This is a tutorial on how to use Price multiples. Portfolio managers will use basic valuation heuristics like price to sales or price to earnings to help time their blue-chip stock purchases/sales. So you will often find support/resistance in the historical price-multiple chart.
Apple looks very overvalued here from this recent run up to a 1.16T market cap. What strikes me the most is the 20+ Price/Earnings. The market is baking in a lot of EPS growth via share buybacks, 5-G, iPhone 11, and services business... but with so much premium built-in, any underlying risk in the assumed growth trajectory could trigger a sell off.
Apple looks very overvalued here from this recent run up to a 1.16T market cap. What strikes me the most is the 20+ Price/Earnings. The market is baking in a lot of EPS growth via share buybacks, 5-G, iPhone 11, and services business... but with so much premium built-in, any underlying risk in the assumed growth trajectory could trigger a sell off.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.