3. The P/E Ratio is 102
The Price/Earnings ratio of Facebook’s stock is 102, which is extremely high. But, this doesn’t imply that you shouldn’t buy their shares. The growth rate of Facebook’s earnings is very high and it puts you in an advantageous situation.
Conclusion
Like every other internet giant, Facebook is proactive when it comes to finding different ways of earning revenues. It is a force to reckon with in the digital world and the company’s profits will grow remarkably, with different revenue streams powering its stock.
Posted:Tue, 03 Nov 2015 05:12:54 +0000