FACEBOOK MADE 1.3 BILLION in Revenue with 32% Growth Last Qt. /// Undervalued Here. LINK
USA TODAY OCT 23, 2012
Facebook reported better-than-expected third-quarter earnings Tuesday, giving investors hope that the company might have found positive momentum.
The company (FB) reported adjusted earnings of 12 cents a share, topping estimates calling for 11 cents. Revenue came in at $1.3 billion, up 32%.
PEG of over 2 and Price to sales over 14 is not undervalued. 32% yoy growth is good but in its heyday GOOG was producing near 100% growth. Look at other growth stories. I am not to saying FB is bad but its not undervalued by any metric.