29 February 2008
As we progress through 2008, Google's market capitalization stands at just over $150 bn, with revenues of nearly $15 bn, EBITDA of $5.62 bn, a trailing edge P/E ratio of 51.40, and $13 bn in cash at the bank. With some analysts forecasting a further rise in the share price, is this valuation justified by the realities on the ground?