15 years after Nasdaq's peak: Look how it's changed

Fifteen years ago, on March 10, 2000, the Nasdaq stock market index peaked at 5,132.52 during the trading session before closing that day at 5,048.62. The date marked the end of what has come to be known as the Internet Bubble, wiping out billions of dollars of investment wealth and helping to usher in a mild recession.
Since then, the economy has suffered a much more severe recession followed by a sluggish recovery that has fueled a broad stock market rally. Earlier this month, the Nasdaq index once again breached the 5000 mark, but stopped just shy of a new peak. Some market watchers have wondered aloud whether another market bubble was forming.
But a closer look at the 100 largest companies in the index could allay some of those fears. Unlike the “tech-heavy” Nasdaq of 2000 – larded with companies leading the Internet Gold Rush – the Nasdaq 100 of 2015 is a much more diverse group. It is also far more profitable. While the median stock price of a Nasdaq company traded at a dizzying 71 times earnings at the peak in 2000, today the median multiple is a more tame 24 times earnings.
Here’s a closer look at the top 100 companies in the index, then and now.