3 ms·
That PE means it is grossly overvalued, concentrated in a few large tech companies. Saying pe 22 is value territory just illustrates the massively distorted cur
by grey-area 5y ago
That PE means it is grossly overvalued, concentrated in a few large tech companies. Saying pe 22 is value territory just illustrates the massively distorted current market.
Historically, around 15 is the mean, not 25
https://www.multpl.com/s-p-500-pe-ratio https://www.multpl.com/s-p-500-pe-ratio