I see a lot of people trying to compare Far Fetch with Cettire. Far Fetch growth has completely slowed and their revenue is flat over the past 2 years, hence its low PE.
Think of Cettire as Tesla and Far Fetch as General Motors or Ford. In the recent bull run Tesla outperformed the automotive sector due to its high growth and all stocks like Ford and GM share prices were flat.
Cettire are growing at over 100% and Far Fetch 2.5%, technically Far Fetch has had negative growth accounting for inflation. Cettire is a high growth stock and Far Fetch are going backwards.
Chalk and cheese…
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I see a lot of people trying to compare Far Fetch with Cettire....
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