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Name the outlier

You've identified that a company in the Industrial Technology sector has a P/E ratio of greater than 50. Let's identify this company.

numpy is imported as np, and arrays it_pe (P/E ratios of Industrial Technology companies) and it_names (names of Industrial Technology companies) are available in your workspace.

This exercise is part of the course

Introduction to Python for Finance

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Exercise instructions

  • Identify the P/E ratio greater than 50 and assign it to outlier_price.
  • Identify the company with P/E ratio greater than 50 and assign it to outlier_name.

Hands-on interactive exercise

Have a go at this exercise by completing this sample code.

# Identify P/E ratio within it_pe that is > 50
outlier_price = it_pe[____ > 50]

# Identify the company with PE ratio > 50
outlier_name = it_names[____]

# Display results
print("In 2017, " + str(outlier_name[0]) + " had an abnormally high P/E ratio of " + str(round(outlier_price[0], 2)) + ".")
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