$NVIDIA (NVDA.US)$Before this financial report came out, I f...
$NVIDIA (NVDA.US)$Before this financial report came out, I felt that Nvidia's valuation was too high. Because the earnings per share for the previous quarter were only 8 cents, it was almost 100 times PE. I didn't expect this financial report to suddenly generate 2.7 earnings per share, directly lowering the forward valuation to about 50 times. Nvidia's current growth rate, a 40 times valuation is normal. Assuming earnings of 7 yuan per share this year and 10 yuan next year, Nvidia around 330 is a reasonable price
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