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Hum... I've been out of stocks for a long while... Is a price to sales ratio of 100 anything near normal nowadays? EDIT: Wow, that was easy to find out. Turns
by marcosdumay 5mo ago
Hum... I've been out of stocks for a long while...
Is a price to sales ratio of 100 anything near normal nowadays?
EDIT: Wow, that was easy to find out. Turns out that didn't explode with the everything bubble, and almost no industry in the S&P 500 has an average above 5, the highest being a bit over 8.
- branko_d 5mo agoNo. Palantir, possibly the most overvalued company on the stock marker, has P/S 63 and P/E 144. Nvidia has P/S 21 and P/E 33.
- riffraff 5mo agoTesla has a P/E of 383, I think? Of course, it shares the same reality distortion field. https://finance.yahoo.com/quote/TSLA/ https://finance.yahoo.com/quote/TSLA/
- marcosdumay 5mo agoAnd a P/S of 15, according to that link. This 100 is really an outlier.
- marsten 5mo agoSecond-highest P/E is Tesla, currently at 97. Apart from Palantir and Tesla, the other big companies are trading at what would historically be considered reasonable P/Es given their growth rates and profitability. What's really changed in the last 20-30 years is the incredible profit generated by the tech industry, and the defensive moats the biggest companies have built.
- deleted 5mo ago[deleted]