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Stock Market reality of present days…
TESLA – p/e ratio stands at 1,208.57 (Closed at $609.99 on Friday 11 December 2020)
DOORDASH – Unprofitable Company getting $55.59B Market Capitalization
AIRBNB – Unprofitable Company getting $82.98B Market Capitalization
However, nothing wrong in this as there is no universal theory across the Business Models through which one can understand the worth of a stock.
This is nothing less than an Entertainment “OR” systemic unfairness towards You. Agreed…Read More »