Applicability of using P/E ratio as an investment strategy in Singapore.

Abstract

This paper seeks to determine whether the condition necessary for the use of the P/E ratio as an investment strategy is present in the Singapore context. It also aims to identify the relationships between P/E ratio and variables that include Beta, Dividend Payout Ratio, Dividend Per Share Growth, Earnings Per Share Growth, Earnings Volatility, Leverage and Market Capitalization