CheungAlan
commented on
Common logic might suggest that as the stock price climbs, so would the P/E ratio, making the stock more expensive. But NVIDIA's earnings have been growing at a rapid pace, outpacing the stock price increase. Nvidia's Q4 earnings soared beyond top and bottom lines expectations, with revenues and non-GAAP EPS coming in at $22.1B (up +265% y/y) and $5.16 (up +486% y/y), respectively. As a result, the P/E ratio actually...
![Tech Giant In One Chart: The Higher NVIDIA Stock Price Goes, The Cheaper It Gets](https://ussnsimg.moomoo.com/sns_client_feed/77777019/20240228/209c3fadd1154a98953c09461bf8373c.png?area=100&is_public=true/thumb)
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CheungAlan : So use Forward P/E and PEG ratio, not LTM P/E …