Consider this: at 19x, the multiple is as high as it has been in the past 50 years, with the exception of the tech bubble and the post-COVID rally.
https://www.zerohedge.com/markets/goldman-surge-pe-multiples-suggests-all-good-news-priced
https://www.zerohedge.com/markets/goldman-surge-pe-multiples-suggests-all-good-news-priced
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