Apple's P/E is just over 20, while Amazon and Netflix have P/E's over 70. All three stocks have soared in the past two years, and as far as I know profits have grown handsomely at all three companies, though Amazon did disappoint a few days ago. Is there some reason the outlook for Apple is much darker than for the other two, or is it just a case of Apple being less fashionable for speculators for some reason?
Why is Apple's P/E so dramatically lower than Amazon or Netflix?
- Thread starter Houyhnhnm
- Start date