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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (12746)6/12/2002 3:48:00 PM
From: David Howe  Read Replies (1) | Respond to of 19219
 
<< P/S not EPS >>

Opps, sorry.

Current average P/S is about 1.5

Historical average P/S is around 1.0

No change to my comments. Again, it's a low inflation environment, we are currently at recession lows in terms of sales.

By the way, most companies have higher margins now due to productivity gains. Higher margins lead to higher P/S ratios.

IMO,
Dave