current PE ratios - one says buy, the other sell....

NominalSpeculator said:
i'm not saying the whole cycle is different just that shiller PE uses 10 year past data and that none of those had an expectation of -1000bps to the tax rate or such a low cost of capital :/. By taking the last 10 years you're failing to adjust them for the cycle. you have to compare PE ratio with another period where interest rates were just as low.
More...
OK it make sense to adjust for interest rate.
 
ironchef said:
OK you are one of those that say this time it is different.:D
More...
%%
NS is right, Ironchief;
best trending stocks tend to have the highest PE. AMZN has a PE of 189, today.

NOT a prediction;
so actually, for long time that has been true. IBD [Investor's Business Daily] has proved that also, for many years. Some managers that get paid on gross, like low PE; so if one gets paid on gross..... OK LOL.Wisdom is profitable to direct
 
murray t turtle said:
%%
NS is right, Ironchief;
best trending stocks tend to have the highest PE. AMZN has a PE of 189, today.

NOT a prediction;
so actually, for long time that has been true. IBD [Investor's Business Daily] has proved that also, for many years. Some managers that get paid on gross, like low PE; so if one gets paid on gross..... OK LOL.Wisdom is profitable to direct
More...
%%
Let me make a correction; according to IBD[ investors.com] AMZN has a PE of 242:D:caution:
 
ironchef said:
How do you value a maturing company with such high PE? Back in 2000 at its peak CSCO had a PE of ~100, stock price of ~$80. Maybe this time AMZN is different.:D
More...

When credit gets cut off it'll be an interesting experience for mom and pop everywhere.

MSFT tried taking over the world in the 90's, how did it's stock fare since?
It's rhetorical, and that's exactly what'll happen to Amazon starting in September(hopefully).
 
NominalSpeculator said:
i'm not saying the whole cycle is different just that shiller PE uses 10 year past data and that none of those had an expectation of -1000bps to the tax rate or such a low cost of capital :/. By taking the last 10 years you're failing to adjust them for the cycle. you have to compare PE ratio with another period where interest rates were just as low.
More...

Cycles haven't changed in 100 years.
Buisness cycles are governed by credit, and that is the only thing you should care about. Everything else is nonsense.
 
ironchef said:
How do you value a maturing company with such high PE? Back in 2000 at its peak CSCO had a PE of ~100, stock price of ~$80. Maybe this time AMZN is different.:D
More...
%%
Good news + bad news, study lots of stuff; its still worth more than bitcon. The bad news is ,strangely a $ 1040 top tail may be the beginning of the end. Hope they settle out of court, if possible :cool::caution:
 
You must log in or register to reply here.
Back
Top