Question
1a) What is Teslas trailing 12-month (TTM) P/E ratio? 1b) If the average estimate (Future) EPS for TSLA for 2022 is $9.04 per share, What
1a) What is Teslas trailing 12-month (TTM) P/E ratio?
1b) If the average estimate (Future) EPS for TSLA for 2022 is $9.04 per share, What is Teslas forward-looking P/E ratio, based off of Jan 24, 2022 closing price?
1c) As of January 24, 2022, The domestic automotive industrys forward 12 months P/E ratio is 16X and the S&P 500 forward P/E is 19X, then what could be 2 reasons why investors justify paying so much for Tesla?
1d) Many investors are claimed that the 2021 P/E ratio of close to 30X looked similar to 2001 when there was the tech bubble crash. One reason provided by many investors was because bond yields were so low. Why would low bond yields justify higher equity prices?
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