P/E ratios are used by investors and analysts to determine the value of a company's shares in an apples-to-apples comparison.
One thing to keep in mind: Compare the stocks’ P/E with the industry P/E. If the stock’s P/E is less than the industry P/E then the stock could be undervalued and vice versa.
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Posted On: 21 Jul 2022 2:00 PM
