(s and p 500) reached 16.62 p/e, on bottoms up eps estimates for 2014 of $119.37 @ 1985
page 19 of 25
14.3 p/e is the average, so 16.62 is 16% above normal p/e
16.62 is 16% above normal p/e
did any of you top callers add this figure in—someone must have at the big houses, otherwise the market wouldn’t have climbed this high.
In aggregate, they are calling for 11.7% growth in EPS (s and p 500)
over the next four quarters (Q314 – Q215),
119.37 2014 spy bottoms up eps, times historical p/e of 14.3, gives a 1706.99 figure…
any price above 1706.99, is un-naturally high!