$Pure Storage (PSTG.US)$In 2023, the revenue was 2.83 billio...

$Pure Storage (PSTG.US)$In 2023, the revenue was 2.83 billion, and the market cap reached 19.8 billion, with a PS of 7. The average annual revenue growth rate over the past 5 years was 15.6%. Currently, the pe is 321, even if the net margin increases to 10%, the pe will still reach 70, indicating significant overvaluation.