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Not only is the P/E ratio dropping, it also is in danger of losing some of its prominence as a market.

不仅是市盈率下降，就是该指标也有可能失去一些作为市场基准的声望。

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The P/E ratio, thrust into prominence during the 1930s by value investors Benjamin Graham and David Dodd, measures the amount of money investors are paying for a company's earnings.

市盈率在20世纪30年代因价值投资者本杰明·格雷厄姆和戴维·多德而出名，该指标衡量投资者为公司获利支付的资金。