PE is a little tricky. It's better to look at it relative to earnings growth. Google market cap is almost 600 billion. If it had the same PE as Netflix, the total value of its stock (i.e. market cap) would be 180 trillion if I calculated correctly. That might be enough to pay the national debt.
Frank Wimberly Phone (505) 670-9918 On Mar 16, 2017 3:14 PM, "Owen Densmore" <o...@backspaces.net> wrote: > Kinda weird Google is lowest. > > Puzzle: How can the provider of the world's most popular phone OS not > profit from it? Maybe they do but it is small compared to the rest of their > work. > > -- Owen > > On Thu, Mar 16, 2017 at 12:31 PM, Frank Wimberly <wimber...@gmail.com> > wrote: > >> For comparison: >> >> Google PE > 30 >> Amazon PE > 170 >> Netflix PE > 330 >> >> Frank Wimberly >> Phone (505) 670-9918 >> >> On Mar 16, 2017 10:37 AM, "glen ☣" <geprope...@gmail.com> wrote: >> >>> Perhaps it's not beside the point at all. P/E normalizes the price >>> based on one frame of mind, which I suppose is whether you can make money >>> off it. Making money implies a time window and some sort of zero sum >>> bucket of money (where P goes out and E comes in). But a more objective >>> (perspective invariant) normalizer might send an entirely different >>> message, particularly one that includes the extent the company is leveraged. >>> >>> Regardless, from the little I know about it (2 friends who work there >>> and a slew of interviews a decade ago), they have/had very little tolerance >>> for constituents setting their own agenda. My interactions with Google >>> were drastically different. They seemed willing to entertain literally >>> _any_ idea (the overwhelming majority of which are selected against >>> immediately, of course). I chalked this up to their sources of money, >>> which is a type/kind of liquidity. If you have more ways of making money >>> (selling products to rich hipsters vs. advertising to anyone), you'll be >>> more willing to let the constituents try out their own pet project, build >>> their own sub-org. >>> >>> >>> On 03/15/2017 06:05 PM, Frank Wimberly wrote: >>> > It's beside the point, but Apple has a low stock price. PE < 17. >>> >>> >>> -- >>> ☣ glen >>> >>> ============================================================ >>> FRIAM Applied Complexity Group listserv >>> Meets Fridays 9a-11:30 at cafe at St. John's College >>> to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com >>> FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove >> >> >> ============================================================ >> FRIAM Applied Complexity Group listserv >> Meets Fridays 9a-11:30 at cafe at St. John's College >> to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com >> FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove >> > > > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com > FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove >
============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove
