@tvbee
You can't just call it a bubble based solely on rising stock prices, right?!
The P/E ratio equals stock price divided by earnings per share, which is suitable for reflecting bubbles.
The P/E-TTM used here equals total market capitalization divided by net profit over the past four quarters, or equivalently, stock price divided by the sum of earnings per share over the past four quarters.
NVIDIA's latest earnings report hasn't been released yet. As long as the most recent quarter's net profit exceeds that of the same period last year, the P/E ratio will be even lower than the current figure.
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