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What is their trailing P/E and what is their forward P/E? Their trailing P/E has January 2023, where their earnings were 1.41 billion, and revenues were 6.05 b
by Ologn 3y ago
What is their trailing P/E and what is their forward P/E?
Their trailing P/E has January 2023, where their earnings were 1.41 billion, and revenues were 6.05 billion. Their last quarter earnings were 9.24 billion, and revenues were 18.12 billion. Their earnings last quarter were 50% more than, not their earnings in the first quarter, but their revenues in the first quarter.
- martinpw 3y agoThis is the right way to look at it. The P/E ratio of 90+ includes two quarters of relatively low profit before things really took off in the most recent two quarters. Annualizing the forecast earnings for the next quarter leads to a P/E of 38. Still high, but not outrageous: https://www.thestreet.com/memestocks/others/will-nvidia-stock-deliver-another-stellar-earnings-report https://www.thestreet.com/memestocks/others/will-nvidia-stoc...
- FredPret 3y agoWhat you're saying is equivalent to expecting the growth curve to continue for some time. Forward PE hasn't happened yet and might never happen. Corporate earnings projections are numbers that come out of somebody's Excel and is justified by looking reasonable to an expert. It's a lot better than nothing, but I'm not betting the farm on that.