Walmart's P/E of 43x exceeds Nvidia's 27x after chip stock slide
A r/stocks post claims Walmart now trades at a higher trailing P/E than Nvidia, 43x versus 27x, after chip stocks fell eight sessions in a row through Friday. The post states the SOX lost about 16% in that run, with Nvidia down 10.5% from its October 6 record close and Walmart up 10.8% over the same eight days. It adds that Walmart remains pricier on forward estimates, that Nvidia's revenue grew 106% last quarter versus Walmart's 6%, and asks whether the gap is a fair price for safety or overpaying for it.