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That's not what it means. Look into P/E ratios (especially when they're calculated by dividing market cap by annual earnings). A P/E of 10-17 is normal. You're
by sorbus 15y ago
That's not what it means. Look into P/E ratios (especially when they're calculated by dividing market cap by annual earnings). A P/E of 10-17 is normal.
You're assuming that market cap is based on yearly earnings, which is simply wrong.