What is pe & eps in stock market?

EPS is earnings per share, its the profit figure reported divided by all ordinary shares in the market for a company. PE is price earnings, its the share price over last audited reported earnings per share (EPS), in effect its the number of years it will take for the current eps to ulatively equal the share price, excluded future growth prospects etc in the earnings. A high PE can be indicative of an overvalued share or possibly one which is expecting higher growth in the future, whereas the contra may apply to a low PE company