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but it's not really earnings is it? that's 20x revenue, so even with really good margins that would be at least double. You're right that amazon's P/E is insane
by vikramhaer 14y ago
but it's not really earnings is it? that's 20x revenue, so even with really good margins that would be at least double. You're right that amazon's P/E is insanely high, but on a revenue basis they trade at 1.5-2.0x. I guess with the kind of growth AirBnB has there's nothing really comparable... just trying to understand how they're justifying that valuation