To put this into context with other large tech companies:
P/E MARKET CAP
Salesforce 1,036x $0.2T
AMD 519x $0.2T
NVIDIA 213x $1.0T
Amazon 293x $1.25T
Microsoft 35x $2.4T
Meta/FB 33x $0.7T
Apple 30x $2.7T
Google 27x $1.5T
TSMC 16x $0.4T
Samsung 10x $0.3T
EDIT: "P/E" ratio is the Market Cap "Price" / Earnings the company generates. E.g. Samsung is generating $30B in earnings (not revenue, earnings), investors are valuing Samsung to be a $300B company. That means investors see Samsung is worth 10x P/E
To put this into context with other large tech companies:
EDIT: "P/E" ratio is the Market Cap "Price" / Earnings the company generates. E.g. Samsung is generating $30B in earnings (not revenue, earnings), investors are valuing Samsung to be a $300B company. That means investors see Samsung is worth 10x P/E