LinkedIn IPO Opens For Trading At $83, 980x Annualized P/E
And so the internet bubble is back. The market cap of LinkedIn at this price, based on 94.5 million shares is $7,843 million. Taking out $297.6 million in cash means $7,546 million in Enterprise Value. The relevant metrics are:
- Revenues (pro rated annualized): $375.6 million or Price/Revenue 20.9x
- EBITDA (pro rated annualized): $53.2 million or EV/EBITDA 141.8x
- Net Income (pro rated annualized): $8 million or P/E 980x
LNKD hits an intraday high of $92.99...
Does anyone have a chart of pets.com?