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PE
noun
The seventeenth letter of many Semitic alphabets/abjads (Phoenician, Aramaic, Hebrew, Syriac, and others; Arabic has the analog Faa).
Exact(56)
For example, the ratio of the value placed by investors on non-financial companies in America to their inflation adjusted net worth ("the q ratio") is mean reverting, as is the cyclically adjusted PE of all listed companies i.e. the PE based on an average of past earnings, also cyclically adjusted ("CAPE").
It successfully localised foreign reactor technology, which is exactly what the Chinese are doing today.Stephen Kidd Bournemouth, DorsetTerra FirmaSIR – You questioned whether the interests of a private-equity (PE) house and its investors in a fund it manages can be meaningfully aligned when the PE house will receive no carry at the end of a fund's life ("Last hurrah", December 6th).
The following letter is from Guy Hands about our article "Last hurrah", which appeared in the December 6th issue:SIR – You questioned whether the interests of a private-equity (PE) house and its investors in a fund it manages can be meaningfully aligned when the PE house will receive no carry at the end of a fund's life ("Last hurrah", December 6th).
The money is used to run PE classes in schools where there are no trained staff, organise sports clubs and run competitions.
Royal Mail trades on...a12.3 times PE versus peers on...and 7-16 times.
Some 81% of parents surveyed said the amount of PE and games had either stayed the same or been reduced in their children's schools since the Olympics.
Other truths consolidated in George's story this week: PE teachers are evil, and no good can ever come of salsa classes.
Similar(4)
But an early version of the report also said that "we find little evidence that PE-owned firms outperform public firms in profitability or operational efficiency".
Where on-campus recruiting is typically done by February, most off-campus PE/VC recruiting begins later.
While friends practiced the dreaded case interviews for consulting, those of us going for PE/VC were still working on the necessary investment theses and shaking the networking tree.
Later, when the same friends were celebrating multiple offers, those targeting PE/VC struggled to keep their spirits up as their own recruiting anxieties were at their worst.
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