up with earnings. Also the company has strong fundamentals in this credit crunch with very little or not debt