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Politics : High Tolerance Plasticity

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To: stockman_scott who wrote (15315)7/20/2002 12:47:46 PM
From: jim_p  Read Replies (3) of 23153
 
Two articles both dated 7/18. One says the S & P P/E ratio is 40X trailing earning, and the others says the S&P 500 is selling at 12X forward earnings.

This can't that difficult to calculate??

Anyone have a better number?

Jim

"The entire financial sector of the S&P 500 now trades at just 12 times forward 12-month earnings"

"What are better measures of share valuation, then? In America, the price/earnings (p/e) ratio—share prices divided by earnings per share—still assumes implausibly high growth in company earnings. The post-war average p/e for the S&P 500 is 15; now it is 40"
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