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Comparing current PE to mean PE can allow you to see if Morgan Stanley may be undervalued based on PE ratio.
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* Total of 1008 data points since 09/04/2005.
** From 09/04/2005 we changed 8 data points that were under -50 PE to -50 and 44 data points that were over 100 to 100. This helps smooth edge cases where companies had extreme PE ratios during certain periods. Removing these data points completely caused new issues with certain companies.