7 ms·

Didn't Amazon and Tesla had historic P/E ratios above 700?

• giancarlostoro 1y ago
  Could be worse, you could have P/E infinity (I never even heard of this lol). https://finance.yahoo.com/quote/PI/ https://finance.yahoo.com/quote/PI/
  • baal80spam 1y ago
    Hahaha, that's hilarious. I'm buying!
    • giancarlostoro 1y ago
      I'm not even sure how to interpret it, let me know how that works out for ya I did wind up scratching my head over it.
  • deleted 1y ago
    [deleted]
• AnonHP 1y ago
  More than a decade ago, I recall Amazon having a P/E of -1400 or something (earnings weee negative).
  • burnt-resistor 1y ago
    Amazon has the exceptionalism syndrome whereby they trade short-term dividends and profits for reinvestment into expansion that they claim they can dial up and down to ensure minimum profitability with maximum growth. They want to be a real Tyrell Corporation, but they might discover the same fate instead.
  • TheAlchemist 1y ago
    Tesla yes (it's still crazy high, getting close to Palantir), Amazon case was different. Amazon maintained its earnings very low for a very long time, since it was using all the money to strenghten the business, build AWS and kill the competition.
• renniehaylock 1y ago
  Had the same thought, but look at Price to Sales (Revenue) ratio. Huge difference between Palantir and both Tesla/Amazon at their respective peak P/E ratio. If you're betting on growth, then P/S ratio is a really useful metric and even by that standard PLTR is way overvalued. Peak P/S Ratios: PLTR (150 now): https://www.macrotrends.net/stocks/charts/PLTR/palantir-technologies/price-sales https://www.macrotrends.net/stocks/charts/PLTR/palantir-tech... TSLA (23, in 2020): https://macrotrends.net/stocks/charts/TSLA/tesla/price-sales https://macrotrends.net/stocks/charts/TSLA/tesla/price-sales AMZN (4, in 2018): https://macrotrends.net/stocks/charts/AMZN/amazon/price-sales https://macrotrends.net/stocks/charts/AMZN/amazon/price-sale...