According to CoinMeta, as reported by Wall Street Journal, the declining stock valuation of NVIDIA is sending a warning signal regarding whether the chip manufacturer will be able to maintain its explosive profit growth prospects. NVIDIA's current stock price corresponds to a price-earnings ratio (P/E) of less than 17 times for the estimated profits over the next 12 months, which is at the lowest affordable level in over a decade. This is only half of the P/E ratio of over 25 times recorded in May of this year, and significantly lower than that. TCW Senior Portfolio Manager of Theme Stocks and Sustainable Growth Stocks Eli Horton stated that this indicates that the market holds a healthy degree of skepticism about the sustainability of the company's current profitability.