ET Markets RadioTune in now for Markets news, views & cues ETMarkets Investors' Guide (ET Online) Which is the best way to value an internet stock like Zomato? 26:13 Min | July 11, 2021, 1:05 PM IST Tune in as Mr. Rajiv Nagpal talks about valuation metrics for unicorns like Zomato, listing of startups and much more! Tags Transcript Hello, you have tuned into ETMarkets Investors' Guide, a show about asset classes, investment ideas and market trends. I am Nikhil Agarwal. While researching for a new stock to buy, one of the first valuation metrics we look at is the price-to-earnings ratio. Before deciding whether it is expensive or cheap, we compare the PE ratio with that of its peers. Since unicorns like Zomato are still in the cash-burning phase, there's no profit and therefore you'll get a negative PE ratio. There are no listed peers of Zomato in India either.