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Re: zombywolf post# 38483

Thursday, 01/19/2017 9:12:13 AM

Thursday, January 19, 2017 9:12:13 AM

Post# of 203914
I'm still trying to decide if OWCP is Biotech or Pharma, or both.

Average Pharma PE ratios are in the 180s, but Biotech is 321.

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

I think Forward PE number is more rational to use, those are 21 for pharma and 110 for biotech.

Former equity arbitrage trader on the Amex