Price-to-earnings ratios, a popular measure of how expensive stocks are by historical standards, have surpassed lows seen in recent recessions. But that’s no guarantee they won’t sink further.
MarketWatch.com - Top Stories, MarketWatch
Fri, 03/06/2009 - 3:00pm
Price-to-earnings ratios, a popular measure of how expensive stocks are by historical standards, have surpassed lows seen in recent recessions. But that’s no guarantee they won’t sink further.