Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Different ways of looking at P/E Ratio vs EPS
Check your math... "two stocks, both with a P/E of 2 trading at $40 per share lets say, and one has an EPS of 5 whereas the other has an EPS of 10 is the latter a better purchase?" If a stock has P/E of 2 and  price of $40 it has an EPS of $20. Not $10. Not $5.