Check My math, did it quickly. Old TTM (before tonight): Q4 FY25: $0.29 Q1 FY26: $1.22 Q2 FY26: $6.20 Q3 FY26: $23.41 TTM EPS = $31.12 At the pre-earnings price $1,427.62 → 1,427.62 / 31.12 = ~45.9x (matches the ~47x you remembered) New TTM (after tonight): Drop Q4 FY25 ($0.29), add Q4 FY26 ($39.25) $31.12 − $0.29 + $39.25 = $70.08 At today's close $1,351.76 → 1,351.76 / 70.08 = 19.3x At the after-hours ~$1,288 → 1,288 / 70.08 = 18.4x link
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