Bears keep complaining about "insane" valuations, let's look at FY PEs:
Semis:
Micron: 13x, 7x
AMD: 84x, 43x
Broadcom: 49x, 29x
TSMC: 23x, 19x
NVDA: 26x, 20x
Samsung: 6x, 5x
SK Hynix: 5x, 4x
Cisco: 32x, 28x
Sandisk: 25x, 8x
Big Tech:
Alphabet: 28x
Meta: 18x
Amazon: 32x, 27x
Tesla: 314x, 206x
SaaS:
Oracle: 33x, 30x
Atlassian: -153x, 122x
ServiceNow: 46x, 34x
SAP: 21x, 17x
WiseTech: 51x, 34x
Promedicus: 58x
TechOne: 56x, 47x
Staples:
Costco: 49x, 44x
Walmart: 45x, 40x
Wesfarmers: 29x, 26x
Banks:
MS: 16x, 15x
GS: 16x, 14x
Citi: 12x, 10x
BAC: 11x, 10x
CBA: 27x, 26x
Westpac: 18x, 17x
NAB: 18x, 15x
ANZ 15x, 14x