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Tesla's PE ratio for 2020 is 627; it is forecast to quickly decline to a more reasonable 144 in 2022. https://www.nasdaq.com/market-activity/stocks/tsla/price-

• Retric 6y ago
  Stock prices are always based predicted returns over time. Their revenue growth for 2020 was 40%, 2019 14.52%, 2018 82.51%, and 2017 67.98%. So, you really need to predict when that stops before you can get a reasonable estimate for sock value. A more reasonable 144x in 2022 after 2 years of ~40% growth is the equivalent of ~282x today. That’s not exactly the huge drop people are expecting. In other words I do expect a drop, but I don’t expect short selling is a great risk adjusted investment.
  • manquer 6y ago
    That is also assuming the stock won't grow crazy in the next 2 years as well.
• ketamine__ 6y ago
  Yahoo Finance says PE ratio is 1200.