4 ms·
"When Ballmer became CEO in January 2000, Microsoft's stock was around $53. When he stepped down in February 2014, it was around $38." By that metric, no he wa
by devinegan 2y ago
"When Ballmer became CEO in January 2000, Microsoft's stock was around $53. When he stepped down in February 2014, it was around $38."
By that metric, no he wasn't underrated.
- deleted 2y ago[deleted]
- throw4950sh06 2y agoMsft had a stock split during that time.
- missedthecue 2y agoUnfair thing to measure him by in my opinion. Steve Ballmer inherited Microsoft when the stock traded at a P/E of 60. When he left it was 14, in line with many other tech stocks during that time. (Even Apple was lower) He took earnings per share from $0.70 to $2.63 during his tenure. A CAGR of 10.5% across 13 years in one of the world's biggest companies. He couldn't control multiple compression following the dotcom bust.