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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Ol