Is Price Earnings Ratio a Good Measure of Stocks?

Oct. 15 (Bloomberg) -- Tobias Levkovich, chief U.S. equity strategist at Citigroup, compares market outlooks for Europe and the United States and using price earnings ratio to measure stocks. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Obama Has 'Very Firm Policy' on E-mails, Jarrett Says
12:23 - Valerie Jarrett, a senior adviser to President Barack Obama, talks about the U.S. economy and labor policy, efforts to help adolescent girls around the world attend and stay in school, and the administration's policy on e-mail security. She speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
  • The European Close: Financials Higher, Utilities Lower
  • People Realize Reality TV Isn’t Real: TLC’s Kaplan
  • How Customer Likes to Shop Changing Rapidly: Neiman CEO