This
table is exactly the same as the previous one, but the only
companies included are those that pass the REFS four-year
test of EPS growth. The tables are therefore far more meaningful
and should help to draw attention to neglected or under-valued
growth shares.
The level of the PER is the key point for inclusion in the
table, but close attention should be paid to the PEG as
this is a more reliable measure of the price that is being
paid for future growth.
REFS is
a mine of invaluable information for the private investor.
