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At 20.53 [0] why does it need explaining? It's been higher many times in the past. [0]: https://www.multpl.com/s-p-500-pe-ratio https://www.multpl.com/s-p-500
by mrep 6y ago
At 20.53 [0] why does it need explaining? It's been higher many times in the past.
[0]: https://www.multpl.com/s-p-500-pe-ratio https://www.multpl.com/s-p-500-pe-ratio
- take_a_breath 6y agoYour chart shows the median P/E of 14.82. That would make us 38.5% over priced based on historical standards. Meanwhile, we just had the most significant unemployment event in our country’s history. If you believe economic fundamentals support historically-high valuations, I think it does deserve an explanation. Forward P/E at highest levels in 18 years: https://markets.businessinsider.com/news/stocks/stock-market-trading-highest-valuation-years-pe-ratio-earnings-unemployment-2020-5-1029197856?op=1 https://markets.businessinsider.com/news/stocks/stock-market...