In the current session, Abbott Laboratories Inc. (NYSE:ABT) is trading at $98.52, after a 0.42% drop. Over the past month, the stock decreased by 5.46%, and in the past year, by 1.33%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio.
Abbott Laboratories P/E Compared to 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 and aggregate market data ...