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A $1.35 billion valuation compared to $1 million / week in profit is a P/E ratio of 26. For a consumer web company that's still growing, that is a very cheap pr
by byrneseyeview 17y ago
A $1.35 billion valuation compared to $1 million / week in profit is a P/E ratio of 26. For a consumer web company that's still growing, that is a very cheap price. For contrast, Google lists over a thousand public companies that have higher market caps and higher P/E ratios--300+ grow at less than 10% per year.