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https://finance.yahoo.com/quote/amzn/ https://finance.yahoo.com/quote/amzn/ Not new territory at all. P/E is not a good indicator of future earnings, because i
by aoeusnth1 9y ago
https://finance.yahoo.com/quote/amzn/ https://finance.yahoo.com/quote/amzn/
Not new territory at all. P/E is not a good indicator of future earnings, because it artificially penalizes capital investments. Cost of revenue is a better metric.