Rowan argues equity prices are not low, with average PE in mid-twenties versus historical 16.
“I do not believe prices are low. They are lower, but we're still talking about an average PE as a reference in the mid twenties versus 16 over time.”
Rowan cautions that owning data center equity does not guarantee profits despite valuable data.
“But I don't think it is a foregone conclusion that because you own a data center and you own equity in it and data is valuable that you will make money in data center equity.”
Rowan warns owning data center equity is not guaranteed to be profitable despite valuable data and strong current demand.
“I don't think it is a foregone conclusion that because you own a data center and you own equity in it and data is valuable that you will make money in data center equity.”