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Non-Tech : Another Investment forum
QQQ 619.25-2.0%Nov 4 4:00 PM EST
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From: Brumar899/28/2011 12:09:18 PM
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P/E Ratio Hits 22-Year Low
    Thanks to the recent plunge in stocks, the P/E Ratio for the S&P 500 fell to 12.05 based on yesterday’s close. That’s the lowest reading since April 17, 1989.



    Here’s a look at the S&P 500 (black line, left scale) along with its earnings (gold line, right scale). The two lines are scaled at a ratio of 16-to-1.



    Posted by Eddy on September 23rd, 2011 at 11:23 am

    crossingwallstreet.com
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