Friday, October 23, 2009

Chart of the Day: S&P500 P/E Ratio


Chart of the Day: S&P500 P/E Ratio
"As a result of the recent plunge in earnings and recent stock market rally, the PE ratio spiked and just peaked at 144 – a record high.
Currently, with 97% of US corporations having reported for Q2 2009, the PE ratio now stands at a lofty 129."

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