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True, a better way to ascertain value is by factoring in the profits, which is why you have the P/E ratios. However, it is not uncommon to use revenues to calcu
by ankitoberoi 13y ago
True, a better way to ascertain value is by factoring in the profits, which is why you have the P/E ratios. However, it is not uncommon to use revenues to calculate value as well.
It is also important to note that they are not making $1B yet, but have just hit a run-rate of $1B. Having $250M in cash is a different thing.