Re:Nvidia hits $2T valuation as AI frenzy grips Wall Street
by bryanlarsen on Friday February 23, 2024 @11:48AM
(#39482962)
I think P/S ratios are fairly comparable, though. Data going back that far is behind a paywall, so can't check.
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Re:Nvidia hits $2T valuation as AI frenzy grips Wall Street
by acchow on Friday February 23, 2024 @02:04PM
(#39484794)
Cisco’s peak was $79 at a $546bn valuation in March 2000. Their year ended July 2000 had $18.9bn revenue
https://www.cisco.com/c/dam/en_us/about/ac49/ac20/downloads/...
That’s a P/S of 29 (but one quarter in there is forward looking)
NVDA’s year ended Dec 2023 saw $61bn revenue. All 4 of quarters in there are backwards looking. If you shave off the oldest one (7.2bn) and add on this current quarter (22bn forecasted), you get 75.8bn.
Or a P/S of 26.4.
It’s closeish