Since the market conditions are down, I am considering on investing a little money in stocks, and holding them long-term.
I would like to see which stocks are 'on sale' and am looking at the P/E ratios to determine this. However, I don't know where I can find historical P/E ratios for a specific company.
For example, I see that AAPL is priced at $97.34 today with a P/E of 10.34...however, how do I know if this P/E is high or low in regards to it's historical average?