NVDA is CHEAPER today than it was a year ago.

TechnicalHunter
05-28

The higher a stock's price goes, the more expensive it gets. Right?

Well, not always.

A year ago, when $NVIDIA Corp(NVDA)$ was selling at $277, its earnings per share was $0.82 and its P/E ratio was 147x

Today,NVDA's share price is up +284% to $1,064.... BUT... Its earnings per share is up +629% to $5.98. Its P/E has fallen to 62x... forward P/E is now at 30x

So, NVDA is CHEAPER today than it was a year ago.

Investors who say that NVDA is a bubble have no idea what they are talking about.

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Comments

  • TigerVision888
    05-30
    TigerVision888
    Kindly give credit to Adam Khoo, the original Author
  • Enchantedlad
    05-29
    Enchantedlad
    Current PE is 66.68. How do you calculate 30 x ?
  • Sonsonkok
    05-30
    Sonsonkok

    Great article, would you like to share it?

  • joechill
    05-30
    joechill

    Nice 

  • Ggt
    05-29
    Ggt

    Great article, would you like to share it?

  • JessHs
    05-29
    JessHs
    Great article, would you like to share it?
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