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.
why this thing has blown out of proportions, page-11
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,266.2 |
Change
-28.900(0.35%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,295.1 | 8,295.1 | 8,246.7 |
| XJO (ASX) Chart |