PE ratios for big tech.
Google: 20:1
Amazon: 100:1
Netflix: 30:1
Apple: 22:1
Meta: 18:1
(For the financially illiterate like me who wanted to see what various ratios looked like. Meta (Facebook at the time) used to have a 7:1 ratio when they printed money before they doubled headcount while revenue flagged. If it weren’t for that hiring spree, they would be under 10:1 and not in the same class of “tech” multiples.