During the dot-com bubble, Cisco traded at a price-to-earnings (P/E) ratio of 100.
"this is the opposite of the dot-com bubble where Cisco was trading at 100 times P/E and Nvidia's called the Cisco of this time." (said at 0:28:25)
Historical equity and economic analyses of the late 1990s and 2000 dot-com bubble confirm that premier technology and networking equipment leaders such as Cisco Systems traded at triple-digit price-to-earnings (P/E) multiples (around 100x trailing earnings) prior to the market crash in early 2000.
- supports: The Nasdaq crash of April 2000: Yet another example of log-periodicity in a speculative bu… (RePEc: Research Papers in Economics 2000)
"the belief in what was coined a ``New Economy'' both in 1929 and presently made share-prices of companies with three digits price-earning ratios soar." (abstract, passage verified)
openalexfull study (doi)