Is it so unbelievable (now) that when the markets re-test the March lows (& might break thru them) that this high PE ratio will not be the talk of the day? And that the downturn in markets was required to bring the stocks in line with earnings?
I bet (right here, right now) that PE ratios will be all over the WSJ then.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.