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P/E Ratio

Fundamental Analysis

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Price-to-Earnings Ratio: a number that shows how much investors are willing to pay per dollar of a company's earnings. It helps you compare whether a stock is expensive or cheap relative to its profits.

예시

A company with a stock price of $150 and annual EPS of $10 has a P/E ratio of 15. If similar companies in its industry have an average P/E of 20, the stock may be undervalued compared to peers.

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Beginners compare P/E ratios across different industries. A utility company with a P/E of 12 and a tech company with a P/E of 30 are not directly comparable — industries have different typical growth rates and P/E ranges.

관련 용어

  • EPS — Earnings Per Share: a company's net profit divided by its total number of outstanding shar…
  • Market Cap — Market Capitalization: the total value of a company's outstanding shares, calculated as st…
  • PEG Ratio — Price/Earnings-to-Growth Ratio: the P/E ratio divided by the company's annual EPS growth r…

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