{"id":460,"date":"2014-02-27T22:32:33","date_gmt":"2014-02-28T03:32:33","guid":{"rendered":"https:\/\/envisionco.net\/?p=460"},"modified":"2014-02-27T22:32:33","modified_gmt":"2014-02-28T03:32:33","slug":"stock-multiples-have-room-to-expand","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=460","title":{"rendered":"Stock multiples have room to expand"},"content":{"rendered":"<p>Now here is an argument that the p\/e ratio still has room to expand. A Bloomberg \/ Guggenheim chart shows that the average trailing p\/e when inflation is between 0% and 2% is 19.6. Currently, that ratio is 17x, and if you go out 1 standard deviation you get to 24x.<\/p>\n<p><a href=\"https:\/\/envisionco.net\/wp-content\/uploads\/2014\/02\/historical-pe-ratio-in-different-inflation-environments.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-459\" alt=\"historical pe ratio in different inflation environments\" src=\"https:\/\/envisionco.net\/wp-content\/uploads\/2014\/02\/historical-pe-ratio-in-different-inflation-environments-300x194.png\" width=\"300\" height=\"194\" srcset=\"https:\/\/envisionco.net\/wp-content\/uploads\/2014\/02\/historical-pe-ratio-in-different-inflation-environments-300x194.png 300w, https:\/\/envisionco.net\/wp-content\/uploads\/2014\/02\/historical-pe-ratio-in-different-inflation-environments-462x300.png 462w, https:\/\/envisionco.net\/wp-content\/uploads\/2014\/02\/historical-pe-ratio-in-different-inflation-environments.png 642w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now here is an argument that the p\/e ratio still has room to expand. A Bloomberg \/ Guggenheim chart shows that the average trailing p\/e when inflation is between 0% and 2% is 19.6. Currently, that ratio is 17x, and &hellip; <a href=\"https:\/\/envisionco.net\/?p=460\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-460","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=460"}],"version-history":[{"count":1,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/460\/revisions"}],"predecessor-version":[{"id":461,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/460\/revisions\/461"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}