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AAPL's P/E ratio is like 30 at the moment. The average for the S&P 500 is 20 and AAPL's isn't much higher than the rest of the industry. TSLA's P/E ratio is 53
by giantrobot 5y ago
AAPL's P/E ratio is like 30 at the moment. The average for the S&P 500 is 20 and AAPL's isn't much higher than the rest of the industry.
TSLA's P/E ratio is 533. It's far beyond its segment and the irrational exuberance of the tech industry.