In the video below, Zillow (ZG -0.69%) CEO Spencer Rascoff answers a question about the company's nosebleed price-to-earnings multiple. Lofty P/E ratios may scare some investors, but it's important to understand the underlying growth prospects that result in such premiums.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.