Are we living a new dotcom bubble?

Baidu.com P/E: 192.59

Google P/E: 51.80

Yahoo P/E: 55.41

An these are large companies, the smaller ones have even worst P/E ratios.

 

These P/Es are ok as long as E grows

 

P/Es are HIGH for a reason...

 

If we are, you won't know until it's already over.

 

During the dotcom bubble we had P/E's in the thousands. So, no I don't see a sign of a bubble.

 

Markets don't care about statistics like this. Statistics were created by emotionless scientists to confuse people and themselves.