3 ms·
Somewhere between $8 and $12 if you're a value investor.
by jquery 14y ago
Somewhere between $8 and $12 if you're a value investor.
- Retric 14y agoUmm, at 6$ a share I would call it expense at 15P/E, but probably worth it. At 12$ and a 30P/E your expecting 4x+ earnings within 5 years and continuing growth after that or it's not worth it and IMO I just down't see FB getting there. PS: It takes 32% annual growth for 5 years to be worth 4x in five years. FB is not expecting 32% growth next year and large companies rarely see sustained double digit growth let alone increasing sustained double digit growth. Now you can make the greater fool argument, but that's not value investing and FB has been on the market for a while even if it was not a 'publicly' traded company.