View All num of num See all Photos Citi This employer has taken extra steps to respond to reviews and provide job seekers with accurate company information, photos, and reviews. Interested for your company?Learn More. www.citigroup.com Employer Engaged Overview Reviews Salaries Interviews Jobs Photos Benefits 3.1k Reviews 6.4k Salaries 1.0k Interviews 5.8k Jobs Follow Add Review or Salary Follow Add Review or Salary Interview Question Investment Banking Analyst Interview Citi Take two currently identical companies. One has a higher P/E ratio than another. Why could this be? Tags: See more , See less 8 Answer Add Tags Answer Interview Answer 1 Answer ▲ 0 ▼ Benjamin Graham has explained in one of his works that- it is not necessary that all common stocks with the same average earnings should have the same value.The common-stock investor will properly accord a more liberal valuation to those which have current earnings above the average, or which may reasonably be considered to possess better than average prospects. Snigdha Mehrotra on Apr 27, 2012 Add Answers or Comments To comment on this, Sign In or Sign Up.