XJO 0.40% 7,982.4 s&p/asx 200

why this thing has blown out of proportions, page-11

  1. 2,976 Posts.
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    When markets crashed in 1987, companies were operating on a average PE of 35+.

    Prior to the crash we have seen this year companies were operating on a average pe of 15.

    They are now operating on an average pe of 8.

    We have fallen well below the 1987 crash.
 
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