Thursday, March 16, 2006

iUnits - Step back from that man behind the curtain!

ETF Investor » Barclays Deceitful About iShares ETF P/E Ratios: "Barclays calculates the PE ratios of its ETFs by excluding companies that are not profitable.

The result is that they claim that their Russell 2000 ETF has a P/E ratio of 19.1. If negative profits are included, however, the PE ratios of the Russell 2000 is 41."

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