(Exam question) The S&P 500 P/E is currently 30 while Apple inc. has a P/E of 37. Based on this information it can be concluded that Relative P/E is 1.23, and investors are more optimistic about Apple's prospects than overall market Relative P/E is 0.81, and investors are more optimistic about Apple's prospects than overall market Relative P/E is 1.23, and investors are less optimistic about Apple's prospects than overall market O Relative P/E is 0.81, and investors are less optimistic about Apple's prospects than overall market
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