Does Apple have a good PE ratio?
About PE Ratio (TTM) Apple Inc. has a trailing-twelve-months P/E of 28.58X compared to the Computer – Mini computers industry’s P/E of 19.16X. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its trailing twelve months earnings.
What is a good PE ratio on a stock?
The average P/E for the S&P 500 has historically ranged from 13 to 15. For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings. The high multiple indicates that investors expect higher growth from the company compared to the overall market.
Does Warren Buffett use PE ratio?
Warren Buffett was right after all (surprise!) the P/E is of no real use without additional information. He has recognized that the P/E ratio and book value are simply too crude to use directly as value indicators, particularly when he is able to calculate an actual intrinsic value for a share.
What is Alibaba PE ratio?
About PE Ratio (TTM) Alibaba Group Holding Limited has a trailing-twelve-months P/E of 15.35X compared to the Internet – Commerce industry’s P/E of 27.43X.
What is Target’s P E ratio?
17.9
The Verdict On Target’s P/E Ratio Target has a P/E of 17.9. That’s around the same as the average in the US market, which is 18.2.
What is the P E ratio of Amazon?
PE Ratio Related Metrics
| PS Ratio | 4.007 |
|---|---|
| Earnings Yield | 1.66% |
| Market Cap | 1.754T |
| PEGY Ratio | 0.5006 |
| Operating PE Ratio | 59.94 |
What is the Best PE ratio?
Indeed, a high PE ratio can indicate a company is growing fast whereas a low PE ratio can indicate a company that is simply doing poorly and in need of assistance. As a rule of thumb, investors should prefer PE ratios within the normal range, 5-25, and ignore any company with a PE ratio above 50.
What does PE ratio mean in stocks?
The PE ratio of a stock or stock market is typically considered a measure of relative value. Ultimately, it also represents the price at which people are willing to pay today for future growth. The PE ratio is a measure that is capable of identifying stocks that are undervalued and overvalued, and although there is a general rule…
What is a good P E ratio?
A good P/E ratio is one that is consistent or shows consistent growth . The actual number that this may be for a particular company may vary. P/E ratios can be misleading if looked at without considering a company’s recent history.
What is stock market PE ratio?
PE Ratio. Search: The P/E ratio or Price to Earnings ratio is a measure of a company’s current share price compared to its annual earnings per share. It is one of the oldest and most commonly used ratios on the stock market. To calculate the ratio: P/E = Market Value per Share / Earnings per Share.
