So, here we are in 2017
Here we almost are in 2019. The authors premise seems sound, but it hasn’t happened (yet).
Here we almost are in 2019. The authors premise seems sound, but it hasn’t happened (yet).
If the P/E moves from the 39.37 I just Googled towards 12, the profit needs to triple to maintain share value. Heck, it was over 60 to start the year: https://ycharts.com/companies/GOOG/pe_ratio, and that seems a little insane to me.
Assuming that there's some special r&d, and hard to replicate in their moonshot division(IDK?), or at least the image of one, Some successful moonshots could do wonders to their P/E.