4 ms·
Any idea why the stock price is 4x from 2009? Does the company own other significant assets aside from the marketplace?
by philfrasty 9y ago
Any idea why the stock price is 4x from 2009? Does the company own other significant assets aside from the marketplace?
- specialp 9y agoWell the entire market is up over 3x since 2009. Also Ebay does indeed make a lot of money. The current P/E ratio is 5.6 which actually makes it a good value. Amazon is starting to struggle with the issue of fake or defective goods that hurt Ebay as well.
- yequalsx 9y agoThe P/E ratio being low does not imply it is a good value. Indeed, the most reasonable assumption would be that the market does not think highly of its future prospects.
- jlgaddis 9y agoI wondered about this too so I RTFA and now I know!