re: #694 Max Darkside

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

[Link: www2.standardandpoors.com…]

That sends me to a spreadsheet…. The math looks wrong for a bunch of reasons… first the average for the past 22 quarters is 20, then for some reason it jumps to 60? Doubtful.

But you can’t forecast PE even if you know future earnings (and you never really do), because you can’t know the future price…

I think that spreadsheet is wacked…