more about forward p/e and earning surprise imho. 2023 it has multiple double digit% surprise beat. Currently the beat is more tame. Trading mostly on second order effect.
“AI bubble” is fucking hilarious
In 2023 when Nvidia was $45/share, it was trading at a 160x PE ratio.
Today, even at $194/share, it’s only trading at a 50x P/E ratio.
If you want us to go back to the 2022-2023 valuations, Nvidia should be trading at a valuation close to $15T. If anything it’s actually undervalued even at $5T.
Buy the dip regards and don’t let idiots like Burry scare you.
P/E is a measure of past performance. Their forward P/E is 23, I.e they are expected to grow at 26% over the next 12 months which based on current numbers is not the case.
I'm detecting unusual movements in some Upstream E&P. It looks like they are preparing for a move, I suspect it will be bullish. It would be good to add some clean and ignored Mid Caps to the portfolio. 🔎👁️
i bought in at 40 and thought i was getting great deal with a p/e of 15 while bull and hood trade significantly higher ratios...then it fell to 35 lmao