4 ms·
A P/E ratio of 13 seems tiny. I remember when AMZN was over 1000.
by tuesdayrain 8y ago
A P/E ratio of 13 seems tiny. I remember when AMZN was over 1000.
- scottlocklin 7y agoYeah, I remember too: that was when they had giant opportunities for growth. Lower P/E means lower opportunity for growth. Apple's growth prospects are fairly low on the current trajectory of the company. They were also fairly low when it was 13, regardless of what the stock price did.