3 ms·
More than a decade ago, I recall Amazon having a P/E of -1400 or something (earnings weee negative).
by 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 agoAmazon 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 agoTesla 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.