Just imagine what the P/E ratio would be if you actually earned a quarterly profit ?
$497 M in revenue, let's be generous and say 30% profit margin = $149 M profit.
149 x 4 = $596 M annual profit.
Let's presume the revenue keeps ramping up, and the annual profit is somehow $1 B.
P/E ratio = 60 on today's market cap.
That is no bargain, not even for 'hybrid cloud' or whatever 'software' this is.
$Snowflake(SNOW)$
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