Daily Archives: July 21, 2025

Grantham: don’t be conned by those selling shovels in the gold rush

Posted on July 21, 2025 by Danielle Park

The Next Twelve Months Price-to-Earnings ratio (NTM P/E, shown below courtesy of ISABELNET) is one of the historically relevant forward-looking valuation metrics that compares a company’s current share price to its projected earnings over the next 12 months. Today’s sky-high … Continue reading →

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