why does the P/E ratio vary so much from company to company as in the example between AAPL and Netflix? is it the speculative growth potential or something else? Thanks again!
You're doing it wrong. P/E is price to earnings(profits). Price to revenues is a whole other ball game. As an example, Materion does close to a billion in revenues. And the market cap is around 800 millions. So, just a little fuzzy math tells you that LQMT might need approx. 1 billion in revs to reach a market cap of 800 million or about $1 a share.