Cryptocurrency Q&A What is Amazon's current PE ratio?

What is Amazon's current PE ratio?

EtherealVoyager EtherealVoyager Wed Sep 18 2024 | 7 answers 1438
Could you please explain what Amazon's current Price-to-Earnings (PE) ratio is? I'm interested in understanding how investors are valuing the company based on its earnings per share. Is the PE ratio high or low compared to its historical levels or other similar companies in the industry? And what might drive changes in this metric over time? Thank you for your insights. What is Amazon's current PE ratio?

7 answers

ethan_carter_engineer ethan_carter_engineer Fri Sep 20 2024
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Matteo Matteo Fri Sep 20 2024
Currently, on the date of 2024-07-12, Amazon.com's stock price stands at $194.49, indicating a significant valuation within the market.

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Chiara Chiara Fri Sep 20 2024
Analyzing the company's financial performance, its Earnings per Share (Diluted) for the trailing twelve months (TTM), which ended in March 2024, amount to $3.57. This figure serves as a crucial metric for assessing Amazon's profitability.

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Filippo Filippo Fri Sep 20 2024
Consequently, the Price-to-Earnings (PE) Ratio (TTM) for Amazon.com, calculated using the aforementioned stock price and earnings per share, equals 54.48. This ratio offers investors a glimpse into the market's valuation of Amazon's future earnings potential.

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henry_grayson_lawyer henry_grayson_lawyer Thu Sep 19 2024
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