That's why "P/E" is a poor metric. A high P/E isn't necessarily bad if there is growth to back it up, and a low P/E isn't necessarily good if there is no growth.A better metric (and much more difficult for most to do) is discounted cash flow (DCF). www.valuepro.net does an OK job with this. Their default numbers are good starting points. Sometimes I tweak their discount rate, though as I believe it often is low.1poorguy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<