Looking into the current session, American Express Inc. (NYSE:AXP) shares are trading at $151.71, after a 1.00% drop. Over the past month, the stock decreased by 5.33%, but over the past year, it actually spiked by 7.93%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
A Look at American Express P/E Relative to Its Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data ...