Right from investor presentations to research reports, the price earning (P/E) ratio is one of the most overused and misused ratios in the valuation matrix. It is used by all and sundry to justify their valuations and create mirage of value. But is this the right matrix to look at ? The answer is no, there is a better option.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest