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by justin0469 4976 days ago
Fair enough :) Bad example with the Google share price and point taken with value / # of shares. You are correct with #3. I know Apple is worth is significantly higher than Google, I just think that gap will close (Google will raise, Apple will lower) over a long period of time - as in years. Could be totally wrong, it's just something I could see happening.
1 comments

No worries :). I've been playing with stocks lately so am aware of a lot of potential misconceptions [esp. around the raw share price, vs. market cap and P/E being indicators of value].

Apple very well could depreciate in value if their earnings slip. That would put its P/E in the bottom half of the S&P 500 (historically Apple's P/E has been around 15, it's around ~14 now).