08-15-2015, 12:38 AM
(08-14-2015, 08:25 PM)Roadmap2Retire Wrote: Really enjoyed reading the article, Eric. Thanks for sharing.
One comment/feedback on the article - any particular reason why the 12yr FAST Graphs was chosen? FAST Graphs changes the Normal PE value based on teh time frame chosen (takes the average?)...not to say that theres anything wrong with 12y graph - but why not choose a rounded number like 5y or 10y?
Also, LMT has a 14-yr chart - which might be by mistake, but just wanted to nitpick since it changes the scale
I go with the 12 year FAST Graph because that actually shows the 10YR of historical information plus the current year and projected 2016 numbers. Don't know if you have FG, but if you look when showing a 12 year chart the start date for share price is 12-31-2004.
In the case of LMT, I went with 14 year over 12 year because that time frame bumped the normal PE from 13.5 to 14.8, which was closer to the 16 number I went with for my spreadsheet and it also marks the date from which LMT has been on its current dividend increase streak.