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Average P/E ratio of the four new Dow additions–Home Depot, Intel, Microsoft, and SBC Communications. That’s about twice the Dow’s overall P/E; the S&P 500’s is 31.8.
Average P/E ratio of the four new Dow additions–Home Depot, Intel, Microsoft, and SBC Communications. That’s about twice the Dow’s overall P/E; the S&P 500’s is 31.8.