Another kind of expensive stocks

We often talk about expensive stocks like Tesla and Shopify: companies that earn 0,01$ per share and are sold for 1000$ a share. 

We speak much less about other expensive stocks: the ones that don't grow at all or don't grow a lot and are sold for what seems to me an expensive price.

When I think that some of my stocks are expensive, I think about the list below and I say to myself that growth has a price. Is it really expensive to pay 30 times earnings for a company that grow by 15% a year when some are sold for 20 times earnings and don't grow at all?

(Numbers below provided by Yahoo Finance).

General Electric (GE)

Forward PE: 30

Annual EPS growth last 5 years: -22%

Computer Modeling Group (CMG.TO)

Forward PE: 20

Annual EPS growth last 5 years: -9%

Procter and Gamble (PG)

Forward PE: 23

Annual EPS growth last 5 years: 4%

PepsiCo (PEP)

Forward PE: 23

Annual EPS growth last 5 years: 5%

Coke (KO)

Forward PE: 23

Annual EPS growth last 5 years: 2%

You want a blue chip? That's what you'll get. Something safe but dull and almost mediocre. 

Nothing to help you stop working before you're 70 years old.