Hum... I've been out of stocks for a long while...
Is a price to sales ratio of 100 anything near normal nowadays?
EDIT: Wow, that was easy to find out. Turns out that didn't explode with the everything bubble, and almost no industry in the S&P 500 has an average above 5, the highest being a bit over 8.
Is a price to sales ratio of 100 anything near normal nowadays?
EDIT: Wow, that was easy to find out. Turns out that didn't explode with the everything bubble, and almost no industry in the S&P 500 has an average above 5, the highest being a bit over 8.