Cryptocurrencies and stocks are considered risky investments, and traders frequently employ metrics to determine how justified their market value could be. Assessing Nvidia’s ValuationOne very popular valuation metric is the price-to-earnings ratio, or simply the P/E ratio. It measures the relationship between the market value of a company’s stock and a fundamental financial metric, in this case, its earnings. Put simply, this ratio indicates whether a stock at its current market price is expensive or cheap relative to its fundamentals. AI powerhouse NVIDIA Corp. (NASDAQ:NVDA) has enjoyed a ph…
