Have you actually looked at p/e and forward p/e? Why do people insist nvidia is overvalued?

Asking what is the true forward p/e is a very valid question. Especially if demand for products go down if the investment dries up. Significant correction feels inevitable for me. Not that it can be timed.

	▲	chermi 9 hours ago \| parent [-]
		True, I agree on forward projections. But overall by metrics people have applied to tech companies in the past, nvda is not preposterously valued

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dgellow a day ago | parent | prev | next [-]

Because we believe the revenue is artificially inflated

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piloto_ciego a day ago | parent | prev [-]

Mostly because people want to believe that things are about to come unglued to support whatever worldview they have.

I remember my conservative pals all through the Obama admin (and then again during Biden) constantly talking about how the market was about to have the biggest collapse and we'd all go back to the gold standard because Company X was over valued or because Company Y had DEI or some other such nonsense.

Almost all of the comments on this is "feels" and very little of it is actually thought out. I get it, you don't want people you don't like to "win" or whatever, but with the NIMBY stuff I keep seeing I suspect we'll see SpaceX datacenters with NVDA chips in sun synchronous orbit in a few years and people will keep yelling, "it'll never happen, it's impossible! it can't be done!"

Signal to noise ratio on this sort of thing is pretty low typically and for whatever reason everywhere is Reddit now.

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windexh8er a day ago | parent [-]

It's hard to dismiss a lot of what's going on right now. Many of us have lived through the dot com bubble as well as 2008.

With respect to SpaceX / Tesla Musk has always been a charlatan at varying levels. He sold FSD for over a decade claiming: next year the entire time. He also made similar claims with DOGE. If accountability mattered Musk wouldn't be where he is today, yet here we are. But, I can't wait for our space data centers that surround our planet with more garbage!

But beyond Musk I don't think many people actually pay any attention how bleak things look on the credit side in the US [0]. Again, if you experienced 2008, the dot com bubble or both - well, I don't think this impending train wreck is going to be any less painful.

[0] https://chartive.org/visualizations/us-federal-debt-percent-...

	▲	chermi 9 hours ago \| parent [-]
		Ignore musks projections which he always says are wildly optimistic, and look at the actual progress. SpaceX should be a marvel everyone is cheering for. Calling him a charlatan is just not accurate. Charlatans never deliver anything that works. Musk and his companie have delivered results more than any single person on earth, always behind stated schedule, but still delivered(1). Also failures, yes. He's just not a charlatan, it's not an accurate description. (1) Except maybe fsd with his idiotic vision only bullshit which is the opposite of his proclaimed first principles. I'm guess he'll lose that one in the medium run if he doesn't change his mind fast