You are talking about prices by themselves without understanding any other variable, without acknowledging anything I said, without reading the blog post. You are making it obvious that terms like "ttm net income per share" are magical spells to you. It's this unwillingness to educate yourself that causes the market to be a complete mystery and ponzi scheme to you. The problem with NVDA is that its reported earnings are not being returned to shareholders, not that its price is seperate from its fundamentals.