PE has two sides.
Highe PE is generally considered only due to price increasing beyond logical limit.
But there is a denominator too. High PE is also due to temporary decrease in earnings due to many temporary reasons. So We first needs to find out if high PE is due to increase in price or due to decrease in earnings. And if its due to decrease in earnings, then we have to analyse if its temporary decrease or business model is crumbling. With this understanding, can you verify whether above High PE are pertaining to which reasons?
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