Hacker News new | ask | show | jobs
by tatsuke95 5228 days ago
That number is wonky from today's earnings report.

According to GAAP rules, CRM's EPS was negative, so their P/E is undefined.

http://www.google.com/finance?q=NYSE:CRM

http://www.webpronews.com/salesforce-earnings-company-beats-...

Probably not the place for this, but I wouldn't touch CRM with a ten-foot pole. Read through the earnings report and look at all the fancy, non-GAAP accounting tricks they use, like booking deferred revenue. Remember when Zynga played those games? Pretty shady, in my opinion.

But, I'm no expert.