I've been bashing Amazon.com (AMZN) for the past few months (and have been dead wrong). Still, I wanted to show you just how crazy the share price has gotten.
Here's a chart of Amazon and its earnings-per-share.
The blue line is Amazon's share price and it follows the left scale. The black and red line show Amazon's earnings-per-share and it follows the right scale. The black shows the trailing figures and the red is Wall Street's projection.
The two axises are scaled at a ratio of 50-to-1 which means that Amazon's P/E Ratio is exactly 50 whenever the lines cross.
