July 15, 2010
What was the PE of the stock market before and after the stock market crash of 1929?
By Planet Wealth
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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One Response to “What was the PE of the stock market before and after the stock market crash of 1929?”
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July 15th, 2010 at 12:48 pm
No, the P/E ratio didn’t really collapse – but profits collapsed as well. See http://www.econ.yale.edu/~shiller/data/stock%20data%20annual%201871-2003.htm for historical data.