Quote Originally Posted by winner69 View Post
PE ratios have a degree of relativity with in a sector

Be a boring world if there was a rule that all retail stocks shall have the same PE multiple

‘Best of breed’ seem to get rated highly …..RYM, MFT etc etc
Yeah that's fair to a point but then sometimes a best of breed stock gets priced so high for perfection relative to its peers it badly underperforms for years afterwards...RYM a perfect example of that in recent years.