deg
You may be correct but I don't give two hoots about PE's whether current or forward. The latter is always grasped by the bulls.
PE's can remain stagnant because the share price falls in half as does the earnings.
So if your share price falls in half as does the earnings then you are happy.
PE's are nonsense especially when they are forward PE's.
In the late 1990's PE's for dotcoms were a zillion or infinity and it payed to buy them.
It was time that said the game is over not PE's.
And others may see things differently.
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