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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (25777)9/4/2025 9:53:13 AM
From: Elroy  Read Replies (1) | Respond to of 26463
 
CRM's PE of 34

I just glanced at the Q2 CRM release. They grew sales 11% year over year.

Big stinkin' deal. How that deserves a 34x PE is beyond me.


How the S&P500 gets a 20+ PE is beyond me. I wonder what's the S&P500 PE if you remove the 6-7 biggest tech stocks, because their PE's have to be outliers.