Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 40.34

-2.6%

Dec 8 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Garrison who wrote (14219)	3/15/1997 10:02:00 AM
From: Peter Mills	of 186894

Hi Jim, be careful when using historical P/E. The high/low P/E numbers you listed were based the absolute highest and lowest day of the year and the earnings are the actual earnings that were not known till year end. For example, the low 1996 P/E of 8.6 is the result of share price of $50 in early early 1996 and earnings of $5.81 released in early early 1997. At the time the share price was $50, people were thinking P/E of 12.4 because 1995 earnings (ie $4.03) had just been released. In fact, current P/E is almost always quoted based on trailing earnings, so if you followed INTC during 1996, you wouldn't have seen it drop below P/E of 12. The historical figures are useful for comparing year to year but you have to realize how the number was calculated and take that into account. Lastly, Wall Street seems to be assigning a slightly higher P/E to INTC. Good Luck. Peter

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next