Table8.3presentssummarystatistics,inJanuary2006,onall
threemeasuresoftheprice-earningsratio,startingwith the
meanandthestandarderror,andincludingthemedian,10th,
and 90th percentile values.
4
TABLE8.3SummaryStatistics—P/ERatiosforU.S.Stocks
in January 2006