2 ms·
Large cap stocks that have firmly exited the growth phase generally have a p/e of around 15. As long as you dont think profits will decrease a p/e of 9 is gener
by HDThoreaun 3y ago
Large cap stocks that have firmly exited the growth phase generally have a p/e of around 15. As long as you dont think profits will decrease a p/e of 9 is generally a hard buy.
- nostrademons 3y agoNote that Intel had a P/E of about 9 as of March 2021 - I remember because I bought it. Three years later, with the stock having gone down by ~8%, its P/E is now 108. Oftentimes when investors discount a stock relative to earnings, it's because they expect earnings will decrease.