The PE is 15.5 from what Im seeing. There are companies with way lower PE and much higher revenue/earnings growth, so Im not sure why I would buy Uber on this logic when there are better options.
So when the market is down, Uber is down 2%+, when the market is up, Uber is down -0.2%.
When will this garbage move up a bit. Thing has the PE of a burp.
Do it. Post updates daily. Many are now only 25x forward PE with 50% CAGR. Assuming no price appreciation many will have a forwardPE ratio lower than Target or BBY in 12 months.