P/E by itself is not very helpful. You have to did deeper into a company's financial statements and get a grasp of the whole picture. The problem right now in the market is that the average investor feels that they cannot trust the "E" in P/E. Everyone is afraid of being caught caught up in another fraud scandal because a company was playing with their numbers and "E" that report to the public aren't the true earnings of the company. Why do want to know all the stocks within a P/E range? Is it for some investment plan you have or are you doing some reasearch for other reasons?
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