I used to care more about PE, but I came to realize that stock valuations are largely about near future expectations. To accurately capture this, you can't just

I used to care more about PE, but I came to realize that stock valuations are largely about near future expectations. To accurately capture this, you can't just look at the velocity of revenue, but the acceleration as well. That said, I currently think "value" stocks are out of fashion because of FOMO of the high-PE stocks.