Another term for the price/earnings ratio is?

The price/ earnings ratio is a valuation ratio of a company's current share price compared to its per-share earnings.

Calculated as:

Market Value per Share/
Earnings per Share (EPS)

For example, if a company is currently trading at $43 a share and earnings over the last 12 months were $1.95 per share, the P/E ratio for the stock would be 22.05 ($43/$1.95). It is also sometimes known as "price multiple" or "earnings multiple".