RE: No thanks to a PE ratio of 45x next year⦠crazy expensive8 Nov 2023 16:08
JA - what about the companies that have been loss making for years yet find themselves at stupid valuations? There are plenty of shares on high PE ratios - usually because they have high percentage year on year growth or are predicted to expand (like Boom imho) rapidly over the next few years - you see, the markets usually project forward and not backwards.. fair enough though re itās hard to give a true valuation here because we get quarterly results - some good/some average⦠however if you wish to short the share - go ahead :-)