CrowdStrike Trading at High PE Multiple: Time to Sell the Stock?

CrowdStrike Holdings, Inc. (CRWD) has been a dominant player in the cybersecurity space, but its current valuation raises significant concerns. Trading at a premium price-to-earnings (P/E) multiple of 69.38X, well above the Zacks Internet – Software industry average of 34.16X, the stock's valuation seems inflated. Similar is the case with the price-to-sales (P/S) multiple. Image Source: Zacks Investment Research Even more concerning is that CRWD trades at such a lofty valuation multiple despite a 27.2% decl ...