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High price-to-earnings multiples do not deter them.
Q. Are the stocks trading at historically high price-to-earnings multiples?
Before this year, large-cap stocks with high price-to-earnings multiples led the bull market.
You would think stocks with a high price-to-earnings multiple would be impacted.
Historically, strategists note, high price-to-earnings ratios don't prompt sell-offs themselves.
Tech companies tend to have high price-to-earnings ratios as investors believe in future profits.
We chose banks that still have fairly high price-to-book ratio.
In addition to Honolulu and San Francisco, New York and other California metros have relatively high price-to-rent ratios.
A high price to pay, perhaps.
"It was a pretty high price to pay," Jerry Bomar said.
This does not seem like a high price to pay.
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