Sentences with phrase «excessive valuation premiums»

But in the late 90s, when small technology companies with excessive valuation premiums displaced big businesses from the large - cap universe, investors who thought large caps were low risk got a double whammy — large - cap stocks» earnings and P / E multiples both declined sharply.

Not exact matches

Valuations are not excessive, so there should not be a major selloff, unless premium rates soften dramatically.