About Price-earning (P/E) ratio?

<p>Which one of the following statements about Price-earning (P/E) ratio is true?</p> <p>A. A company with high growth opportunities ordinarily has a high P/E ratio</p> <p>B. A P/E ratio has more meaning when a firm has losses than when it has profits.</p> <p>C. A P/E ratio has more meaning when a firm has abnormally low profits in relation to its assets base.</p> <p>D. A P/E ratio expresses the relationship between a firm's market price and its net sales</p>