Re:Nvidia is now more valuable than Amazon and Google
by testless on Tuesday February 13, 2024 @02:56AM
(#39355555)
Lofty valuation with a PE ratio of over 90 - even considering the growth and margins. Also almost no revenue growth in 2022/23 according to quickfs.net. Too expensive for my taste.
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Re:Nvidia is now more valuable than Amazon and Google
by jsnell on Tuesday February 13, 2024 @03:31AM
(#39355728)
You're being misled by the site. Those aren't really their 2023 results, but their FY2023 results. And Nvidia's fiscal years are just nuts, basically FY2023 is 2022.
Their 2023 results will be reported as FY2024, and aren't out yet. But just the first three quarters showed 50% more revenue than the entire FY2023.
Re:Nvidia is now more valuable than Amazon and Google
by testless on Tuesday February 13, 2024 @04:17AM
(#39355949)
You are right, I was wrong. I have compared financial years, not actual years. There seems to be strong improvements with respect to revenue (66% TTM increase) and earnings per share (334% increase TTM).