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A comment on Google Cuts Jobs in Engineering and Other Divisions. Parent comment
Google's PE is 25 today compared to the S&P of the 1990s 15 https://www.multpl.com/s-p-500-pe-ratio/table/by-year
That said in the 1990s the US had access to a huge new market (the USSR market), something that US companies don't have today.
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Google's PE is 25 today compared to the S&P of the 1990s 15 https://www.multpl.com/s-p-500-pe-ratio/table/by-year
That said in the 1990s the US had access to a huge new market (the USSR market), something that US companies don't have today.