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Well 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. A
by specialp 9y ago
Well 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.