4 ms·
P/E is still relevant, but you also got to consider future growth. Would you rather buy a 20 P/E company that is growing by 1% a year; or would you rather buy
by dannyw 6y ago
P/E is still relevant, but you also got to consider future growth.
Would you rather buy a 20 P/E company that is growing by 1% a year; or would you rather buy a 200 P/E company that is growing by 30% a year?
- loxs 6y agoI absolutely search and buy the former... there is only so much growth Tesla can realistically sustain... and currently it's "not any more". Same for all of the Big Tech. Give me Rio Tinto and I buy it any day.
- alltakendamned 6y agoFuture growth will already be mostly priced in if you buy it at 200 P/E