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No, not really. A high PE ratio just means investors are expecting the company to grow. I probably wouldn't buy TSLA, but 25 isn't some magic number which means
by robjan 6y ago
No, not really. A high PE ratio just means investors are expecting the company to grow. I probably wouldn't buy TSLA, but 25 isn't some magic number which means the stock is overpriced otherwise people who "know what they are doing" would short anything with a PE ratio higher than 25.