The price-to-earnings (P/E) ratio of asset i is defined thus:

\text{P/E}_{i} = \frac{P_{i}}{E_{i}} |

where:

P_{i} is the estimated fair value of asset i

\textit{E}_{i} is the 5-year trailing average earnings of asset i

The price-to-earnings (P/E) ratio of asset i is defined thus:

\text{P/E}_{i} = \frac{P_{i}}{E_{i}} |

where:

P_{i} is the estimated fair value of asset i

\textit{E}_{i} is the 5-year trailing average earnings of asset i

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