RE: Storm Clouds Gathering Again?26 Sep 2020 14:29
From balanced66 link
At the peak of the madness back then, Microsoft stock was valued at 113 times the per-share earnings of the previous 12 months, and Cisco Systems an epic 300 times. This time around, Microsoft, Apple and Google are all on trailing price-earnings ratios in the 30s, which are historically very high — but not quite as crazy as back then. (Netflix, though, is 80 times trailing earnings, and Amazon more than 100 times).
Exceptional p/e's I know what's ours? Will be still under 2 when sales are updated, trinityman im no longer blasé but this share is very sound imho