Indices PER update

I have talked about the indices PER just a few days ago, but with the quarterly reports published at the end of the week, we have reached another milestone:
The Dow Jones Industrials and the Russell 2000 have now negative EPS, which means that you cannot compute a PER for them...
At first I thought my numbers were wrong or that my spreadsheet was going postal, but the figures are confirmed by the WSJ (see screenshot below).

No comments: