MAGS: You're Now Paying 77x Earnings For The Magnificent 7

Core Insights - The Roundhill Magnificent Seven ETF (MAGS) is currently trading at a price-to-earnings (PE) ratio of 77x, which is significantly higher than the reported PE ratio of 39x when considering record capital expenditure figures [1]. Group 1 - The reported PE ratio of MAGS is 39x, but the effective PE ratio, when accounting for capital expenditures, is much higher at 77x [1]. - The article highlights the potential discrepancy between reported earnings and actual market valuations due to high capital expenditures [1].