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S&P 500
6,506.48
(
-1.51%
)
US TECH 100
23,484.80
(
-0.99%
)
Dow Jones
45,577.47
(
-0.96%
)
Brent Oil
109.10
(
0.90%
)
Bitcoin
68,645.96
(
1.19%
)
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DewDiligence

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DewDiligence

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Re: Rocky3 post# 7306

Wednesday, 07/10/2013 6:26:06 PM

Wednesday, July 10, 2013 6:26:06 PM

Post# of 30495
YUM—You missed the point of the WSJ article, evidently. The problem is not that a P/E ratio of 19 is too high for a growth rate of 12.6%, but rather that the WSJ doesn’t think the consesus growth rate for YUM is realistic.

p.s. I get your reference to the Biotech Values thread on the PEG ratio.

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

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