The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.

Amazon.com's P/E ratio is well over 100. Anand discusses why that is and gives one stat that bulls would use to justify the valuation.

Anand Chokkavelu owns shares of Best Buy. The Motley Fool owns shares of Amazon.com, Best Buy and Wal-Mart Stores. Motley Fool newsletter services recommend Amazon.com and Wal-Mart Stores. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.