Backboards: 
Posts: 151
In response to "P/E 15 = earnings yield of 6.7%. 30 year treasury yields less than 2%. Which would you rather have? -- nm" by Tenetennbaron

What I mean is: once upon a time 15 was considered the boundary between underpriced and overpriced.

Nowadays P/Es are much much higher and stocks keep climbing. The old 15 P/E rule is dead I think

Responses:
Post a message   top
Replies are disabled on threads older than 7 days.