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u/bhosdka
7 hours ago
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The most important numbers for angel investors and entrepreneurs is valuation in multiple of revenue. I think its a good heurestic that can be applied to public companies, I have compiled some data Discussion
The most important numbers for angel investors and entrepreneurs is valuation in multiple of revenue. I think its a good heurestic that can be applied to public companies, I have compiled some data
A lot of people discuss valuations without understanding the full picture of stock markets work. So I'm trying to share a table I made in which you can interpret the stock price yourself. Please understand that only companies that do similar work can be realistically compared.
I use capitalisation per dollar revenue as the main heurestic investors use. This is what an investor would look at, what multiplier of revenue should we value the company at. Understanding this number requires knowledge of the field itself and knowledge of how the future will play out in this field.
P/E ratio is the profits to earning ratio. This is the same as above but instead of revenue, we are seeing profit. This is a common number quoted for public companies.
A fun way investors like to taunt entrepreneurs about valuation is, how many years will it take to make my investment back. These two are those numbers. For every dollar you invest this many years it will take for you to get your money back.
PE ratio is years to get your dollar back if you take a cut from profits. The number I gave is years to get your dollar back if you take your cut from revenue.
Profit margin is pretty common and easy to understand. I have included it because it reveals the state of the larger industries these companies operate in. Some industries are just low profit margin. The market prices in the fact that many industries are hard work for low profits.
The final thing I mention, which is the most important. The EXCHANGE. This is the country from which the capital is being drawn from. The amount of liquid capital available is highly dependent on the host reserve banks and market forces. This is why american companies are valued so much higher even when they do similar work.
I have compiled this data with claude Opus 5. It does still make mistakes but mostly the data seems ok. The notes are all added by claude, I didn't prompt or ask. I just asked it to move all its notes into the table itself so the reader can judge themselves.
Please understand that this is a heurestic-
A heuristic is a practical, trial-and-error method, a mental shortcut, or a rule of thumb used to solve a problem or make a decision quickly.
|Company (Exchange)|Cap/$1 rev|P/E|Margin|Notes|
|:-|:-|:-|:-|:-|
|\*\*SpaceX\*\* (NASDAQ)|\~94 ⚠|—|-6.9% †|IPO 12 Jun 26 @$135. Q2 rev $7.81bn +92%, net loss $541m. Ratio on FY25 rev; \~59 on annualised Q2|
|Palantir (NASDAQ)|68.2|139|42.8%||
|Arm (NASDAQ)|55.7|277|17.3%||
|CrowdStrike (NASDAQ)|44.4|—|-3.9%|No P/E: operating loss|
|Palo Alto (NASDAQ)|29.5|323|9.7%||
|Broadcom (NASDAQ)|26.2|67|43.7%||
|Arista (NYSE)|23.7|62|43.1%||
|Marvell (NASDAQ)|21.9|72|16.2%||
|Nvidia (NASDAQ)|20.8|33|64.0%||
|Adani Green (NSE/BSE)|\~18 ⚠|n/v|91.8% ‡|Weakest row: rev extrapolated from H1, mcap disputed, PAT unverified|
|ASML (Euronext/NASDAQ)|16.9|56|35.4%||
|TSMC (TWSE/NYSE)|15.9|28|56.0%||
|Visa (NYSE)|15.2|31|60.7%||
|Shopify (NYSE/TSX)|14.9|102|13.9%||
|Eli Lilly (NYSE)|13.6|41|43.9%||
|Tesla (NASDAQ)|12.6|282 ⚠|4.2%|Sources give 271/282/365; tiny EPS base makes P/E unstable|
|Microsoft (NASDAQ)|11.3|28|46.8%||
|Micron (NASDAQ)|10.9|19|65.8%|Memory-cycle peak|
|Adani Ports (NSE/BSE)|\~10 ⚠|30.0|34.0% †|FY26 rev estimated from stated +25% growth|
|Apple (NASDAQ)|9.5|35|33.2%||
|Alphabet (NASDAQ)|9.4|17 ⚠|33.1%|P/E doesn't reconcile — implies 55% net margin vs 33% op margin. Don't use|
|SK hynix (KRX)|7.6|\~9 ⚠|76% †|Q2 net margin 118% (non-op gains). Sources give P/E 6.2 vs my 8.8|
|Adani Power (NSE/BSE)|\~7.1 ⚠|31.4|30.0% †|Annualised Q4 FY26; no FY26 total found|
|Meta (NASDAQ)|6.7|22|38.1%||
|Bharti Airtel (NSE/BSE)|5.7|44.8|14.3% ‡|Net margin; EBITDAaL margin 51.2%|
|SAP (XETRA/NYSE)|5.5|26|26.8%||
|Tencent (HKEX)|4.7|16|32.3%||
|Adani Enterprises (NSE/BSE)|4.2|46.0|16.0% ‡|Best-sourced Adani row|
|Novo Nordisk (CPH/NYSE)|4.1|12|43.1%||
|AstraZeneca (LSE/NASDAQ)|4.0|24|22.8%||
|Amazon (NASDAQ)|3.8|22|12.1% ⚠|Implied net margin \~17% vs \~10% historic; op margin sound|
|TCS (NSE/BSE)|3.3|18.0|25.0% ‡|Fully verified; net margin 19.8%|
|IBM (NYSE)|3.3|21|17.9%||
|Infosys (NSE/BSE/NYSE)|2.7|16.4|20.3% ‡|Verified|
|Samsung (KRX)|\~2.5 ⚠|\~5 ⚠|52% †|Annualised Q2; devices division at an operating loss|
|Maruti Suzuki (NSE/BSE)|2.5|30.0|12.3% ‡|EBITDA margin; net 8.4%|
|Home Depot (NYSE)|2.1|25|12.5%||
|Alibaba (NYSE/HKEX)|2.0|19|5.8%||
|Exxon Mobil (NYSE)|1.8|21|10.7%||
|Sony (TSE/NYSE)|1.6|\~16 ⚠|16.8% †|P/E from FY26 guidance, not TTM actuals|
|Reliance (NSE/BSE)|1.5|22.2|17.7% ‡|EBITDA margin. Q1 FY27 PAT fell 22.4%|
|Costco (NASDAQ)|1.4|47|3.8%||
|Walmart (NYSE)|1.2|40|4.2%||
|TotalEnergies (Euronext/NYSE)|1.0|11|13.7%||
|Shell (LSE/NYSE)|0.8|10|12.3%||
|UnitedHealth (NYSE)|0.8|26|4.8%||
|Toyota (TSE/NYSE)|0.7|8|7.1%|Cheapest on both measures|
† latest quarter · ‡ FY26 (to Mar 2026) · unmarked margin = TTM operating margin · ⚠ soft figure · n/v = not verified
Data as of 11–12 Aug 2026. Least reliable rows, ranked: Adani Green → Alphabet P/E → Samsung P/E → Adani Power/Ports → Tesla P/E.