The American chip giant Nvidia has lost about $1 trillion in value in the 16 percent price drop since its peak on May 14. Nvidia’s so-called P\/E ratio – that is, the share price divided by the profit forecast one year ahead – is therefore at its lowest level since the beginning of 2019.<\/p>\n\n\n\n
Wall Street’s broad S&P 500 index has a P\/E ratio of just over 20, while the Nasdaq’s average P\/E ratio is 23.<\/p>\n\n\n\n
Despite the sharp decline in its share price, Nvidia remains the world’s most valuable publicly traded company, with a total valuation of $4.8 trillion. But Apple and Google owner Alphabet – which have fared better in the recent turmoil in the AI sector – are close behind at $4.6 trillion and $4.4 trillion, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
The American chip giant Nvidia has lost about $1 trillion in value in the 16 percent price drop since its peak on May 14. Nvidia’s so-called P\/E ratio – that is, the share price divided by the profit forecast one year ahead – is therefore at its lowest level since the beginning of 2019. Wall…<\/p>\n","protected":false},"author":1,"featured_media":98,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,6,2],"tags":[],"class_list":["post-97","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-science","category-eechnology"],"_links":{"self":[{"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/posts\/97","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/comments?post=97"}],"version-history":[{"count":1,"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/posts\/97\/revisions"}],"predecessor-version":[{"id":99,"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/posts\/97\/revisions\/99"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/media\/98"}],"wp:attachment":[{"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/media?parent=97"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/categories?post=97"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anatolia.se\/index.php\/wp-json\/wp\/v2\/tags?post=97"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}