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by mansoor_
702 days ago
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If it were publicly traded, it would have a P/E of 600. I'll help you out since you don't read, a normal P/E is 20-30. To say it is not a great financial investment is unequivocal. It is effectively a write-off for the foreseeable future. But that is not to say you shouldn't invest in difficult problems and try to solve them, even if they don't make money. This is one of them. I hope people do the same for other challenging problems. |
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Tesla for example had a P/E ratio of 1000 two years ago. Okay it's still potentially overvalued and the share price has declined but their P/E ratio has dropped dramatically.