PE is not a useful in this case.
At least they have earnings..
What if their earnings were $0? Should the stock price be zero?
What if their earnings were negative, like a lot of growing tech companies? Should the stock price be negative?
SaaS companies are generally valued based on their revenue and rate of revenue growth.
PE is not a useful in this case.At least they have...
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Last
$137.23 |
Change
2.980(2.22%) |
Mkt cap ! $20.79B | |||
| Open | High | Low | Value | Volume |
| $134.96 | $137.45 | $134.67 | $18.32M | 134.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27 | $137.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $137.26 | 15 | 3 |
View Market Depth
| Last trade - 15.02pm 31/07/2024 (20 minute delay) ? |
| XRO (ASX) Chart |