As of today (2020-04-03), Amazon.com’s share price is $1906.59.
Amazon.com’s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec.
Therefore, Amazon.com’s PE Ratio for today is 82.86.
Why is Amazon’s P E ratio so high?
On the same day, Amazon’s stock price was $1,591.91 with a P/E ratio of 89.19. One of the reasons Amazon’s P/E is so much higher than Apple’s is that its efforts to expand aggressively on a wide scale have helped keep earnings somewhat suppressed and the P/E ratio high.
What is a good PE ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. 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.
What company has the highest PE ratio?
10 highest stocks with the highest PE trading in Nifty 500
- Unichem Laboratories Ltd. (PE: 1243.4)
- Future Consumer Ltd. (PE: 865)
- Equitas Holdings Ltd. (PE: 404.2)
- Infibeam Avenues Ltd. (PE: 398.4)
- Ujjivan Financial Services Ltd. (PE: 344)
- Future Retail Ltd. (PE: 330.4)
- Indoco Remedies Ltd.
- Mahindra CIE Automation Ltd.
Is Amazon overvalued 2019?
Fundamentally, Amazon is overvalued with a P/E ratio of 81.12 without offering a dividend, according to Macrotrends. Amazon reported strong earnings on April 25, and the stock responded by setting its 2019 intraday high of $1,964.40 on May 3.