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LinkedIn IPO Opens For Trading At $83, 980x Annualized P/E

LinkedIn IPO Opens For Trading At $83, 980x Annualized P/E

2011-05-20
Source: Zero Hedge


Oh God... Please have Options to Short this!...

From Zero Hedge

 

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...





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