- Entry
- $123.90
- Now
- $124.85 +0.8%
- Target
- —
- Score
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Hey everyone, I've been racking my brain lately about the good old P/E ratio and whether it's even relevant anymore. Honestly, the metric feels completely useless for a lot of modern business models. The problem is: P/E only looks in the rearview mirror and tells you zero about future potential. We're currently seeing companies that barely make a cent of profit but still skyrocket and turn into 10x baggers (just look at all the space stocks right now). A prime …
— ORIGINAL POST ·
Has the P/E ratio actually outlived its usefulness for growth stocks? (Example: Shopify)
· r/stocks
· May 28, 2026