As a post-mortem on these stocks, below is a chart of the price to sales multiples that they hit at their highest levels. For comparison I included the peak price to sales multiples of five stocks that had similar sentiment (judged subjectively) at the 07 peak and five from the dot com era. Also included are the current multiples of six growth stocks that haven't slowed since 2009.
No comments:
Post a Comment
For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.