Can a 25 x P/E stock be good value when there are many trading at 5x?
Assuming we bought high PE stocks 10 or so years ago with perfect foresight of their financial numbers, were they overvalued or undervalued at that time? Can a 25x PE stock be good value? Most traditional value investors would stay away from a 25x PE stock. How to Value Companies Let’s start by figuring how … Read more