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This page contains all of the posts and discussion on MemeStreams referencing the following web page: P/Es & Yields on Major Indexes - Markets Data Center - WSJ.com. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

P/Es & Yields on Major Indexes - Markets Data Center - WSJ.com
by Decius at 5:39 pm EST, Mar 2, 2009
                     Trailing P/E   Year Ago   Forward                
Dow Industrial 	        22.43 	      51.57 	10.81 
S&P 500 	        13.66 	      19.63 	11.90

This link is extremely useful. DJIA still looks expensive by this measure! I don't understand why Forward P/Es would be down. Does that assume earnings growth? We're in a contraction, so I don't know how reliable that is.


 
 
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