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by krschultz
5870 days ago
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You are missing the point, GS is a horrible example to compare to anything but other financials right now. We have upheaval in the financial market around the world along with new regulations coming down a year after they were basically bankrupt and had to be bailed out by the government. What about that is established, limited growth prospects etc. There are plenty of other large cap companies to compare MS to that are far more applicable, look at Proctor and Gamble's P/E is 16.06. Colgate Palmolive's is 19, IBM's is 12. Those are more comparable/normal. |
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So you're going to provide another poster's "point"? Their point was that they were two different industries, which is entirely fair. Your point is something entirely different altogether, yet you're speaking on their behalf.
P/E is often a farcical metric, yet you know I'm not the one who brought P/E into the discussion, yet here we are.