P.E. of 105 is fine, as long as they can 1) Grow at a crazy rate (which I doubt they can) 2) Increase their revenue with the existing userbase (which they can

P.E. of 105 is fine, as long as they can 1) Grow at a crazy rate (which I doubt they can) 2) Increase their revenue with the existing userbase (which they can do, but not at 5X) They can also reduce their spending, but that alone will not take them to a reasonable P/E. Basically, their valuation should be at 15-20 billion, at best.