Service Now P/E

[Pandubabu]

Not following the company.  Eeroju choosi shock ayya, p/e ratio of almost 500. 

5 times more than tesla .

Antha growth potential undha ???

[phatposts]

yes.they have a lot more market share to capture and they are doing all the right things. 

[Pandubabu]

1 minute ago, phatposts said:

yes.they have a lot more market share to capture and they are doing all the right things. 

Interesting.  What are its competitors 

[hyperbole]

P/E is good indicator for dividend or mature companies not for growth companies.

service has a lot of market to conquer 

[Pandubabu]

2 minutes ago, hyperbole said:

P/E is good indicator for dividend or mature companies not for growth companies.

service has a lot of market to conquer 

Atleast it indicates that the investors are expecting lot of growth out of it 

[phatposts]

48 minutes ago, Pandubabu said:

Interesting.  What are its competitors 

originally service desk systems only like remedy etc. 

Now SNOW has so many modules like GRC, Compliance, ITIL dashboards etc. So they have the ability to conquer more spaces. 

[appaji_pesarattu]

SNOW current CEO is ex-SAP CEO

[Tomb__ayya]

ilaanti thop companies dorakanatha varaku anni thopule

 

[FLraja]

1 hour ago, Pandubabu said:

Interesting.  What are its competitors 

No real competition in its area. Its king of ticketing for 10 years, by that time new company will come