anyone know why its in the 100's?
Answers: The P/E ratio reflect a one-time charge they took related to their pension plans. That charge reduced returns by $6.1 billion. Without the one-time charge, the actual p/e is around 17, based on this year's expected income.
Because it's obviously overvalued. P/E of 14 is historically average. The Dow P/E is somewhere close to 25 right immediately. Thier growing fast.
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Answers: The P/E ratio reflect a one-time charge they took related to their pension plans. That charge reduced returns by $6.1 billion. Without the one-time charge, the actual p/e is around 17, based on this year's expected income.
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Because it's obviously overvalued. P/E of 14 is historically average. The Dow P/E is somewhere close to 25 right immediately. Thier growing fast.
Resolved Questions: