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Apples stock actually has a low PE ratio of 30ish, suggesting it's well priced (a tad over twenty but in a market where everything is 30ish PE or worse). PE ra
by dragontamer 5y ago
Apples stock actually has a low PE ratio of 30ish, suggesting it's well priced (a tad over twenty but in a market where everything is 30ish PE or worse).
PE ratio is probably the best metric for what is or isn't overpriced.
- Ekaros 5y agoWith huge amount of cash, well positioned in market and so on. Tesla should really be the example of overpriced tech stock...