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Out of line
A stock price that is too high or too low in comparison with similar-quality stocks in the same industry, according to its price/earnings ratio.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Out of Line
Describing a stock with a price-earnings ratio significantly above or below that of other stocks in the same industry or other group. This may lead to larger than usual differences in price.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved