[Presbyterian Reporter]

“””No, the forward S&P earnings ratio is 18x, above the 14.5x average but nothing remotely close to 70”””

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I was referring to the TRAILING TWELVE MONTHS p/e ratio.

TTM is above 70 and for decades the TTM was under 20.

[rb22982]

It’s at 21x trailing. You might be thinking of a few quarters ago when there were huge write offs during the first year of the pandemic. No one cares about one time write offs anyway