If the Bear Lurks, High P/E Stocks Are the Dreaded "Phone Ringers"
February 15, 2020 at 18:51 PM EST
The amount by which high P/E stocks have outperformed low P/E stocks in the last 10 years exceeds that during the dot-com bubble. But after that, the quintile of stocks with the lowest P/E beat the quintile with the highest P/E by 13% per year.