Yeah but with a 61 P/E ratio and EPS of 8. Ha
I don't disagree with your principal, but PE is totally worthless in stock trading these days. We're in full blown jew mode
Edit: Whats twitters PE?
They don't have a P/E ratio because they haven't made any money yet. Making there stock price even more ridiculous.
As if I know what that means
Basically, they are earning $8/share. The P/E ratio of 61 means their stock price is trading at 61 times earnings. 61.6*8.26=$508, current stock price. In 2020 they had revenue of 25M. So basically these fucking idiots that invest think at some point Netflix will have revenue of $1.5B. Which would be laughable if we weren't in clown world.
Forgive my extreme ignorance, but doesn't all that mean NF is doing well, in spite of a few customers cancelling?
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