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Remember in P/E the E is earnings, not revenue. Their P/E is probably astronomical. The only thing that suggests P/E isn't an accurate indicator for them is mas
by phkahler 5y ago
Remember in P/E the E is earnings, not revenue. Their P/E is probably astronomical. The only thing that suggests P/E isn't an accurate indicator for them is massive growth. Nobody can really say what E will be when the growth slows or stops. Nor do we know when it will.
- boboche 5y agoExactly, wall street is following guidance or lower while they are striving to exceed that by a lot, and are succeeding extremely well so far, but being realistic and doing your own research vs. trusting online “sources” for confirmation biases was my point. Wow lots of passion you should see the points going up and down on this one ;).
- bryanlarsen 5y agoThe P/E for the latest quarter is about 100. At that valuation, growth only has to keep up for a year or two to hit a reasonable P/E. If you think growth will continue for longer, the stock is cheap.