SI
SI
discoversearch

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.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Shread who wrote (14718)8/12/2001 1:33:57 PM
From: Mark L.  Read Replies (2) of 52237
 
How recent is that data? At the last major bottom in 1982, the S&P traded at a PE of 6.

The low point for the P/E in 1982 was in July. At that point the 12-month trailing corporate earnings were still relatively strong ($429.2 bil). The trough of 12-month trailing earnings was in April, 1983 ($345.6 bil). By that point the S&P P/E was 9.5, close to 50% higher.

The July, 1982 P/E was historically unusual. You have to go back to January, 1922 to find one lower.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext