But even that isn't really true since Nvidia P/E was unreasonably high even 4 years ago. So how is this not lying to investors (a thing that is illegal)?

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thunky 3 hours ago | parent [-]

Because a PE is a fact not an interpretation.

	▲	vardump 2 hours ago \| parent [-]
		It's interesting how people who stare only at P/E make consistently bad investment decisions. Perhaps P/E is not such an important indicator overall?