NVDA is CHEAPER today than it was a year ago.

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

    Great article, would you like to share it?

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  • joechill
    ·05-30

    Nice 

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  • Ggt
    ·05-29

    Great article, would you like to share it?

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