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DewDiligence

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DewDiligence

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Re: DewDiligence post# 27994

Friday, 05/19/2023 10:53:45 AM

Friday, May 19, 2023 10:53:45 AM

Post# of 30495
How can the DE's FY2023 P/E ratio be only 12? Because many investors still (wrongly, IMO) consider DE a textbook cyclical company, and hence they think that business conditions must get worse when the cycle turns down.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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