> Oracle's P/E ratio implies the expectation of great growth, but to me Oracle looks kind of floundering with competition from F/OSS databases and all the faile

> Oracle's P/E ratio implies the expectation of great growth, but to me Oracle looks kind of floundering with competition from F/OSS databases and all the failed acquisitions / new lines of business such as "cloud". Umm, ORCL's PE is currently 18.7 and the average PE of the S&P 500 is currently around 21 so your statement about a PE that is pricing in "great growth" is dubious at best:). The average S&P 500 PE ratio is also above 18 if you start at a reasonable date of say 1980.. http://www.multpl.com/ http://www.multpl.com/