It is crazy to think Facebook is still able to operate as they do. I mean look at the stock price. Ridiculously out of reality. This will come crashing down soon enough.
Their P/E ratio is 27. It’s below P/E ratio for SP500, which sits right now at 40, and includes tons of beyond ridiculous companies like Tesla, with P/E ratio over 1200.
There’s lots of wrong with Facebook, but calling their stock overpriced isn’t one of those things.