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Politics : Ask Michael Burke
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To: zsteve who wrote (68009)9/22/1999 11:06:00 AM
From: bill meehan  Read Replies (4) of 132070
 
zsteve/all: I am perplexed by the P/E for the Nasdaq. Looking at their site nasdaq-amex.com it shows the average P/E at 145.3, but that doesn't jibe with the average market value divided by the average net income. The table also shows "total" P/E as N/A, and I don't understand why one can't take total market value divided by total net income to come to 89.4. I must be missing something, and I'd appreciate it if someone will attempt to un-fog my brain.
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