Jul. 21 at 4:38 PM
If Paypal
$PYPL had same PE as
$XYZ, it would be trading at above
$200. and if
$XYZ had same PE as
$PYPL, it would trading around the
$20S.
And it's not like Block has higher growth. YOY as flat compared to 4% increase for PayPal.
I have both but am scared that Block might be treated with similar valuation as PayPal.