The idea is that it will grow for 100% yoy for a few years as it is a small and innovative company in a very big and fast expanding market. Current PE is 120 based on TTM, but forward PE based on latest results would be 75 and factoring in the growth of next 2 years, it could be maybe 15-20. Some could say 2 years growth is factored in, others could say 5-6 years of 100% yoy growth is left before it comes to 50-60% growth trajectory thus current PE is actually low. You are basically betting on the capacity of the management to manifest their words.
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