What's with the insults?
Ghost of Igloi wrote:
OK, a better fudged number would be 2,370 / 112 = 21.
Fudged is right.
P/E is the ratio of price to earnings. For sake of argument, let's assume your 112 number is the correct average earnings number. But what about that 2370? It looks like you're using the S&P 500 index number there. That is obviously NOT the average price number.
There is no average price number you numbskull. I gave you the data straight from the record keeper at Dow Jone S&P. You are 1) trolling with the same idiotic metric you tried to use before, or 2) truly a demented person that can't put 2 and 2 together, or perhaps 3) both 1 and 2.