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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Joppike who wrote (72226)6/23/2015 2:41:16 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Joppike

  Read Replies (1) | Respond to of 220391
 
Thanks, wow, a PE of 26 is really high... is it justified to be that high??? If the market moves on anticipation, then this market is anticipating a prosperous global economy... it just seems so unlikely, but who knows...

GZ



To: Joppike who wrote (72226)6/23/2015 7:38:39 PM
From: catou11 Recommendation

Recommended By
Joppike

  Respond to of 220391
 
In accounting when we evaluate a company we consider the interest rate. When interest are low higher is the value, similar to housing market. Maybe it's the same with PE ratio.