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Amazon has benefited from high price/earning ratios for decades; even the growth-adjusted PEG version has been aggressive. Interesting comparison made by Horac
by jeffhwang 4y ago
Amazon has benefited from high price/earning ratios for decades; even the growth-adjusted PEG version has been aggressive.
Interesting comparison made by Horace Dediu: “Netflix, Apple and Microsoft all have similar P/E ratios. (25-26). Meta and Google have collapsed (9 and 18.5 respectively.) Amazon is holding 100.”
https://twitter.com/asymco/status/1587430613405110272?s=46&t=UDOsrAlu0pcFI6a9l4Iy4Q https://twitter.com/asymco/status/1587430613405110272?s=46&t...