The full Peloton monthly subscription is $40/mo and $20/mo for basic. The home bike starts at $2,250. They have 1.4 million members. With a market cap of $8.1B

The full Peloton monthly subscription is $40/mo and $20/mo for basic. The home bike starts at $2,250. They have 1.4 million members. With a market cap of $8.1B, they're worth about $5700/member. $5700 gets you a bike and over 14 years of basic membership. To me, it sounds like they needs more growth to sustain that valuation.