What was the PE of the stock market before and after the stock market crash of 1929? « Stock Pride

What was the PE of the stock market before and after the stock market crash of 1929?

What was the PE of the stock market before and after the stock market crash of 1929? What I’m really wondering, was that stock market really a “bubble” crashing?

date

17 Jul

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One Response to “What was the PE of the stock market before and after the stock market crash of 1929?”

npm
5:00 pm on July 17th, 2010
No, the P/E ratio didn’t really collapse – but profits collapsed as well. See http://www.econ.yale.edu/~shiller/data/stock%20data%20annual%201871-2003.htm for historical data.