Is marks and Spencer stock cheap?

After the recent share price fall, Marks and Spencer shares certainly look cheap. For the year ending 3 April 2023 (FY2023), City analysts expect the group to generate earnings per share of 18.1p. That gives the stock a forward-looking price-to-earnings (P/E) ratio of just eight.

How do I buy shares in Marks & Spencer Group plc (MKS)?

To buy shares in Marks & Spencer Group plc (LON:MKS), you'll need to have an account. There are no documents available for this stock. Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision.

Is the Marks & Spencer share price still down?

On that score, the Marks & Spencer share price is still down 6% over the past two years, even after the latest sharp rise. So that’s a company whose business is already a little ahead of where it was two years ago, yet the shares are still lagging. Of course, there’s a lot more to it than recovering revenue.