Looking for company with highest P/E?
As seen today – 6th August 2019, UBER seems to be the company with highest P/E, reaching 2169.44 PE ratio – even surpassing Yahoo during the dot-com bubble era back in 1999 to 2001.
Normally and on average, acceptable PE ratio for a public company is somewhere between 10 – 15, but UBER here is exceptional.
Do you think that is a good sign or the other way around? Do give your comments and thoughts down below on the comment section.
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