# Prof. Aswath Damodaran's valuation of Facebook is referenced

1 Faculty News June 12, 2012 ![Forbes logo](/sites/default/files/styles/246w/public/assets/images/con_030508.jpg?itok=SId6k3bx)>

Excerpt from [Forbes India](http://forbesindia.com/article/special/facebooktoo-much-hype-too-little-substance/33106/1) -- "When Facebook’s share price started tumbling down since its listing two weeks ago, not everyone was surprised. In February, as soon as its numbers became public, [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a finance professor at NYU Stern School of Business, valued the company at $72 billion. It made a debut with a valuation of $100 billion, or 100 times its earnings."

[Read more](http://forbesindia.com/article/special/facebooktoo-much-hype-too-little-substance/33106/1)