Even after this run up, Qualcomm trades at a Forward PE (fye Sep 2013) of 16.46.

FORBES: Qualcomm Stock Hits New 52-Week High

Its forward PE ratio is 10.5, at a time when its shares are trading around a 52-week high.

FORBES: The Bull Case For Ford Stock

Qualcomm trades at a Forward PE (fye Sep 2013) of 14.57.

FORBES: Did Qualcomm Solve the Problem?

That means the 20.17 forward PE presented in Table 2 is legitimate.

FORBES: Cutting Through The Apple Noise

Apple is trading at a forward (Sept 2013) PE of 12.15, while Microsoft is trading at a forward PE of 8.98 (Jun 30, 2014).

FORBES: Is it Time to Sell Apple and Buy Microsoft?

At a forward PE of 11.6 and an expected dividend yield of 1.9%, these shares are poised for strong total returns over the next 3-5 years.

FORBES: Head To Canada For Bargains In Fertilizer And Energy

Trailing twelve months PE of 39x is well above the industry average of 12x, but forward PE of 11x shows WNC trading at a discount to the industry average of 14x.

FORBES: Take The Wabash And Truck To New Highs

Carnival trades at a forward PE multiple4 of 16, with a forecast long-term growth rate of around 16% per year.5 This is an attractive trade off, in my opinion, particularly given the great dynamics of an industry riding the powerful, long-term currents of mass affluence and aging.

FORBES: Why Carnival Corp. May Be On Course For Smooth Sailing