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: