Look at the entire markets PE ratios. The entire market is overvalued in USD. It's not right or fair to poor people who don't own sticks for the market to inflate itself to all of the bubbles we have now. Companies are banking on 20-100x annual earnings ?? What kind of ridiculou
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Here's one. Planet Fitness. Price to earnings ratio over 1k. Wtf?!?!?! Why ???? Planet Fitness have some amazing new software I'm unaware of ? They're going to pick people up and get them to gyms in self driving vehicles ?? Why this valuation ?? Seems like it's pumped up high
End of conversation
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https://www.marketbeat.com/market-data/high-pe-stocks/ … P/E ratios over 100 ?? The only ones that make sense being in the 90s are alexander and baldwin bc of their land holdings and Tesla bc of their IP and EVs. All of the others ?? Ethan Allen ???? Huh ???? It's not even a tech company.
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I wish Fox wasn't on the Nasdaq myself.
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