Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 23 4:00 PM EST

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To: Qualified Opinion who wrote (41526)	12/9/2012 7:17:01 PM
From: Vendit™	Read Replies (1) of 222362

One other fundamental thing that I used to look at was PE Ratio vs current stock price. BAC trades on the S&P where average PE Ratios are just under 16%. That means that BAC who earns .37 cents is worth $5.92 per share which means that BAC is trading about 44% above the S&Ps average PE. Is that important? I have no idea. <g>

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