REFS is
a mine of invaluable information for the private investor.
Selecting shares without its help is like trying to
clap with one hand tied behind your back.
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Average PER
The average price-earnings ratio (PER) at the
foot of the graph is the average of all month-end PERs calculated
during each year shown. The month-end PERs are the result of
dividing, at each month-end, the prevailing share price by the
prevailing historic normalised EPS.
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