Is Apple stock overvalued?

[Southie]

Re: Is Apple stock overvalued?

@arshad5

well it is currently trading at prospective p/e of just over 10, which does not seem very high for a stock that is expected to increase its earnings by by about 15-20% in the next financial year, and will have cash approaching $200 billions.

It is now down 38% from its high of 705. And down about 30% since you first got behind it. At the same time the s&p500 is up about 10%. That is a 40% underprrformance in about 4 months.

earnings cannot grow 15 to 20% from a large base.