Notable Stocks with Surprisingly High P/E Ratios Heading into FY13 (NFLX) (NAV)
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Most investors look at the P/E ratio as one of the main considerations before laying down their hard-earned bucks on a stock. One of the most argued valuations as of recent has been Facebook (Nasdaq: FB), which has a current year P/E of 41 times and forward P/E of 33.4 times.
Here's a brief list of some of the more notable stocks with high P/E ratios. And by high, we mean high. We'll use next year's expectations to smooth things out a little, otherwise you might find something like Amazon.com (Nasdaq: AMZN) which, at about $235 per share, trades for a mind-numbing 5,860 times earnings expectations this year (which moves to about 131 times next year, in-line with its historical average)
* Navistar Int'l (NYSE: NAV) - currently at 2,012 times next year's earnings. The battle for EPA conformity rages on at Navistar, causing the stock to drop from $338 at the start of 2012 to about $20 now.
* Youku, Inc. (NYSE: YOKU) - running hot at 1,013.5 times expectations for 2013. Notably, Google (Nasdaq: GOOG) is only going for 15 times next year's earnings.
* Hersha Hospitality Trust (NYSEL HT) - at 468 times. Another stock trading just about flat this year. Shares started at about $4.80 and are currently going for $4.73. The Natl Bank of Greece (below) is the only other Financial sector stock on the list.
* Zynga (Nasdaq: ZNGA) - investors are wandering in "Hangon-ville" with shares trading for 223 times FY13 EPS expectations.
* Velti plc (Nasdaq: VELT) - at 248 times. Tech stocks are typically richly valued versus manufacturing and consumer staples, but with Velti shares swinging from $7 to above $14 and down to about $5 this year, investors are getting their money's worth of excitement.
* Netflix (Nasdaq: NFLX) - even Carl Icahn can't bring this stock out of the depths. Currently at 176 times.
* National Bank of Greece (NYSE: NBG) - Ya sou! Going for 210 times as austerity plans play out in Greece.
* Accuray (Nasdaq: ARAY) - at 234 times. Shares have actually risen 65 percent since the start of 2012 as well.
Here's a brief list of some of the more notable stocks with high P/E ratios. And by high, we mean high. We'll use next year's expectations to smooth things out a little, otherwise you might find something like Amazon.com (Nasdaq: AMZN) which, at about $235 per share, trades for a mind-numbing 5,860 times earnings expectations this year (which moves to about 131 times next year, in-line with its historical average)
* Navistar Int'l (NYSE: NAV) - currently at 2,012 times next year's earnings. The battle for EPA conformity rages on at Navistar, causing the stock to drop from $338 at the start of 2012 to about $20 now.
* Youku, Inc. (NYSE: YOKU) - running hot at 1,013.5 times expectations for 2013. Notably, Google (Nasdaq: GOOG) is only going for 15 times next year's earnings.
* Hersha Hospitality Trust (NYSEL HT) - at 468 times. Another stock trading just about flat this year. Shares started at about $4.80 and are currently going for $4.73. The Natl Bank of Greece (below) is the only other Financial sector stock on the list.
* Zynga (Nasdaq: ZNGA) - investors are wandering in "Hangon-ville" with shares trading for 223 times FY13 EPS expectations.
* Velti plc (Nasdaq: VELT) - at 248 times. Tech stocks are typically richly valued versus manufacturing and consumer staples, but with Velti shares swinging from $7 to above $14 and down to about $5 this year, investors are getting their money's worth of excitement.
* Netflix (Nasdaq: NFLX) - even Carl Icahn can't bring this stock out of the depths. Currently at 176 times.
* National Bank of Greece (NYSE: NBG) - Ya sou! Going for 210 times as austerity plans play out in Greece.
* Accuray (Nasdaq: ARAY) - at 234 times. Shares have actually risen 65 percent since the start of 2012 as well.
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