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That's a P/E ratio of 533 for those interested https://www.gurufocus.com/term/pettm/TSLA/PE-Ratiottm/Tesla#:~:text=Tesla's%20Earnings%20per%20Share%20(Diluted,R
by wavesounds 5y ago
That's a P/E ratio of 533 for those interested https://www.gurufocus.com/term/pettm/TSLA/PE-Ratiottm/Tesla#:~:text=Tesla's%20Earnings%20per%20Share%20(Diluted,Ratio%20for%20today%20is%20473.79 https://www.gurufocus.com/term/pettm/TSLA/PE-Ratiottm/Tesla#....
- epgui 5y agoYep, and in just one quarter that'll be a PE of ~300. PE ratios change really fast when growth is fast.
- bryanlarsen 5y agoIt's 154 if their earnings stay constant for the next 3 quarters. If price stays constant and analysts are accurate, P/E will drop under 100 next year. The P/E was 3000 at the beginning of the year. Tesla's price isn't reasonable yet, but it's getting there fairly quickly.