SACD
I'll answer that question for you ... PE is a ratio with many flaws because it relies heavily on "expert" judgement of what is "will occur in the near future" in terms of earnings and it also has an aspect that relies on past earnings .... I bet you that many analysts in the big investment houses are now reconsidering their projected earnings but they will not let you nor I see them until they are positioned ...that is why Catapillar had such an impact becuase it did not fit with projected earnings models ... these investment houses are always one step ahead of the game ...
SACDI'll answer that question for you ... PE is a ratio with...
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