In the current session, the stock is trading at $92.45, after a 2.06% spike. Over the past month, POSCO Holdings Inc. (NYSE:PKX) stock increased by 20.86%, and in the past year, by 62.06%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
How Does POSCO Holdings P/E Compare to Other Companies?
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 ...