High P/E ratio to be checked for a tech bubble...
Normal industry P/E's ratio are between 15-30 in tech but we then to see even larger P/E not in big firms but on mid-cap and small cap firm can top up to 400 and rank on average around 100. Ex: JDSU, BIDU and OPEN. These are major signs of overvalued stocks especially with billion dollar company
0 comments
—