Is Oklo Stock's Sky-High Valuation Justified or Simply Driven by Hype?

Key Takeaways Oklo Inc. (OKLO) is currently trading at a trailing 12-month price-to-book (P/B) of 31.77x. This represents a strong premium compared with the broader industry average of 5.58x and other players like Talen Energy Corporation (TLN) and Constellation Energy Corporation (CEG) , which trade at 12.09x and 7.47x, respectively. Image Source: Zacks Investment Research It signifies that investors are willing to pay a premium price for the stock. But the billion-dollar question is: Is it justified? Befo ...