3 ms·
> Unless you mean that the share price may appreciate. this has already happened because the P/E is high! Betting that it will continue to grow in price (aka,
by chii 2y ago
> Unless you mean that the share price may appreciate.
this has already happened because the P/E is high! Betting that it will continue to grow in price (aka, reach an even higher P/E) is risky.
- nightski 2y agoOr it means that earnings are lagging the price increase. They just announced a 629% increase in earnings from a year ago (461% non-gaap) and it seems to be accelerating.