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  • Calculate a stock's price/earnings ratio yourself, using Graham's formula of current price divided by average earnings over the past three years.

    Benjamin Graham
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    Benjamin Graham (1965). “The Intelligent Investor: A Book of Practical Counsel”, p.120, Prabhat Prakashan
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Calculate a stock's price/earnings ratio yourself, using Graham's formula of current price divided by average earnings over the past three years. - Benjamin Graham
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