### Comment:
you can't compare P/E of stocks to yield of bonds. Those are different asset classes. You can count on the gov to pay the coupon in 10 years, whatever the yield is you bought them at. You can't say the same for a company and their future earnings.

### REPLY:
&gt; you can't compare P/E of stocks to yield of bonds 
  
 you *kind of* can... in the same sense that you can look at general risk adjusted returns across different asset classes.

### END.