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Apple Inc. Message Board

  • bribeavis bribeavis Apr 18, 2013 7:16 PM Flag

    P/E shock value

    Read somewhere that Peter Lynch was quoted as saying that in recent times a high p/e of 40 has lost its shock value. I think the same can be said about very low p/e ratios. I've seen many good retailers have their p/e driven below 5. Many of these stocks rebounded spectacularly. Think this is noteworthy when looking at Apple. The current p/e when you back out cash is looking attractive even if you account for a big earnings decrease, but you need to put yourself in a position to potentially average down in the future.


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