Which of the Following Statements Is NOT True

Multiple Choice

Which of the following statements is NOT true?

A) Valuing stock by using a P/E multiple at least attempts to reflect the anticipated growth in earnings.
B) Valuing stock by using a P/E multiple at least attempts to reflect the uncertainty associated with the earnings.
C) Valuing stock by using a P/E multiple is an easy and intuitive methodology for an initial valuation technique.
D) All of the above are true.