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That P/E is somewhat misleading, because it is heavily skewed by the loss they reported in September (interestingly, a big chunk of that loss can be blamed on a
by suresk 14y ago
That P/E is somewhat misleading, because it is heavily skewed by the loss they reported in September (interestingly, a big chunk of that loss can be blamed on a huge writedown of their investment in LivingSocial). Prior to that, their P/E was in the 200-300 range - still probably kind of high, but much more reasonable than the figure you quote.
- outside1234 14y agothere's nothing reasonable about a 200 PE unless you think their earnings are going to rebound significantly. think about it - that means that it would take 200 years of earnings to be worth their market cap (not factoring in uncertainty and all that)
- Tloewald 14y ago300 is still 10x reasonable.