HomePerspectives Perspectives Midday Factoid By Ilene February 6, 2009 0 75 FacebookTwitterPinterestWhatsApp Might make you think. Midday Factoid: Market About to Hit 22x Forward P/E Courtesy of Tyler Durden at Zero Hedge The S&P will likely hit 880 today. Based on a conservative 2009 S&P earnings projection of 40, this implies a 22x forward multiple, which is a realistic 80% premium to the past 130 years’ historical average of 12x. Just saying. Share FacebookTwitterPinterestWhatsApp Subscribe Login Notify of new follow-up comments new replies to my comments Please login to comment 0 Comments Inline Feedbacks View all comments Stay Connected157,308FansLike396,312FollowersFollow2,290SubscribersSubscribe Latest Articles Markets The Chips Act is rebuilding US semiconductor manufacturing, so far resulting in $327 billion in announced projects Markets Israel and Iran Avoid War…For Now Health & Healthcare We looked at genetic clues to depression in more than 14,000 people. What we found may surprise you AI WARNING: ChatGPT Could Be The Start Of The End! Sam Harris AI ‘Inspired by the human brain’: Intel debuts neuromorphic system that aims to mimic grey matter with a clear aim… Load more