How do you value Technology companies?IB
I've always been interested in reading about the technology industry but I don't have much expertise on valuing the companies in that industry. Does anyone cover companies in the technology industry? The only thing I can think of is that most technology companies have negative earnings so it might be a better idea so look at multiples like EV/Sales or something. What about solvency ratios, efficiency ratios, profitability ratios? Any information on how to value tech companies would be greatly appreciated.