palantir millionaire in <8months
byu/OkBeach2838 inwallstreetbets
Palantir’s price-to-earnings (P/E) ratio has surged past 600, landing around 617.5 based on the latest market data. That figure reflects the company’s current share price relative to its trailing twelve-month earnings per share.
To put that in perspective, a P/E ratio above 30 is typically considered high. A ratio above 600? That’s rare air. It signals that investors are pricing in massive future growth or are willing to pay a steep premium for the company’s potential. Either way, it’s a valuation that leaves very little room for earnings disappointment.
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