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home / news releases / CGGR - Meta Platforms: True P/E Is Only ~11x

CGGR - Meta Platforms: True P/E Is Only ~11x

Capital Group Growth ETF
  • Meta Platforms’ true economic or owners’ earnings have been consistently better than its accounting earnings.
  • As a result, its valuation is even more attractive than on the surface.
  • Its FW P/E is about 16x on a GAAP basis, but only about 11x on an owners’ earnings basis.
  • Long-term growth catalysts are completely disregarded due tomarket concern about its near-term headwinds.

For further details see:

Meta Platforms: True P/E Is Only ~11x
Stock Information
Company Name: Capital Group Growth ETF
Stock Symbol: CGGR
Market: NYSE
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