Re:YouTube doesn't want to take down scam ads
by vkou on Tuesday December 12, 2023 @01:01PM
(#38615853)
> All companies are currently overvalued by absurd amounts, but the computer-related ones have it dialed a few dozen notches above "absurd".
Google's P/E is 25.6
S&P 500 is at 24.59
DJIA is at 26.35
There are exactly 4 'computer' companies among the 30 companies that make up the DJIA.
If you're looking for overvalued, that would be Tesla at 70.3, or Amazon (Who reinvests aggressively) at 75.6.
Well, it's more of an interest rate change phenomenon.
All companies are currently overvalued by absurd amounts, but the computer-related ones have it dialed a few dozen notches above "absurd". Things became this way because of the zero interest rate (and the expectation that it was permanent), but it's not sustainable anymore.