PE at a Historic Low! Would You Bottom Nvidia at $80?
Nvidia was down 33% from its high of $153.13. However, the last time Nvidia peaked at $346 (pre-split) in 2021, it declined 68% to $108 before bottoming out.
Its PE and Forward PE both dip to a record low of 30 and 20.
Now, with voices emerging that the semiconductor bull run is over, is the current correction far from enough?
Its historic low of forward pe is 18 in 2025. If Nvidia further falls to $83, its forward pe will surpass the level in 2015.
Would you bottom Nvidia at $80 or DCA now as it at a historic low level?