During periods of stock-market weakness, price-to-earnings ratios eventually fall below their averages, sometimes into the high single digits, as they did during the last long-running bear market.

在股市疲软时期，市盈率最终会下跌至平均水平以下，有时会跌到7至9倍的水平，在上一次长期熊市期间就是如此。

youdao

During periods of stock-market weakness, price-to-earnings ratios eventually fall below their averages, sometimes into the high single digits, as they did during the last long-running bear market.

在股市疲软时期，市盈率最终会下跌至平均水平以下，有时会跌到7至9倍的水平，在上一次长期熊市期间就是如此。

youdao