> Netflix at a 74% discount The missing piece of data is that Netflix was massively overvalued before, and that now they've just jumped down to a very normal p

> Netflix at a 74% discount The missing piece of data is that Netflix was massively overvalued before, and that now they've just jumped down to a very normal price to earnings ratio. Just for comparison: NFLX P/E: 15.49 AAPL P/E: 14.12 MSFT P/E: 9.33 GOOG P/E: 21.26 AMZN P/E: 101.21 Amazon and Netflix were the two before which completely stratospheric prices, and now Netflix has come back down to earth. From what I've read, lots of hedge funds were shorting Netflix since they figured this had to happen eventually.