That's because margins are small (and negative for Q3). So the P/E jumps sky high when you have close to 0% margin.
It's a bit complicated. When you look at P/Book then the company is massively overvalued. When you look at P/Sales it's not. People will be looking at operating margin and guidance I suppose.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.