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Re: snow post# 5003

Monday, 10/11/2021 5:42:17 PM

Monday, October 11, 2021 5:42:17 PM

Post# of 9539

But in this sort of operation it is a very poor basis indeed to calculate the future growth rate on the basis of the growth rate during the very first years there have been any significant revenues.



So you think it is a better idea to assign a P/E of 20 to a company that has just grown earnings from $103M to $332M, up over 200%. That to me is the dumbest thing I have read in a while. Not to mention that the company has already given you the growth trajectory for the next 3 years a year ago, which reflects 70% growth annually going forward. And yet you persist and want to give the company a P/E of only 20.

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