Comment by burnte

No, if anything it's overvalued. Previous year's profit was just over $400m. At a 10x multiple that's a $4bn price tag. If you go the year before it was over $600m, which at a 10x multiple is $6bn. Even a crazy 30x multiple would only be $18bn. Softbank massively overpaid, which is why Softbank is SELLING Arm and other companies, because they racked up massive debt.