P/E not best tool to value a stock. Which ratio to apply to which sector?

The problem is, the P/E ratio overlooks assets and liabilities, which usually have a material impact on valuation. That means the price-to-earnings ratio is useful, but only to a point.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/p/e-not-best-tool-to-value-a-stock-which-ratio-to-apply-to-which-sector/articleshow/78331041.cms