As of August 17, 2023, Palantir Technologies's (PLTR) price-to-earnings ratio (TTM) is -118.231. This means that investors are willing to pay $118 for every $1 of earnings that Palantir is expected to generate in the next 12 months. This is a clear indication that the company is not profitable and maintains a negative P/E ratio, which is unusual. However, Investors (as opposed ot traders) buy into Palantir for their anticipated growth and expected profitability in the future.
NXL is in a far greater position right now - and although their PE ratio is on the lower side, their growth and diversification could lead investors to think that $500m market cap value is a great area to sink some investment money into, if comparing to the likes of Palantir.
There is a 61x difference in market value. By no means am I stating that NUIX will achieve 61x growth, but you could anticipate with the release of NUIX Neo and others, there is some significant upside.
NXL Price at posting:
$1.59 Sentiment: Hold Disclosure: Held
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