Comment

UAW Will Own 55% of Chrysler

694
Max Darkside4/28/2009 2:47:06 pm PDT

re: #692 Buck

I don’t think that number is right… P/E is price to earnings ratio. So for example Microsoft’s PE is about 10. Apple? About 22.

I think at it’s peak the S&P 500 Price Earnings Ratio was under 50…. I don’t think it has ever been 120.

It is presently 60. Forecast is for doubling. Using “As Reported” earnings:

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