
Rambus has seen a sharp reset in sentiment over the past year, even after a very strong multi year run. This puts fresh focus on whether the current share price lines up with what its earnings can justify. With the stock closing at US$85.87, the key issue is how that market price stacks up against the profits the business is generating today. Over the past 5 years Rambus has delivered a total return of 273.7%, which makes the question of what investors are now paying for each dollar of...
