Numbers are all over the place on Nvidia's_PE. That CNBC page places the ratio at 202:1 with a forward PE of 52. Nvidia shares have usually commanded a very high premium as this shows: https://ycharts.com/companies/NVDA/pe_ratio
"Reminds me of the dot.com era." Or the 1960s with the Nifty Fifty. Nvidia was a dot com era darling and hardly a scam. It IPO'd in 1999 and quickly split twice.
NVDA has a 20+ year growth pedigree. Made plenty of 1999-era video game nerds prosperous.
______________________________________________________________ Because the Good Life is Just a Pump or Two Away
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.