USSTOCK.TODAY
Market Closed
Log in Sign up

S&P 500 Valuation Warning and Interactive Brokers Growth

The Motley Fool +1 ·

IBKR Interactive Brokers Group Inc
$85.36 +2.96%
View chart & analysis →
CAPE CAPE -0.56%
  1. 1The S&P 500 CAPE ratio reached 41, marking the second-highest valuation since 2000 when the S&P 500 fell 49% after the bubble burst.
  2. 2Interactive Brokers recorded 1.91 billion in revenue during the third quarter, a 15% increase compared to the same period last year.
  3. 3Interactive Brokers secured 5.58 million customer accounts at the end of the third quarter, achieving a 35% increase in Interactive Brokers customer accounts compared to the same period last year.

So what's the key point?

The metric used to see how expensive stock prices are relative to earnings has reached its second-highest level since 2000. Interactive Brokers saw revenue grow by 15% and also saw a large increase in customer accounts.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Interactive Brokers Announces Record Pre-tax Profit and Dividend Increase The Motley Fool +1 · 2d agoS&P 500 Index Hits Record High Amid Potential Market Correction The Motley Fool +1 · 6d agoInteractive Brokers Launches Ethereum Staking for Eligible Clients CryptoProwl +3 · Oct 14
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news