wow, me just woke up. me am look around am see amzn am loosing am again. nothing am new here me am go to am sleep again.
If this is a real question and not just a setup ..... P/E is simply a ratio of Stock price to earnings which is easy to calculate (and non-sensical will negative earnings as Amazon had this past year) -- if this ratio is a main measuring point in your investment criteria you should probably stay away from Amazon.
That said, the forward looking 2015 PE based on estimated earnings would be 309.66/.68 = 455.38.
For companies like Amazon that are plowing most of their earnings into R&D, a more appropriate gauge of the expensiveness of the stock would be a more complicated analysis of other metrics including Price to Sales and Gross Margins -- and also your own weightings on more subjective ideas like whether you believe in the leadership team at the company.
It makes sense if you don't have any sense. For at least the past two years Amazon stock has tanked after each quarterly report.
DATE WK HI WK LO % DROP WKS AFTER
1/28/2013 $284 $258 9.2% 1 down
22-Apr $276 $253 8.3% 12 up
22-Jul $314 $296 5.7% 5 down
21-Oct $368 $324 12.0% 6 up
1/27/2014 $406 $358 11.8% 3 down
21-Apr $338 $303 10.4% 2 down
21-Jul $364 $315 13.5% 1 down
20-Oct $319 $284 11.0% 5 up
1/29 est. $320 $282 11.9% 2 down
Without the excessive spending on R&D, the PE would be about 20, maybe less. Unlike what most people think, there is profit at Amazon, it's just retained in a different way. The way Amazon does it allows them to use 100% of their money on growth, tax deferred.
If she reaches $306 near the close today or tomorrow, she'll go lower than $306.
It looks like she'll test $303 tomorrow.
My hope was that she'd test $306 early.
In order to obtain the P/E ratio, you need to divide the price of a share of stock by the amount of earnings per share of stock. In this case, you divide $300 per share (approximate) by the earnings which in the case of Amazon are 0 (zero). If I remember my high school mathematics correctly, the answer is infinity. Amazon has an infinite P/E ratio. Low P/E = good, high P/E = bad. Infinity is just about as bad as it can get.
A few minutes after closing bells. Scamazon usually report on the 3rd week. Need an extra week this time to cook the books. Earning will be subpar. Suspect 2015 will be another losing year for this POS. Fidelity has been scaling out all of last year. Big boys have to slowing unload to the index funds. Otherwise, price will drop like a rock.