Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Bitcoin Bubble Makes Dot-Com Look Rational. Parent comment
The consensus is that P/E is not a good valuation metric for high growth companies.
I would rather use comparable multiples, DCF or sum of the parts for this type of exercise.
The principle being that you will benefit from stock appreciation rather than dividend payout.
e.g.:
https://www.investors.com/how-to-invest/investors-corner/ign...
https://seekingalpha.com/article/4035706-p-e-ratio-good-metr...
There are no comments on this comment yet.
The consensus is that P/E is not a good valuation metric for high growth companies.
I would rather use comparable multiples, DCF or sum of the parts for this type of exercise.
The principle being that you will benefit from stock appreciation rather than dividend payout.
e.g.:
https://www.investors.com/how-to-invest/investors-corner/ign...
https://seekingalpha.com/article/4035706-p-e-ratio-good-metr...