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The S&P 500’s price-to-sales ratio no longer signals what it once did, because today’s companies earn higher margins.

Drawn from what Nick Maggiulli said

What this subject means

stock market Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.

A private bookmark. Not a position, and never counted.

What Nick Maggiulli actually said

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  1. Nick Maggiulli

    Writer of the personal-finance blog Of Dollars And Data…

    Therefore, the only correct interpretation of the P/S ratio over the last decade is that it doesn’t signal what it used to.

Added to korrents 25 Aug 2026 · How quotes work · Something wrong? Tell us

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