Below is digital persona fingerprint reader dell an updated look at our sector valuation charts, using trailing 12-month P/E ratios.
No other sector is above.
Since earnings usually rise, the PE based on trialing earnings is likely to be a higher number than the PE based on analysts estimates of next years results.June 30, 2011.75, march 31, 2011.31 Dec.With the on-going disappearance of privately funded pensions and the problems of social security its going to be tough to maintain quality of life during retirement.With normal probability distribution table a log scale exponential trends become straight lines.Likewise, a companys EPS is its total earnings divided by the number of shares. .On both occasions, the PE rose because the proportional drop in earnings was greater than the decline in stock prices. This chart suggests that the bull markets of the late 1990s and mid 2000s were driven by inflated valuations. At one point last year the P/E for Utilities was higher than that of the S P 500 as well as the Technology sector.31, 2006.40 Sept. As rates have risen this year, weve seen Utilities stocks get crushed, and the sectors P/E has now fallen back down into the 15s.Counting only positive profits and skipping losses might make for nicer numbers, but it would be market analysis through rose colored glasses.30, 2013.82, june 30, 2013.66.Calculating the earnings per share for the index is a bit more complicated than the. EPS is the market analysts gauge corporate profits in the US while the PE is their measure of value. .30, 2008.38 June 30, 2008.92 March 31, 2008.90 Dec.There are a few ways to measure the PE, depending on how earnings are measured.March 31, 2013.89, dec.31, 2007.19 Sept.
Instead of the, lost Decade, we really ought to be talking about the last 20 years of irrational exuberance.