Palantir: A Valuation in Infinite Regression

This discrepancy, between the stock’s vertiginous climb and the analysts’ tempered expectations, is not a paradox, but a symptom. A symptom of a valuation – a forward price-to-earnings ratio of 172.4, a price-to-sales ratio approaching 112 – that hangs suspended, a fragile theorem in need of rigorous proof. One is reminded of the Library of Babel, Borges’ imagined universe of infinite books, where the vast majority contain only gibberish, yet within them, the potential for all conceivable truths resides. Palantir, in this analogy, is a single volume, its pages filled with a compelling, yet unverified, narrative.





