3 ms·
Unfair 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
by missedthecue 2y ago
Unfair 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.