CRUS gaap earning is so low, gaap to non-gaap ratio is about 35%.
even non-gaap is $4 per share, the gaap is only about $1.4 per year.
use pe 20 1.4 x 20 = $28.
too bad, pe 20 is too high for this little co.
attractive pe should be 15 1.4 x 15 = $21. attractive buy for crus is $21.
over $30 for crus is rated strong sell !!!
It said " whatever goes up, will eventually fall down hard. "
It takes many years for CRUS to get to this price.
But, it may crash so hard within a few weeks???
Just like Timber, takes 20 years to grow up tall, but will fall so hard to earth
by chainsaw within two hours.....