In the late 1990s, P/E ratios were high by historical standards. The P/E ratio for the S&P

Question:

In the late 1990s, P/E ratios were high by historical standards. The P/E ratio for the S&P 500 was as high as 33 in 1999. In the 1970s it was 8.What do you think would be a "normal" P/E ratio-that is, where multiples higher than normal could be called "high" and multiples less than normal could be called "low"?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...