Cryptocurrency Q&A Is high PE overvalued?

Is high PE overvalued?

KimchiQueenCharm KimchiQueenCharm Sat Oct 19 2024 | 7 answers 929
I'm wondering if a high PE ratio indicates that a stock is overvalued. I know PE stands for price-to-earnings, but I'm not sure how to interpret a high value in this context. Is high PE overvalued?

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