Price-to-Earnings Ratio
How much investors pay per dollar of earnings. The most common valuation metric — tells you if a stock is "expensive" or "cheap" relative to its profits.
Read more: Price-to-Earnings (P/E) Ratio: What It Tells You and When It Lies →
Formula
How to Interpret
S&P 500 average is ~20-25x. High P/E (>30) means investors expect high future growth. Low P/E (<15) might mean undervaluation or declining business. Negative P/E (unprofitable companies) is meaningless — use P/S instead.
Why It Matters
P/E is the quick-and-dirty valuation check. Is a chipmaker at 60x P/E expensive? Not if earnings double. Is a bank at 8x P/E cheap? Not if earnings are about to collapse. P/E is only useful in context.
Top 10
Bottom 10
Price-to-Earnings Ratio by Company
All 75 tracked stocks with reported Price-to-Earnings Ratio, ranked highest first on the latest quarter each has reported.
FY — quarters on the company's own off-calendar fiscal year; unprefixed quarters follow the calendar year.