Nvdia is expensive ?

**Nvidia's stock is currently trading at a premium, and this is evident from its high valuation metrics.**

1. **High P/E Ratio**: Nvidia's P/E(TTM) ratio stands at 77.63, which is significantly higher than the industry average. This indicates that the stock is trading at a premium compared to its earnings.

2. **Elevated P/S Ratio**: The company's P/S ratio is 29.48, which is also higher than the industry average. This suggests that the market may be expecting high growth rates in the future to justify such a valuation.
3. **Strong P/B Ratio**: Nvidia's P/B ratio is 56.86, indicating that the stock is valued at a premium compared to its book value. This could be due to factors such as strong brand recognition, growth prospects, or other intangible assets.
4. **Intrinsic Value Analysis**: Nvidia's intrinsic value is projected to be significantly higher in the future, with an estimated EPS of $8.41 by the end of the decade. This suggests that much of the stock's intrinsic value remains in the future, which could justify the high valuation to some extent.
5. **Market Sentiment and Analysts' Forecasts**: The stock has seen a 92% increase this year, leading to a market value increase of over $1 trillion. Analysts have set an average 1-year price target of $148.12, with a low forecast of $56.57 and a high forecast of $210, indicating a wide range of potential future values.
6. **GPU Market Dynamics**: The high demand for Nvidia's GPUs, particularly the RTX series, contributes to the premium valuation. Despite being expensive, Nvidia's GPUs remain in high demand due to their advanced technology and performance. This demand supports the high valuation to some extent.

In conclusion, while Nvidia's stock is trading at a premium, its strong growth prospects, especially in the AI and GPU markets, may justify the valuation to some extent. However, investors should exercise caution due to the high valuation metrics and the potential for market sentiment to shift.