--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/24120967.md" description: "The market capital is different. Apple has a P/E ratio of over 30, but its growth potential is far lower than that of Xiaomi. Think about it—once capital flows in, with Xiaomi at a 35x P/E and profits of 50 billion yuan (including 10 billion from cars and 40 billion from core businesses), its market cap could easily surpass 2 trillion yuan." datetime: "2024-09-26T07:28:49.000Z" locales: - [en](https://longbridge.com/en/topics/24120967.md) - [zh-CN](https://longbridge.com/zh-CN/topics/24120967.md) - [zh-HK](https://longbridge.com/zh-HK/topics/24120967.md) author: "[大王带我去寻宝](https://longbridge.com/en/profiles/7200445.md)" --- # The market capital is different. Apple has a P/E r…