BIDU vs SINAwhich would you think has more opportunity now?P/E (ttm): 92.21EPS (ttm): 1.20SINAP/E (ttm): 8.18EPS (ttm): 6.97
people buy not because of the low P/E, but the potential of the micro-blog.
still 1/2 the PE of BIDU....plemty of room for multiple expansion
The low PE of 8 is misleading — that includes the fourth quarter last year, when they had a one-time gain of about $5.70 from spinning off their real estate information business — without that, their trailing PE would be in the 40s
This will be a $150 per share stock come 2012!