It’s perhaps the biggest question plaguing the market right now: are shares of big data analytics specialist Palantir (PLTR) ...
PLTR currently has a PEG ratio of 4.81. Another notable valuation metric for SMGZY is its P/B ratio of 3.13. The P/B ratio is used to compare a stock's market value with its book value ...
While I acknowledged that there were concerns of overvaluation, the bottom was this: “at this juncture, I see little reason based on the evidence to adopt a bearish stance on PLTR stock.
If you are looking for an AI stock that is more promising than PLTR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI ...
At the time of writing, PLTR stock goes for 86.7 times price-to-sales (P/S)—that’s price-to-sales, not price-to-earnings (P/E), which goes for over 181 times on a forward-looking basis.