This 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 qu

This 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...