What does the “Price at Med PE without NRI” line have to do with this? And why isn't it mentioned here?!
The Chart That Made Peter Lynch 29% a YearWhat does the “Price at Med PE without NRI” line have to do with this? And why isn't it mentioned here?!
It's just a reference line to show the typical center of gravity of the stock in terms of PE. But PE by itself is a pretty crude measure of value so I have doubts about this technique. Its just one data point and just indicative of value.
I get the point. My point was that this appears to be some random addition that wasn't documented anywhere. It's not even mentioned in the article. They seem to like making random changes.