while = $40
It's the forward p/e that matters
No we did not.For a growing company P/E of 18...the IBM standard...may...be put aside--for a while.Another example CRM...P/E over 120...but growing and at $143 currently.Another example Apple...P/E of less than 11 (eleven).So yes, P/E is important.....but there are temporary exception.So r u a FIO short?
No I am very very very long FIO :) waiting FIO to turn 40 by March 17th so I can arrange a bachelor's party for "him"
I think with new, rapidly growing companies, a good measure is PEG, not merely P/E.