P/E’s can get exponential due to market sentiment, so there’s no...

P/E’s can get exponential due to market sentiment, so there’s no hard and fast rule on what one should attribute to a stock that has the potential to disrupt the incumbent technology 100% within the next ten years.

What I can confidently say is that the average P/E ratio that applies to the semiconductor industry is not applicable here, well not until a majority of fabs and IDMs are signed. We could see a P/E in the thousand’s while licensing fees and NRE payments are being collected prior to long term royalties are received, so your guess is as good mine.

While that happens, many on here will say the company is over valued, it may be, it may not be. Total disruption is the end game but Neuromorphic is the wildcard that will likely blow all analysis out of the water.