Nikkei 225 falls more than 5%, hovering near bear market territory, as Asia-Pacific sell-off continues

CNBC ^ | 8/4/2024 | By Lim Hui Jie

[TexasGator]

“Many, if not most, of the corporate stocks are trading with a PE in the 60s. “

—————————hmmm-——————————

S&P 500: 24

Dow 30: 24

Dow Transportation: 16

Russell 2000: 29

Nasdaq 100: 31

[JoSixChip]

Just for starters.

AVGO 61.87
NVDA 62.75
AMD 159.66

Your life would be better if you weren’t a moron. Just sayin.

[TexasGator]

LOL! These stocks have high growth rates.

NVDA year ago quarter: $0.25 / share

Forecast this quarter: $.59 / share

They keep beating forecasts. At the present price there 2025 P/E would be 30.

[TexasGator]

“Just for starters.”

You said most. I gave you data for most. You cherry-picked three stocks that have super growth rates.

[TexasGator]

“NVDA 62.75”

With the stock at 105 and they just meet forecast for this quarter their P/E would be 44.

They usually beat. At 105 that would be in the 30’s.

[TexasGator]

“AMD 159.66”

ROTFLMAO! “Your life would be better if you weren’t a moron. Just sayin.”

They reported earnings last week. $0.69. That is a 46 P/E.

[TexasGator]

“AVGO 61.87”

LOL!

AVGO is $146

Latest quarter: $1.10

146 / 1.10 / 4 = 33.

“Your life would be better if you weren’t a moron. Just sayin.”

LOL! Look in the mirror. Just sayin.

[TexasGator]

“Many, if not most, of the corporate stocks are trading with a PE in the 60s. That can’t be maintained, I see a correction into the teens where it should be. At least that is where I positioned myself. We’ll see.”

S&P 500 forward P/E: 22

Russell 2000 forward P/E: 18

[JoSixChip]

AVGO

Market cap
661.37B
P/E ratio
61.87x

Just split 10 for 1

It’s not hard. Well, unless you are a moron.

[TexasGator]

“AVGO

Market cap
661.37B
P/E ratio
61.87x”

-—————Now the REAL Verifiable Numbers!—————

AVGO is $146

Latest quarter: $1.10

146 / 1.10 / 4 = 33.

[TexasGator]

““AVGO ... P/E ratio 61.87x”

——————Diluted PE = 6 -——————

Is EPS or Diluted EPS Better?
Earnings per share (EPS) is an important metric for understanding a firm’s profitability. Because many companies have additional shares in reserve in the form of equity compensation, employee stock options, or convertible securities, diluted EPS provides a more comprehensive view of potential per-share profitability.

https://www.investopedia.com/ask/answers/051115/what-difference-between-earnings-share-eps-and-diluted-eps.asp#:~:text=Earnings%20per%20share%20%28EPS%29%20and%20diluted%20EPS%20are,which%20are%20changed%20into%20equity%20or%20common%20stock.

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