alt Hacker NewsP/E is price to earning. Price to revenue is P/S. AER's P/S is like 3, so the discrepancy is much worse than you think.
Sidenote: 3 is actually high. 94 is absolutely ridiculous.
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ralfd • today at 5:01 PM
> Sidenote: 3 is actually high.
Do you mean low? AAPL has a ps of 10.
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stogot • today at 4:58 PM
The question on my mind is-is this IPO designed to rip off recreational passive investors and those of us that invest in retirement accounts?
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Number like this might appear when a company is expected to create a revolutionary thing that upends multiple markets. I would consider a number much larger than 3 in SpaceX’s case, but 94 feels, indeed, excessive.
It’s almost like the future we were promised in the 1960’s would immediately materialise the moment launch costs drop. Starship will be revolutionary if it pans out the way we expect (as the shuttle would have been, had it kept the low cost promise), but that’s not enough to warrant that 94 number.