![Name the ticker. [596x318 - 11KB]](https://pic8.co/sh/YT8u7U.png){kind=link}
Is a 6x P/E ratio good?
Is a 6x P/E ratio good?
It can be complicated but generally a P/E below 18 is a sign the stock is oversold. A peer in this sector $M (pic8.co) is trading at a 25 P/E. In this case I think the P/E signals a clear buy signal.
* https://einvestingforbeginners.com/what-is-a-good-pe-ratio/
It can be complicated but generally a P/E below 18 is a sign the stock is oversold. A peer in this sector [$M](https://pic8.co/sh/WL1irR.png) is trading at a 25 P/E. In this case I think the P/E signals a clear buy signal.
*
https://einvestingforbeginners.com/what-is-a-good-pe-ratio/
When I first learned about P/E ratio I thought it was so strange to measure a company's value in this "market" of stock by how many years of current profit they'd have to make to equal the market cap.
When I first learned about P/E ratio I thought it was so strange to measure a company's value in this "market" of stock by how many years of current profit they'd have to make to equal the market cap.