3 ms·
I don't think the data says what he think it says. Sure, it is not 1999 or even 2002. I don't think anyone thinks it is. Focus on the last 4 years. It looks
by joshuaellinger 13y ago
I don't think the data says what he think it says.
Sure, it is not 1999 or even 2002. I don't think anyone thinks it is.
Focus on the last 4 years. It looks pretty flat with a blip in 2010.
3/31/2009: 14.5
3/31/2010: 18.8
3/31/2011: 15.4
3/30/2012: 15.5
Of course, Ben could be (and probably is) right but the P/E ratio does not look like evidence to me.