Список проголосовавших за комментарий "bocha, <br/> <strong>Real earnings yield</strong> = (1/PE ratio) – Inflation. The <strong>real earnings yield</strong> gives us the return we would expect given constant <strong>earnings</strong> at the current market price over inflation. The concept is elegantly simple. Think about it this way, as a bond investor I would expect to get some return above inflation."