What stock has the lowest PE? (2024)

What stock has the lowest PE?

Because a company's debt can affect both share price and earnings, leverage can skew P/E ratios as well. For example, suppose two similar companies differ in the debt they hold. The firm with more debt will likely have a lower P/E value than the one with less debt.

Why some stocks have very low PE?

Because a company's debt can affect both share price and earnings, leverage can skew P/E ratios as well. For example, suppose two similar companies differ in the debt they hold. The firm with more debt will likely have a lower P/E value than the one with less debt.

What are undervalued stocks based on PE ratio?

What number is a low PE ratio?

Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. But it doesn't stop there, as different industries can have different average P/E ratios.

What is the most undervalued stock?

Is low PE ratio good?

If the share price falls much faster than earnings, the PE ratio becomes low. A high PE ratio means that a stock is expensive and its price may fall in the future. A low PE ratio means that a stock is cheap and its price may rise in the future. The PE ratio, therefore, is very useful in making investment decisions.

What is Amazon's current PE ratio?

The PE ratio for Amazon Com stock stands at 62.14 as of Apr 16, 2024. This is calculated based on the TTM EPS of $2.95 and the stock price of $183.32 per share. A decrease of 47% has been observed in the PE ratio compared to its average of 117.8 of the past four quarters.

What if PE ratio is 0?

A Price-to-Earnings (PE) ratio becoming zero for a stock typically indicates a situation where the company is reporting negative earnings. The PE ratio is calculated by dividing the current market price of a stock by its earnings per share (EPS).

What is the PE ratio of Tesla?

Therefore, Tesla's PE Ratio for today is 36.45. During the past 13 years, the highest PE Ratio of Tesla was 1396.86. The lowest was 31.23.

Is AMZN overvalued?

Amazon's performance remains strong, with robust earnings and reasonable valuation metrics suggesting the stock is not overvalued.

Which stock will boom in 2024?

What stock is going to skyrocket?

Why is Amazon PE ratio so high?

Why is Amazon PE Ratio so high? Amazon's P/E ratio is higher than most companies in the retail industry because investors are optimistic about its future growth potential. As mentioned, a high price multiple can indicate the market expects higher growth from a company.

Do low PE stocks outperform?

So, is a stock with a lower P/E ratio always a better investment than a stock with a higher one? The short answer is no.

Is 0.5 PE ratio good?

The ratio is calculated by dividing the price-earnings ratio by the sum of the earnings growth rate and the dividend yield. With this modified technique, ratios above one are considered poor, while ratios below 0.5 are considered attractive.

What is Warren Buffett buying?

How do I find the best undervalued stock?

Price to Earnings Ratio

PE Ratio is one of the metrics used to identify undervalued stocks. The PE ratio compares the current market value of a stock with its earnings per share. Typically, undervalued stocks will have a low PE ratio. Remember that the standard PE ratio differs from industry to industry.

How to tell if a stock is undervalued?

Price-to-book ratio (P/B)

P/B ratio is used to assess the current market price against the company's book value (assets minus liabilities, divided by number of shares issued). To calculate it, divide the market price per share by the book value per share. A stock could be undervalued if the P/B ratio is lower than 1.

What is an overrated PE ratio?

A high P/E ratio may suggest that investors are expecting higher earnings in the future. The P/E ratio can be misleading because it is either based on past data or projected future data (neither of which are reliable) or possibly manipulated accounting data.

Is NVDA overvalued?

Despite concerns about Nvidia being caught in a bubble, its strong fundamentals and growth potential suggest the stock could be on a stable path. Many investors are questioning whether Nvidia (NVDA) stock is in a bubble.

Is 30 a bad PE ratio?

P/E 30 Ratio Explained

A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company's early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.

What is the PE ratio of Costco?

P/E ratio as of April 2024 (TTM): 56.7

According to Costco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.7161. At the end of 2020 the company had a P/E ratio of 38.6.

What is the PE ratio of Walmart?

As of today (2024-04-16), Walmart's share price is $59.84. Walmart's EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2024 was $4.18. Therefore, Walmart's PE Ratio without NRI for today is 14.33.

What is the PE ratio for Walmart?

P/E ratio as of April 2024 (TTM): 11.5

According to Walmart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5096. At the end of 2022 the company had a P/E ratio of 14.5.

Does low PE mean undervalued?

In general, if the company's current P/E is at the lower end of its historical P/E range or below the average P/E of similar companies, it may be a sign that the stock is undervalued—regardless of recent business performance.