Why is Bidu.com still sitting at $200+?

Discussion in 'Stocks' started by Happy Hopping, Oct 7, 2008.

  1. How can Bidu has a higher P/E than Google?

    Google is now at a P/E of 22.73

    Bidu, which only make a hand full of million, still sit at a P/E of 62.79

    Can some1 explain this?
  2. Give it time its going to come in nice. High p/e's will not be held in this market. Stock with premium + high p/e = short. I posted a few days ago a trade on Ener i mentioned it had a high p/e and bam 2 days later 20 pt winner.
  3. Daal


    forward PE is 30. analysts are actually increasing their eps estimates. we will see if they are right, if they say the wrong word this thing could plunge
  4. If you want high P/E , look at ITRI
  5. Nobody trades ITRI, there is little vol.

    And even w/ Fwd. PE of 30, it's still higher than Google. And since this stock is not earning remotely close to goog, its stock price doesn't justify