Should we fear
the lofty valuation multiples, or should we fear the CAPE ratio itself, because of its notorious unreliability in picking market peaks and troughs?
However, that assumes everything goes well and the stock's
lofty valuation multiple remains steady, which is far from a guarantee.
Not exact matches
Put another way, using the reciprocal of these numbers, growth has commanded anywhere from a
lofty 12 times to a mere 3 times the
valuation multiple of value.