Yolion : what's that, I'm a beginner
MonkeyGee Yolion : don't worry, the new generation doesn't care about PB, PS or PE. If they do than NVDA would be $30. and LLY is $80
ThirtyOne Yolion : They’re referring to the valuation of the company being overvalued. In recent times Valuations have seemed to not really matter as much. There are many stocks with extremely high price to earnings ratios compared to the past.
Yolion : what's that, I'm a beginner
MonkeyGee Yolion : don't worry, the new generation doesn't care about PB, PS or PE. If they do than NVDA would be $30. and LLY is $80
ThirtyOne Yolion : They’re referring to the valuation of the company being overvalued. In recent times Valuations have seemed to not really matter as much. There are many stocks with extremely high price to earnings ratios compared to the past.