P/E Ratio Insights for Amazon.com

P/E Ratio Insights for Amazon.com

 

 

In the current session, Amazon.com Inc. (NASDAQ:AMZN) is trading at $3300.28, after a 2.37% increase. Over the past month, the stock increased by 7.93%, and in the past year, by 61.55%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 7.09%.

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