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What was the PE of the stock market before and after the stock market crash of 1929?

water_skipper asked:


What was the PE of the stock market before and after the stock market crash of 1929? What I’m really wondering, was that stock market really a “bubble” crashing?

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This entry was posted on Tuesday, September 2nd, 2008 at 8:53 am and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “What was the PE of the stock market before and after the stock market crash of 1929?”

  1. npm Says:
    September 3rd, 2008 at 1:24 am

    No, the P/E ratio didn’t really collapse – but profits collapsed as well. See for historical data.