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That's more or less the only way to justify an infinite P/E ratio.
by wdr1 12y ago
That's more or less the only way to justify an infinite P/E ratio.
- aceperry 12y agoWhich brings the question of: How does Amazon get away with not showing immediate and growing profits while other companies claim they need to do so.
- tonyedgecombe 12y agoThe idea that lack of profit is acceptable while revenue grows, the expectation is that once revenue flattens profits can be unlocked. I'm sceptical this will ever happen with Amazon.
- mmf 12y agoMeanwhile society benefits from its large economy of scale running on low margin. I dread the day Amazon will start running significant profits...
- tonyedgecombe 12y agoDistribution is inherently a low margin business, that's why I don't think they ever will start making significant profits.
- crdoconnor 12y agoThey have a pretty consistent record of showing steady revenue growth. That's usually enough to calm investor nerves.