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> Entire S&P 500 PE is 15 Google demonstrates steady 25% y/y grows for 20 years already, most of SP500 probably doesn't.
by riku_iki 5y ago
> Entire S&P 500 PE is 15
Google demonstrates steady 25% y/y grows for 20 years already, most of SP500 probably doesn't.
- colinmhayes 5y agoWhich is why guidance matters... Most companies are just expected to grow barely faster than inflation, which isn't too hard. But companies with high PE are expected to grow much faster. It's not this quarters revenue that matters, but future ones. Guidance is about future quarters. Sour guidance means you're no longer a rocketing tech company.