@cheezi:$ARM Holdings Ltd(ARM)$A load of people don't know how to work out pe ratio. this company has 1020 m shares. Trailing earning is 270m but fiscal 2023 earning is almost 550m. Give the benefit of the doubt at 550. so earnings is around 0.5 usd. But arm reports non gaap earnings which is somehow 4 x higher than gaap earnings. 1.3 usd. The pe ratio is 50-200 depending on what metric you look at for a price of 90 usd. Nobody questions arm's deviantly high non gaap earnings. but the pe ratio is NOT 1000+ like is being mentioned
@koolgal:πππWhile it would be nice to make 1 million dollars overnight, in life the odds of it happening is like finding a needle in a hay stack. To me investing is a slow and steady process of holding quality stocks that tick the core fundamentals of profitability, rock solid balance sheet and an excellent management team over a long horizon. With magic of compounding, that is how I would achieve my million dollars. And that is how Warren Buffett likes to do it too and he is a Billionaire. @Meme_Tiger @TigerStars