2014 this company is expected to make $2 (so far VIPS beat estimated handily) .. Forward PE is about 13 for a company that is growing north of 100% which puts PEG (forward 2014) at 0.13 - ridiculously low.
That's one reason I think this stock could be north of 200 by 2014
Bean - your $3 estimate for 2014 may also prove too conservative. Expanding margins, revenue growth of 100% plus, efficiencies of scale, perhaps an improved China growth/sentiment by 2014, all could lead to VIPS being viewed quite cheap at $200 in 2014. Of course, all is predicated on how VIPS executes next 2 years (so far they have done a fabulous job at it)
When i bought this stock in October, the earnings est. was for .71 cents for 2013., Now it's $1.13. Just keeping track of the estimates. The earnings est. went up 59% in 4 months. These are the things i look for when researching stocks. Same thing happened in 2003 with NTES, SINA, and SOHO and look what happened to those stocks 10 years ago. Just some food for thought.