Q: Hi guys. I've been looking at Equitable Group (ETC). 2014 estimated earnings is $6.07 giving it a forward p/e of 6.09. 2013 estimated earnings is $5.49 giving it a p/e of 6.75.
Any idea what the historical p/e norm is for companies like ETC? Seems dirt cheap but with a div of less than 2% I'm guessing it can remain dirt cheap for long periods of time.
Any idea what the historical p/e norm is for companies like ETC? Seems dirt cheap but with a div of less than 2% I'm guessing it can remain dirt cheap for long periods of time.