What was the PE of the stock market before and after the stock market crash of 1929?
water_skipper asked:
What was the PE of the stock market before and after the stock market crash of 1929? What I’m really wondering, was that stock market really a “bubble” crashing?
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What was the PE of the stock market before and after the stock market crash of 1929? What I’m really wondering, was that stock market really a “bubble” crashing?
January 30th, 2009 at 3:25 am
No, the P/E ratio didn’t really collapse - but profits collapsed as well. See for historical data.