Stocks Are Still Expensive by This Standard -- WSJ
Dow Jones04-11
By Heather Gillers
Wall Street often uses the ratio of a company's share price to its projected earnings over the next 12 months as a barometer of whether the stock is pricey or cheap. Investors might be fretting about war, spooked by oil prices, and bummed over the dwindling possibility of rate cuts. But that P/E metric-while down from its recent peak-remains well above its 20-year average, as measured by FactSet and Dow Jones Market Data.
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(END) Dow Jones Newswires
April 10, 2026 12:15 ET (16:15 GMT)
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