[mellavora]

A "growth company" is a company with high P/E, with the added assumption that the high P/E is justified based on an expectation that E will increase much faster than P.

"growth" is taken as the opposite of "value". A "value" company is a company with a low P/E, and with the added assumption that P is low due to reasons which are likely to change in P's favor.

Thus the difference between "growth" and "value" is simply if you are looking at the numerator or the denominator. This has no bearing on "startup" vs. "not startup"