Ok, and NAV is going to do 11.5 billion this year with earning of $5 to make a 7 PE ratio. I could list hundreds of others as well. Sure 40 is lower than some, and higher than others. I sincerely doubt it is the average for most stocks.
In addition both SIRI and TASR are severely overvalued, especially when the lawsuits from the TASR deaths start getting paid out.