With ~745MM outstanding GOOG shares, I'll gladly take the 20x P/E ratio over the other _overvalued_ FAANG letters. I understand if YouTube spins off they might

With ~745MM outstanding GOOG shares, I'll gladly take the 20x P/E ratio over the other _overvalued_ FAANG letters. I understand if YouTube spins off they might have comparatively lesser shares, but it's an interesting thought experiment. Only time will tell.