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Remember when V was traiding around $50? The P/E was like 80. Then V had it's quarterly earnings and it's price whent to $60 but the P/E droped to 35. Now after V last earnings it's trading around $75 but the P/E is 25?! So where are all those V P/E is to high people? And will the P/E keep dropping after each blow out quarter. How high can the price go or how low can the P/E go? I wounder what the P/E will be when V is @ $100... 15?
Sentiment : Hold Rating :
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