After a big surge in earnings, what is the PE of this stock now?
0.47 x 4 = 1.88
PE approx 25
Earnings growth over 100% better than twitter which does not have any earnings
if you give twitter or lnkd valuation to YY - it should trade at least 5x what it is trading now
I would note that with all EPS repts, and with the YHOO est, they are all non-GAAP.
Real earnings are GAAP.
Tech companies give huge stock options, which effectively dilute your holdings with every option that vests.
Option dilution are the main component of the delta between GAAP and non-GAAP.
Many look at the YHOO/non-GAAP EPS, but the downside on any stock would be based on the GAAP number.
Just FYI, non-GAAP earnings were 28M, GAAP 21M. A 25% delta.
I don't get it. I understand why it would trade a discount but that's a huge discrepancy