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Which is - excuse my French - fucking insane. The current PE ratio of 244 is pants on head ridiculous. That's 244 years worth of exceptionally high profit just
by Gareth321 3y ago
Which is - excuse my French - fucking insane. The current PE ratio of 244 is pants on head ridiculous. That's 244 years worth of exceptionally high profit just to break even. Your great great great great great great great great grandchildren could take over your shares at the same value as today and the company would still be overpriced. That's centuries worth of technological change and high volatility baked into the price. There is no way on Earth the company is worth anywhere near that. No one can impute that kind of extraordinary risk effectively. This is now officially a meme stock. Nvidia is proof positive we currently have an equities bubble. Not even Tesla was this overpriced, and they're still down 40% since their all time high.
- redox99 3y agoAlso Tesla a lot more room to grow in term of revenue (they're still a small % of cars solds) than nvidia (already dominates gaming and datacenter). I admit I'm biased in favor of Tesla however.
- Gareth321 3y agoNo I agree. Tesla still has a realistic path to fairly significant increase in revenue. I still think it's too high, but compared to Nvidia, it's downright reasonable.