P/E ratios are the last thing you should look at when valuing a growth stock like Blinkx. There is a reason a Ferrari costs more than a Ford. If you want high-performance you are going to have to pay a premium price. However, in my view on a forward P/E of 21 (source: Canaccord Genuity) Blinkx is far from expensive and trades at a very significant discount to US peers... DYOR.
In June 1997 Yahoo! traded on 938x earnings, enough to give most investors a nose bleed. Its shares then advanced 7,800% over the next 30 months because its sales exploded. So do not listen to novice investors or idi0ts (e.g. shareprophets.com) that do not know what they are talking about. post by: Dr.S.
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