Is Zoom Overvalued?
I'm still an intern, but I can't seem to wrap my head around 2000x P/E ratios. Market cap of 100B and operating income of around 25M. What's stopping me from shorting the fuck out of it.
They seem to project a continued growth in revenue at like CAGR 100% (currently at around 600M) which has obviously only grown fast due to Covid.
Most people use it for free, they have no moat of competitive defense, and they have security issues.
People are almost certainly going to be less reliant after COVID, these valuations seem ridiculous. Can anyone counter this argument?