I'm curious about investing and economy, and I always wonder about P/E ratios like Crowdstrike's (currently 450-something, was over 500 last week).
Some P/E ratios for today, for some companies I find interesting:
- Shopify: 615.12
- Crowdstrike: 455.70
- Datadog: 341.98
- Palantir: 212.34
- Pinterest: 187.67
- Uber: 99.0
- Broadcom: 77.68
- Tesla: 58.33
- Autodesk: 52.36
- Adobe: 49.23
- Microsoft: 37.97
What's going on here? Do investors expect Shopify, for example, to increase their earnings by an order of magnitude despite already having done extraordinarily well in a very competitive market? Can anyone ELI5?
Some P/E ratios for today, for some companies I find interesting:
- Shopify: 615.12
- Crowdstrike: 455.70
- Datadog: 341.98
- Palantir: 212.34
- Pinterest: 187.67
- Uber: 99.0
- Broadcom: 77.68
- Tesla: 58.33
- Autodesk: 52.36
- Adobe: 49.23
- Microsoft: 37.97
What's going on here? Do investors expect Shopify, for example, to increase their earnings by an order of magnitude despite already having done extraordinarily well in a very competitive market? Can anyone ELI5?