3 ms·
do you not fear P/E contraction?
by zackattack 16y ago
do you not fear P/E contraction?
- hop 16y agoAMZN's P/E of 65 is historically massive, especially when others like Apple are at 19. You flip 65 upside down to get .0154, or 1.54% if you want to compare it to a bond. Steep price to pay, market must expect them to quadruple or so profit in the near future.